Breaksit is a consulting firm providing financial consulting services to its clients. The following information is given relating to its operations: Consultancy fees per client $95 Variable expenses per client $42 Fixed overheads $318,000 The company targets a net income of at least $190,800 for the forthcoming year. REQUIRED: Calculate the number of clients Breaksit must service to generate the target income.
Breaksit is a consulting firm providing financial consulting services to its clients. The following information is given relating to its operations: Consultancy fees per client $95 Variable expenses per client $42 Fixed overheads $318,000 The company targets a net income of at least $190,800 for the forthcoming year. REQUIRED: Calculate the number of clients Breaksit must service to generate the target income.
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter3: Taxes On The Financial Statements
Section: Chapter Questions
Problem 3BD
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Breaksit is a consulting firm providing financial consulting services to its clients. The following information is given relating to its operations:
Consultancy fees per client $95
Variable expenses per client $42
Fixed overheads $318,000
The company targets a net income of at least $190,800 for the forthcoming year.
REQUIRED: Calculate the number of clients Breaksit must service to generate the target income.
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