CRD 07-17
Table 21. Estimated average cost and earnings for full-time and seasonal lobster
businesses in LCMA 1 for calendar year 2005. |
| |
Full-time |
Fall/Winter Season |
Summer Season |
| No Sternman |
Sternman |
No Sternman |
Sternman |
No Sternman |
Sternman |
| Gross
Revenue |
48,104 |
107,099 |
26,053 |
55,256 |
29,751 |
51,901 |
| Sternman
Payment |
NA |
22,105 |
NA |
9,217 |
NA |
5,187 |
| Sternman
Payment % of Gross |
NA |
21% |
NA |
17% |
NA |
10% |
| Fuel Cost |
4,852 |
9,512 |
3,636 |
5,274 |
2,450 |
11,120 |
| Bait Cost |
7,488 |
15,531 |
4,013 |
7,758 |
3,500 |
13,267 |
| Fuel
& Bait % of Gross |
26% |
23% |
29% |
24% |
20% |
47% |
| Insurance
P&I |
1,196 |
2,519 |
472 |
1,902 |
1,148 |
392 |
| Net
Return |
15,418 |
35,267 |
7,535 |
20,172 |
9,244 |
12,288 |
| Net
Return % of Gross |
32% |
33% |
29% |
37% |
31% |
24% |
| Opportunity
Cost of Labor |
32,649 |
32,649 |
16,325 |
16,325 |
16,325 |
16,325 |
| Economic
Return to Capital and Owner Profit |
-17,231 |
2,618 |
-8,789 |
3,847 |
-7,081 |
-4,037 |
| Economic
Return % of Gross |
-36% |
2% |
-34% |
7% |
-24% |
-8% |
| Proportion
of Businesses with Positive Economic Return to Capital |
8% |
36% |
11% |
35% |
20% |
17% |
|