Lab6 - Author John Perkins Date Created 27-Mar-11 Last...

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Author: John Perkins Date Created: 27-Mar-11 Last Modified: 27-Mar-11 Contents: Observations: Recommendations: Income Statement Worksheet - Provided by the customer Fee & Children Increase Worksheet - Shows 2 variables (fee/children increase) and highlights which options reach your goal of $75,000 per year of Net Income. Scenario Summary - Shows 2 variables (fee and children increase) and highlights which options reach your goal of $75,000 per year of Net Income. To meet your net income goal, changing only the fees and tuition rate, you need at least 9 kids with a daily tuition rate of $70. Using 4 alternating cost changes you can meet your goal with only 6 kids per day at $100 in tuition. (the high scenario) I believe your best option is to choose your focus and go from there. 1. Focus on the High scenario. The high cost for teachers can help you attract clients that are willing to pay more in daily tutition rates for the possibility of a better education.
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