Solved Your plan projects revenue of $5,000, $8,000, and …

Question:

Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of years 1 through 3. If your only funding need is the gap between revenue and expenses, which is the best estimate of your maximum cumulative funding need?

A. $0

B. $1,000

C. $4,000

D. $50,000

Answer:

C. $4,000