We need to know the profitability of a business model: - 3 x machines (beauty machines)...
Fantastic news! We've Found the answer you've been seeking!
Question:
![](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2023/02/63eafd520b7c5_1676344657480.jpg)
Transcribed Image Text:
We need to know the profitability of a business model: - 3 x machines (beauty machines) - Each machine produces a service within 60 minutes Each customer will have 2 x 60 minute services each week for 4 weeks per year (so 8 total) - Each week the business can accommodate 9 hours per day for 6 days per week of services - The service is $225 per week for each of the 4 weeks 1. What is the expected income each year? 2. How many clients will there be (i.e. one client does a total of 8 sessions per year) We need to know the profitability of a business model: - 3 x machines (beauty machines) - Each machine produces a service within 60 minutes Each customer will have 2 x 60 minute services each week for 4 weeks per year (so 8 total) - Each week the business can accommodate 9 hours per day for 6 days per week of services - The service is $225 per week for each of the 4 weeks 1. What is the expected income each year? 2. How many clients will there be (i.e. one client does a total of 8 sessions per year)
Expert Answer:
Answer rating: 100% (QA)
Ans The Expected income each Answer IJ 17 Total Beauty for Calculation IN gives M for fee 4 ... View the full answer
Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
Posted Date:
Students also viewed these finance questions
-
How does retailer forward-buying affect the profitability of a brand promotion?
-
To plan a liquid-liquid extraction we need to know the solute's distribution ratio between the two phases. One approach is to carry out the extraction on a solution containing a known amount of...
-
Why don't we need to know the population standard deviation when performing a test about a population proportion?
-
Lang Enterprises was started when it acquired $4,000 cash from creditors and $6,000 from owners. The company immediately purchased land that cost $9,000. Required a. Record the events under an...
-
The standard normal distribution equation, y = ab-x2, where a = 1/2 and b = e. is equivalent to the calculator's built-in function n(x, 0, 1). a. Use a table or graph to verify that these functions...
-
What resources including management expertise does my company have that make us unique? how has the company added value through its offerings in the past?
-
Yields of money market funds. Many people invest in money market funds. These are mutual funds that attempt to maintain a constant price of $1 per share while paying monthly interest. Table 10.3...
-
From the following, calculate the net cash flows from operating activities (use the indirectmethod): Accounts Receivable Prepaid Insurance Accounts Payable Salaries Payable For the year ended 2007:...
-
Consider the following annual closing prices of stock A, values of market index (S\&P 500) and Treasury
-
Sarah Miracle has her own chain of music stores, Miracle Music. Her stores sell musical instruments, sheet music, and other related items. Music lessons and instrument repair are also offered through...
-
Brief Case on Gonzales v. Oregon - ISSUE - ANSWER - FACTS - HOLDING - ARGUMENT - REASONING
-
1) Factor the following Expressions (Write your factors only, don't show your work) a) 2x - 32 = c) 3x-2x-8= b) 2x-6x-8=
-
Bloomfield Inc. manufactures widgets. A major piece of equipment used to make the widget is nearing the end of its useful life. The company is trying to decide whether they should lease new equipment...
-
1. a. What is network management? Illustrate network management functional flowchart. [2.5] b. What encoding and decoding mechanisms are used in fast Ethernet and gigabit Ethernet? What is meant by...
-
Project Data: Sam Parker owns and operates a consulting firm called Business Solutions. The business began operating in October 202X. Transactions for October and November 202X have been recorded and...
-
3. Use Hooke's law to predict which one out of each pair vibrates at a higher wavenumber. Explain your answer. (7 points) a) C-H and C-D* b) C-C and C=C where: 1 k v = 2, v=wavenumber c = velocity of...
-
Problem 10-1AC The controller of Sunland Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total January February March 320 460 April...
-
Coastal Refining Company operates a refinery with a distillation capacity of 12,000 barrels per day. As a new member of Coastal's management team, you have been given the task of developing a...
-
What is activity productivity analysis, and what are its limitations?
-
If an outside, perfectly competitive market exists for the intermediate product, what should the transfer price be? Why?
-
Renslen Products, Inc., manufactures potentiometers. (A potentiometer is a device that adjusts electrical resistance.) Currently, all parts necessary for the assembly of products are produced...
-
Accounting for loan assets at amortised cost LO12, 13, 14 Last Ltd is a manufacturing company that makes loans to other parties from time to time. The loan assets are classified by Last Ltd as...
-
Trading in shares LO9 Pedro Ltd is an investment company that trades in shares on the Australian Securities Exchange. Pedro Ltd measures the shares at fair value through the profit or loss. Pedro...
-
Forward to buy shares LO5 Wilshere Ltd enters a forward contract to buy its own ordinary shares after 12 months at a fixed forward price. Wilshere Ltd has a contractual obligation based on the...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App