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You need to create an operating budget for your business. Your financial information for the month is as follows: Labor: 1,000 - Loan payments: 4,000 - Utilities: 400 - Laptop: 1,400 Rent: 700 - Initial website design: 1,200 - Insurance: 150 What is your monthly operating budget, excluding start-up costs? A. 6,250 B. 7,450 C. 7,650 D. 8,850

Problemas

You need to create an operating budget for your business. Your financial information for the month is as follows:
Labor: 1,000
- Loan payments: 4,000
- Utilities: 400
- Laptop: 1,400
Rent: 700
- Initial website design: 1,200
- Insurance: 150
What is your monthly operating budget, excluding start-up costs?
A. 6,250
B. 7,450
C. 7,650
D. 8,850

You need to create an operating budget for your business. Your financial information for the month is as follows: Labor: 1,000 - Loan payments: 4,000 - Utilities: 400 - Laptop: 1,400 Rent: 700 - Initial website design: 1,200 - Insurance: 150 What is your monthly operating budget, excluding start-up costs? A. 6,250 B. 7,450 C. 7,650 D. 8,850

Solución

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Gabrielprofessionell · Tutor durante 6 años
expert verifiedVerificación de expertos
4.3 (195 votos)

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To create an operating budget for your business, you need to add up all the expenses that are part of your regular business operations. Start-up costs, such as the initial website design and laptop, are not included in the operating budget. Here are the expenses that are part of your monthly operating budget:<br /><br />- Labor: $1,000<br />- Loan payments: $4,000<br />- Utilities: $400<br />- Rent: $700<br />- Insurance: $150<br /><br />Now, let's add these expenses together to find the total monthly operating budget:<br /><br />$1,000 + $4,000 + $400 + $700 + $150 = $6,250<br /><br />Therefore, the correct answer is A. $6,250.
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