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Mathematics, 31.01.2020 03:02 poohmoney
Korey is planning to open a comic book store. he has developed the following expense breakdown for set-up and operation for the first year. korey has $8,500 in savings and $25,000 in inheritance money to use to open his store. if korey doesn’t make any changes to his initial expenses, what percent of the total set-up and operation expense will have to be funded through loans or investors?
expense
amount
rent
$10,800
insurance
$3,000
store fixtures
$2,700
computer and cash register
$1,200
inventory
$17,400
a.
4.6%
b.
9.5%
c.
45.6%
d.
95.4%
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Korey is planning to open a comic book store. he has developed the following expense breakdown for s...
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