As a young entrepreneur, Jon has a goal to earn enough money to start his own business.
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As a young entrepreneur, Jon has a goal to earn enough money to start his own business. His goal is to earn $1,500 of profit each summer until he graduates from high school. After some practice, he has developed some skill in mowing lawns. He purchased his lawn mower, weed eater and a broom for a total of $400. With gas and expendables, his variable cost per lawn is $15. After doing market research, he intends to charge $40 per lawn.
How many lawns would he have to mow in order to make is goal of $1,500?
Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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