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You run a nail salon. Fixed monthly cost is $5,350.00 for rent and utilities, $5,937.00 is spent in salaries and $1,050,00 in insurance. Also every
You run a nail salon. Fixed monthly cost is $5,350.00 for rent and utilities, $5,937.00 is spent in salaries and $1,050,00 in insurance. Also every customer requires approximately $5.00 in supplies. You charge $87.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,322.00, salaries to $6,986.00 and insurance to $2,122,00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $162.00 per service. At what point will you be indifforent botwoon your current location and the new location? Answor format: Number: Round to: 2 decimal places
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