Question: Glenns Electronics, a small company, has set up a computer service. The table that follows shows the revenue expected for the first five months of
Glenns Electronics, a small company, has set up a computer service. The table that follows shows the revenue expected for the first five months of operation, in addition to the costs for office remodeling, and so on. Determine the cash flow and accumulated cash flow for the company. When is Glenns expected to show aprofit?
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July August September October November $36,000 Revenue $35.000 $42,000 $48,000 $57,000 Costs Office Remodeling $25,000 Salaries Training Equipment Lease 8,000 Supplies $8,000 12,100 6,000 8,480 3,150 $16,000 11,000 6,000 $13,300 $14,600 9,000 3,300 9,540 3.460 10,110 3,000 3,630
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July August September October November REVENUE 35000 36000 42000 48000 57000 COSTS Office ... View full answer
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