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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! 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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