You run a nail salon Fixed monthly cost is 5 419 00 for rent

Last updated: 3/1/2023

You run a nail salon Fixed monthly cost is 5 419 00 for rent and utilities 5 663 00 is spent in salaries and 1 495 00 in insurance Also every customer requires approximately 3 00 in supplies You charge 99 00 on average for each service You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to 10 180 00 salaries to 6 873 00 and insurance to 2 306 00 per month Cost of supplies will increase to 8 00 per service However you can now charge 155 00 per service What is the PROFIT or Loss at the crossover point If a loss include the Round the quantity to 3 digits when using to calculate the profit Submit