paulina1
Jul 2, 2010, 10:34 PM
Smith family has $250,000 to start business. They estimate that sales to their customers will be $6000 per month the first year. On average, the budgeted monthly costs will be:
Wages $900, Rent the building $1500, Utilities $300, Advertising $500, Delivery costs $400
1. What is the projected monthly profit?
2. What is the expected annual return on investment?
Thanks
Wages $900, Rent the building $1500, Utilities $300, Advertising $500, Delivery costs $400
1. What is the projected monthly profit?
2. What is the expected annual return on investment?
Thanks