Question
you run a nail salon. fixed monthly cost is $5,653.00 for rent and utilities, $6,098.00 is spent in salaries and $1,629.00 in insurance. also every
you run a nail salon. fixed monthly cost is $5,653.00 for rent and utilities, $6,098.00 is spent in salaries and $1,629.00 in insurance. also every customer requires approximately $2.00 in supplies. you charge $103.00 on average for each service.
you are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,686.00, salaries to $6,545.00 and insurance to $2,329.00 per month. cost of supplies will increase to $7.00 per service. however you can now charge $165.00 per service. what is the profit or loss at the crossover point? if a loss include the -.
round the quantity to 3 digits when using to calculate the profit
submit answer format: number: round to: 2 decimal places.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started