Kanesha is an entrepreneur and recently opened her first coffee shop, The Coffee Cat. Kanesha pays $4,800
Question:
Kanesha is an entrepreneur and recently opened her first coffee shop, The Coffee Cat. Kanesha pays $4,800 for rent each month, $3,100 for monthly employee payroll, and $1,800 for supplies each month. She was planning to sell several of her own tables and chairs on Craigslist for $1,100, but instead she took them to The Coffee Cat. Additionally, Kanesha quit working as an accountant where she earned $61,000 a year to open the business. store. If the store earns $150,000 in revenue this year, calculate annually:
Instructions: Enter your answers as a whole number. If you are entering negative numbers, be sure to include a negative sign (-) in front of those numbers. Tip: Be sure to calculate explicit costs as annual costs.
to. Accounting benefits. ps
b. Economic benefits. ps
Expert Answer:
The Coffee Cat Financial Analysis a Accounting Benefits Accounting benefits typically refer to net i... View the full answer
