you have a handyman services business. you have the following financial information for the month:\n…

you have a handyman services business. you have the following financial information for the month:\n- initial cash balance: $1,500\n- projected revenue based on existing clients: $2,500\n- gas: $100\n- equipment maintenance fees: $300\n- truck payment: $400\n- payroll: $3,000\n- insurance: $120\n\nwhat is your projected ending cash balance for the month?

you have a handyman services business. you have the following financial information for the month:\n- initial cash balance: $1,500\n- projected revenue based on existing clients: $2,500\n- gas: $100\n- equipment maintenance fees: $300\n- truck payment: $400\n- payroll: $3,000\n- insurance: $120\n\nwhat is your projected ending cash balance for the month?

Answer

Explanation:

Step1: Calculate total expenses

$100 + 300+400 + 3000+120=3920$

Step2: Calculate ending cash balance

$1500 + 2500-3920 = 80$

Answer:

$80$