Sam is planning to start a pool cleaning business from his home. he has developed the following cost analysis for the set-up and operation for the first year of his business. he has $9,000 in savings and $23,000 in credit that he can use for the business. will sam be able to afford the operational costs of the first year of business on his own?

item
cost
truck
$9,000
pool cleaning supplies
$6,000
payroll
$23,000
advertising
$1,500
a.
no, sam will be short $7,500.
b.
no, sam will be short $15,500.
c.
yes, sam will have $7,500 to spare.
d.
yes, sam will have $15,500 to spare.

Answer with Step-by-step explanation:

we are given that:

Sam is planning to start a pool cleaning business from his home.

He has $9,000 in savings and $23,000 in credit that he can use for the business.

He has developed the following cost analysis for the set-up and operation for the first year of his business:

Item                                                    Cost

Truck                                                $9,000

Pool Cleaning Supplies                   $6,000

Payroll                                               $23,000

Advertising                                        $1,500

The operational cost adds up to:   $39500

Total amount that Sam has=  $(23000+9000)

                                            = $32000

Hence, we can see he runs short of money= $7500    (39500-32000=7000)

Hence, correct option is:

a.

No, Sam will be short $7,500.

ghjmutmum

step-by-step explanation: