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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% Please select the best answer from the choices provided A B C D

User Manoj Venk
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Answer: B

Step-by-step explanation:

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User Bright Lee
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