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William Burris invested $100,000 in an Australian-based franchise, Rent Your Boxes, purchasing three territories in the Washington area. After finding out the company had gone

image text in transcribed William Burris invested $100,000 in an Australian-based franchise, Rent Your Boxes, purchasing three territories in the Washington area. After finding out the company had gone bankrupt, he rallied 10 other franchisees to join him and created a new company, Rent Our Boxes. Rent Our Boxes had a net Check Answers ii income of $38,902 with net sales of $286,585. Legend Graded cell: Leave blank if no answer is needed. Scratchpad: Use as a non-graded Note: Use cells A4 to B6 from the given information to complete this question. workspace

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