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(Solved): need help with part B and C Anthony is a computer-savyy millennial. He started his own business of ...
need help with part B and C
Anthony is a computer-savyy millennial. He started his own business of providing computer cleaning and minor repairs to people in the community for $32 per one hour session. Other than having to pay $150 per year for a software license that helps him identify the issues on each device, his only other out of-pocket cost is fuel to transport him to meetings with clients-about $7 per session. Anthony would like to make $3,150 so he can pay off his car loan and save for a much-needed trip. (a) Your answer is cofrect. How many cleaning/repair sessions does Anthony need to provide to reach his before tax profit noal this year?
Anthony's friend reminds him that he'll have to pay taxes on any income that he earns. If Anthony's tax rate is 30%, how many sessions will he need to provide if he still wants to earn after-tax profit of $3,150 ? Number of sessions sessions
Anthony is also thinking about paying for local online advertising to grow his business. A one-year ad will cost $450. (c1) How many additional sessions would he need to sell in order to just cover this cost on an before-tax basis? Number of sessions sessions (c2) In your opinion, would this advertising be worth it? The advertising cost worth it. eTextbook and Media