Janice is considering leaving her current position to open a coffee shop. Janice's current salary is $56,000. Annual coffee shop revenue and costs are estimated at $250,000 and $210,000, respectively.
Is the outlay cost associated with the decision to open the coffee shop.
A) $460,000
B) $40,000
C) $210,000
D) $56,000

Question

Quizplus · Accepted Answer

The outlay cost refers to the actual expenses incurred, which in this case are the estimated costs of running the coffee shop, $210,000.

Janice Is Considering Leaving Her Current Position to Open a Coffee