Question: Mr. Ahmed wishes to open a new barbershop: he decided to spend $18000 on that. He has calculated the monthly costs to be $2000. Mr. Ahmed expects revenue of $7000 per month and wishes to sell the business after 11 months of operation for $4000. a) Draw the cashflow diagram: (only the drawing).

Question: Mr. Ahmed wishes to open a new barbershop: he decided to spend $18000 on that. He has calculated the monthly costs to be $2000. Mr. Ahmed expects revenue of $7000 per month and wishes to sell the business after 11 months of operation for $4000. a) Draw the cashflow diagram: (only the drawing).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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