Question: need help asap! Assume that you are thinking about starting youe own smal business You have made the followilg estimates regarding this opportunif. - You

need help asap!
need help asap! Assume that you are thinking about starting youe own

Assume that you are thinking about starting youe own smal business You have made the followilg estimates regarding this opportunif. - You can rent a locition for your business at a cost of $35.000 per year. - The equipment costs incured to start the businets would total $250.000. The equpment would have a 5 yerar useful ife and a salyage valup de 525.000. - Xour company's estumased sales per yeor would equal $350,000 and its variable cost of goods sold would be 395 of sales - Ceher operating costs would include $57000 per yes in salaries, 54,000 oer year for insurance, 325,000 ptr year for ut ities, and a 32 sales commisslon. The payack period for this investment opportanty is dobest to: Mukivie Ctoice 47 year 722 yuth. 3 8tnean. atl years

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