Question
Draw a cash flow diagram for the following scenario and take a picture of it and upload it here. An entrepreneur starts a cafe by
Draw a cash flow diagram for the following scenario and take a picture of it and upload it here.
An entrepreneur starts a cafe by investing $ 200,000 of his savings on January 15, 2020, the cafe opens in February and generates a net revenue of $2000 at the end of February (Feb 28) 2020, however with the corona virus outbreak, the cafe is shut down by the City and the entrepreneur decides to close shop in the Spring. He sells all the equipment in the store for a total sum of $40,000 on April 15 2020 and pays his vendors and staff a total bill of $15000 on April 30 2020.
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