Costa is an accountant. During tax season, he charges $125 to do a simple tax return. His expenses for buying software, renting an office, and purchasing advertising are $6,000. How many tax returns must he do if he wants to make a profit of at least $8,000?

listgrein6u 2022-09-17 Answered
Costa is an accountant. During tax season, he charges $125 to do a simple tax return. His expenses for buying software, renting an office, and purchasing advertising are $6,000. How many tax returns must he do if he wants to make a profit of at least $8,000?
You can still ask an expert for help

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

Solve your problem for the price of one coffee

  • Available 24/7
  • Math expert for every subject
  • Pay only if we can solve it
Ask Question

Answers (1)

Giancarlo Callahan
Answered 2022-09-18 Author has 12 answers
Let cost do x return. Then
Earning of Costa $125
Express of Costa on software office rent adversting
=$6000
Since minimum profit = $8000
Hence
125 x 6000 = 8000 125 x = 14000 x = 112
Costa must do at least 112 tax return to entire a profit of at least $8000

We have step-by-step solutions for your answer!

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more