do all 3 parts of question 7

Assignment 3.1: Profitability of a Small Business continued) 7. Dennis is starting a business selling the paintings of local artists. The artists will work in his basement, and Dennis will provide the paint and supplies required at a cost of $12.50 for each painting. He bought easels for $290 and spent $75 on advertising through a website. He has agreed to pay the artists $120 for each painting a) If Dennis plans to sell 13 paintings, how much does he need to charge per painting to break even? (3 marks) b) What will Dennis's profit be if he can sell the paintings for $200 each? (2 marks) c) List two options Dennis can consider that would improve the profitability of his business. State which of the two options you prefer, and explain why. (3 marks) Module 3: Business Finance 35