Two people decide to open a business reconditioning toner cartridges for copy machines. They rent a building for $7000 per year and estimate that building maintenance, taxes, and insurance will cost $6500 per year. Each person wants to make $12 per hour in the first year and will work 10 hours per day for 260 days of the year. Assume that it costs $28 to restore a cartridge and that the restored cartridge can be sold for $45. Suppopse the entrepreneurs are successful in their business and are restoring and selling 25 cartridges each day of the 260 days they are open. What will be their ho

Question

Two people decide to open a business reconditioning toner cartridges for copy machines.  They rent a building for $7000 per year and estimate that building maintenance, taxes, and insurance will cost $6500 per year.  Each person wants to make $12 per hour in the first year and will work 10 hours per day for 260 days of the year.  Assume that it costs $28 to restore a cartridge and that the restored cartridge can be sold for $45.  Suppopse the entrepreneurs are successful in their business and are restoring and selling 25 cartridges each day of the 260 days they are open.  What will be their ho

saifoo.khan · Answer

is this question complete?