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You are currently running your own small business with annua

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You are currently running your own small business with annual revenue of $150k and accountant costs of $60k. If you close your business, you could sell your computer and other equipment for $2k and make a 10% annual interest on it.

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Solution Preview

You have revenue of 150,000 - 60,000 = 90,000 + 2000 = 92,000 + (92000 * 10%) = 9200
= 92000 + 9200 = 101200 for the first year.

Subsequent years = 80,000 per year salary.

If you remain in business, your annual income is 150000 - 60000 = 90000, but a salaried position is offering you 80,000. The option for greater ...

Solution Summary

You are currently running your own small business with annual revenue of $150k and accountant costs of $60k. If you close your business, you could sell your computer and other equipment for $2k and make a 10% annual interest on it.

$2.19
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? US Government T-Bills 3.5%
? Large-cap common stocks 12.1%
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