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Business, 04.06.2020 19:11 nikkio4

Gunther Fritz and Tobias are partners in a car audio business and are seeking to start a business in new market. Customer demand and their combined experience shows that the new site will generate enough revenue to cover monthly expenses after three months. With a lease of \$4,000 per month a onetime licensing fee of \$1,000, material supply expenses of $15.000 per month and 10% contingency, how much money in startup capital do they need?

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