Question: how to do it in excel? You run a nail salon. Fixed monthly cost is $5,305.00 for rent and utilities, $6,479.00 is spent in salaries
how to do it in excel?
You run a nail salon. Fixed monthly cost is $5,305.00 for rent and utilities, $6,479.00 is spent in salaries and $1.646.00 in insurance. Also every customer requires approximately $4.00 in supplies. You charge $105.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,874.00, salaries to $6,645.00 and insurance to $2,348.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $151.00 per service. At what point will you be indifferent between your current location and the new location
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