Required:\ To run this business, you'd have to leave your day job, where you earn

$4,(000)/()

month.\ Assess whether this mowing business will be profitable if you mow 200 lawns per month.\ Show a visualization of the change in monthly margin based on a range of labor costs per lawn.\ Data: Lab 1.1 Data.xlsx\ Specify the Question: What is the profit on each lawn if the mowing business mows 200 lawns per month? What is the business's total profit per month?\ Obtain the Data: Open Lab 1.1 Data.xlsx and browse its contents. The data will come from the various assumptions given.\ Analyze the Data: Refer to lab 1.1 in your text for additional instructions and steps.\ Lab 1.1 Excel: Assessment Questions\ Answer the following questions based on the details computed.\ Note: Round the margin and cost per lawn to 2 decimal places.\ \\\\table[[Question],[1. What is the total monthly margin for scenario 1?],[2. In scenario 1, what is the expected number of lawns that will be mowed each week?],[3. What is the total margin per lawn for scenario 1?],[4. What is the total monthly margin for scenario 2?],[5. In scenario 1, what is the cost of the monthly truck payment per lawn?]]

Required: To run this business, you'd have to leave your day job, where you earn $4,000/ month. 1. Assess whether this mowing business will be profitable if you mow 200 lawns per month. 2. Show a visualization of the change in monthly margin based on a range of labor costs per lawn. Data: Lab 1.1 Data.xIsx Specify the Question: What is the profit on each lawn if the mowing business mows 200 lawns per month? What is the business's total profit per month? Obtain the Data: Open Lab 1.1 Data.xIsx and browse its contents. The data will come from the various assumptions given. Analyze the Data: Refer to lab 1.1 in your text for additional instructions and steps. Lab 1.1 Excel: Assessment Questions Answer the following questions based on the details computed. Note: Round the margin and cost per lawn to 2 decimal places