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?

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1.Projected monthly profit would be around 2475$
2. And the return on investment would be around 11.88%

astute, please read the link in the post above yours. We are not here to just answer people's homework for them, but rather to help them understand it. And your answers are incorrect.