Question
Keon has discussed this business idea with Sheri, a dear friend of his. Sheri has been employed as a limo driver in the past but
Keon has discussed this business idea with Sheri, a dear friend of his. Sheri has been employed as a limo driver in the past but is currently working as a Lyft and DoorDash driver. In discussion with Keon, she grew excited and mentioned she would love to work with him. Since one of the current drivers is retiring, Keon believes he can hire her on a part-time basis for $20,000 a year. Based on current numbers (with no driver on salary), this would be a 8% reduction in operating cost for one limo. However, Keon wants more advice on hiring Sheri on salary versus paying her hourly. apls analysis, give recommendation with calculation
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