A Young Chef Is Considering Opening His Own Sushi Bar

question 48

Multiple Choice

A young chef is considering opening his own sushi bar.To do so, he would have to quit his current job, which pays $20, 000 a year, and take over a store building he owns and currently rents for $6, 000 a year.His expenses at the sushi bar would be $50, 000 for food and $2, 000 for gas and electricity.What is the minimum revenue he must earn per year in order for it to be worth his while to open his sushi bar?

• A)$26, 000
• B)$66, 000
• C)$78, 000
• D)$52, 000
• E)$72, 000

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