Marge opens an oxygen bar in a building she owns

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Q. Marge opens an oxygen bar in a building she owns. She utilized to rent the building to her brother in law for $10,000 a year. To open the oxygen bar, Marge quit her job as a physician assistant, which paid $80,000 a year. As a bar owner, Marge has to pay $40,000 a year wages for her bartender, spend $25,000 a year for supplies also the utilities bill is $9,500 a year. To cover the start-up costs, she utilized up all of her savings which earned $4,600 in interest. Illustrate what are her explicit costs?

Reference no: EM1322847

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