SOLUTION: A corporation purchases a smaller company for $50,000. The company costs $1,000 per month to maintain. The company brings in $2,000 per month in revenue. After how many months will

Question 1096897: A corporation purchases a smaller company for $50,000. The company costs $1,000 per month to maintain. The company brings in $2,000 per month in revenue. After how many months will the corporation see a profit?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
The company brings in $2000/month revenue, and costs $1000/month to maintain; yielding a net profit of $1000/month. 50000/1000=50 months before the corporation sees a profit in the purchase of the smaller company
☺☺☺☺
RELATED QUESTIONS
Jones Stereo company sells stereo sets for $150 each. The parts for each stereo cost... (answered by Boreal)

A fabrication company engaged in production with a capacity of 150, 000 pieces per year.... (answered by ankor@dixie-net.com)

A factory has 2 locations for export to America. Where the fixed costs per month for each (answered by Solver92311)

Suppose a company has 10 employees, 1 earning R160 000, 1 earning R120 000, 2 earning... (answered by ikleyn)

A company produces product X at a unit cost of N10. If fixed costs are N450, 000, and... (answered by ikleyn)

A company making backpacks charges $29.99 for each backpack. It costs $6.45 to make each... (answered by math_tutor2020)

A clothing manufacturing company spent $1,000 researching new t-shirt designs. It will... (answered by CubeyThePenguin)

A venture capitalist, willing to invest $1,000,000, has three investments to choose from. (answered by ikleyn)