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You are investigating possible hidden income in a divorce dispute involving an automobile repair shop with ve bays. There are ve mechanics, charging approximately $60
You are investigating possible hidden income in a divorce dispute involving an automobile repair shop with ve bays. There are ve mechanics, charging approximately $60 per hour for 7 hours per day. Assume 315 days worked with each persons wage of $30 per hour for 8 hours. Compute gross prot per year. If the owner reports $42,500 of gross income, what is your opinion? Show your calculations first below followed by your opinion below.
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