Amin Bailey is an accountant just ready to open an accounting firm in his hometown. He has heard that established accountants in town charge $65 per hour. That sounds good to Amin. In fact, he believes that he should be able to charge $75 an hour given his high GPA and the fact that he is up to date on current accounting issues.
Required:
Should Amin charge $75 per hour? What would you advise him to do?