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
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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
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