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pav-90 [236]
3 years ago
7

George wants to collect funds to open his own bakery from his family. He needs an accurate estimate of how much money he would r

equire to run the bakery for at least six months. He has to buy a shop (costing $3,500) and buy an oven (costing $600). His start-up costs, including various utility costs, would be $300. He has calculated his monthly expenses as $250. How much money would George require to start his business and run it for at least six months?
A. 

$3500

B. 

$5,900

C. 

$7,200

D. 

$7,400

E. 

$8,200

its not C.7200 tried it​
Business
1 answer:
Alex3 years ago
3 0

Answer:

I am not sure but I think B. is the answer

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Answer:

This answers may help you

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Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

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4 0
3 years ago
________ is the chance that political forces may change a country's business environment in ways that lead investors to lose som
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<u>Explanation:</u>

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5 0
3 years ago
When Toyota introduced its Scion line of cars, the lowest-price model was listed for $15,000 while the highest-priced model was
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Answer:

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3 0
3 years ago
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iris [78.8K]

Answer:

1 and a half months worth of depreciation

Explanation:

The advantage of starting to depreciate an asset purchased on December is that next year you will be able to depreciate it for a full year under MACRS.  Generally, when you purchase an asset, you have to use the half year convention and your depreciation expense for the first year will be low compared to the second year. But if you start depreciating your asset in the current year, even if you purchased it on December and the depreciation expense is not that significant, the next year you will be able to depreciate it at the second year rate.

7 0
4 years ago
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