CRD 07-17
Table 23. Estimated average cost and earnings for offshore lobster businesses
for calendar year 2005 |
| |
Full-time |
| Gross
Revenue |
423,905 |
| Crew
Payment |
136,528 |
| Crew Payment
% of Gross |
32% |
| Fuel Cost |
51,259 |
| Bait Cost |
50,983 |
| Fuel
& Bait % of Gross |
24% |
| Insurance
P&I |
15,845 |
| Net
Return |
89,357 |
| Net
Return % of Gross |
21% |
| Opportunity
Cost of Labor |
36,712 |
| Economic
Return to Capital and Owner Profit |
52,645 |
| Economic
Return % of Gross |
12% |
| Proportion
of Businesses with Positive Economic Return to Capital |
60% |
|