Business, 15.02.2021 01:00, swagisminecraft

ACTUAL EXPLANATIONS ONLY PLEASE // Now, let's look at revenue. Revenue is hard to forecast and generally requires some experience in the industry. For this exercise, we'll give you projections. For the first Haute Salon, the following revenue was projected for the first seven weeks: 200, 400, 330 , 5400, 7700, 9700, 11500.

Now consider the week 1 revenue, total expenses, and cost of purchasing the equipment How much cash will you lose (revenue minus expenses) in the first week? [Include the equipment costs.]

a) About $12,000
b) About $17,000
c) About $23,000

extra information:
total equipment cost: 6,500$
stylists demand 30&/hour & weekly salaries approximate to: 8,000$
major expenses (minor expenses ignored): 10,780$

answer is b) 17,000$

Answers: 3

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ACTUAL EXPLANATIONS ONLY PLEASE // Now, let's look at revenue. Revenue is hard to forecast and gener...