General Contractor

Average Project Size: $$300,000$

Gross Margin: $15\%$

Owner's Equity: $$500,000$

Profit Goal: $25\%$ ROE

Annual OH: $$450,000$

$2.$ How many projects must the company complete to hit Profit Goal?

$17$

$15$

$13$

$12$

$16$

$14$

$11$