What types of community funding may be available to Melanie if she decides to open the center?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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What types of community funding may be
available to Melanie if she decides to open
the center?
Melanie is considering opening a not-for-
profit child care and education center and
wants to figure out what her monthly budget
would look like. She has come up with the
following sets of numbers, which may or may
not be realistic in her area. Monthly Fixed
Costs $4,000 Number of Children Served 15
Salary and Benefits Costs $7,000 Estimated
Food Costs $1,000
Transcribed Image Text:What types of community funding may be available to Melanie if she decides to open the center? Melanie is considering opening a not-for- profit child care and education center and wants to figure out what her monthly budget would look like. She has come up with the following sets of numbers, which may or may not be realistic in her area. Monthly Fixed Costs $4,000 Number of Children Served 15 Salary and Benefits Costs $7,000 Estimated Food Costs $1,000
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