Question
Andrea kris is opening a small flower shop that will focus primarily on delivery. but will provide a small showroom for walkin customers. a local
Andrea kris is opening a small flower shop that will focus primarily on delivery. but will provide a small showroom for walkin customers. a local florist is retiring and selling her small flower shop to andrea for $162,500. the shop has a remaining life of 20 years. Andrea expects to have revenues of $ 81250 per year qnd pay approximately 60% of revenues in operating costs. what is he accounting rate of return for Andrea's flower shop?
A)15%
B)20%
C)45%
D)25%
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Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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