Question

Garth Grits works as an employee at Superior Foods; a local supermatket. As an employee, Garth eams $19 per hout and works 200 hours per month. Garth currently supplaments his income with the inferest he earns from having $50,000 in a savings account earning 5% annual interest. Insteod of contunung to work kor Superior Foods, Garth would Hee to start up his own dolar store called Just-a-Buck located in a strip mall dose fo his home. If Garth tharis un Wuat-a.Buck, tha would quit his job working for Superior Foods. and he would work fulltime (200 hours per month) in his now business. To sef up Just-al-Buck. Gavti would have fause has $50,000 savings to buy the necessary equipment and make the appropriate renovations to the mall space he pians fo rent: Ganth tired an accouniant Who estimated the annual rovenue and costs of Just-a-Buck as follows. (Round your rosponse to the nearesf ofliar) |

Answer 1

Step-by-step explanation:

s; a local supermatket. As an employee, Garth eams $19 per hout and works 200 hours per month. Garth currently supplaments his income with the inferest he earns from having $50,000 in a savi