Question
Leon is opening their hair salon and is working on some projections for their sales and expenses. They have determined that they can do 200
Leon is opening their hair salon and is working on some projections for their sales and expenses. They have determined that they can do 200 haircuts per month at a charge to each customer of $24. Their variable expenses per cut are $4, and they have fixed costs including rent and insurance of $915 per month. Calculate Leon's operating income based on the information provided.
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