Lab6_Harrideo - DAY CARE CENTER Creator Date Last Modified...

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DAY CARE CENTER Creator Sabrina Harrideo Date 10/1/2010 Last Modified 10/2/2010 Purpose Presentation on Expenses and Income to Open a Day Care Center Contents Income Statement and Variables based on how many children, teachers and other e Scenario Summary - shows what income and expenses would be based on different Recommendation In order for Jane to reach her goal of a $75,000 net income, her best option would b or you can charge a higher fee per child per day to meet your goal as well so you do more teachers when you have more children. 9 children by $70 a day will give you o
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expenses t scenarios be to have a minimum of 15 children on't have an overhead expense for over $75,000 net income
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Day Care Wonders Income Statement Teacher:Student Ratio Students 1 Assumptions 7 Number of Children/Day 7 13 Average Days per Year 250 19 Teacher Cost / Year 26,000 Food/Child/Day 1.3 Supplies Child/Year 75 Annual Revenue Initial Values Tuition per Day 50 Expenses $79,213 Total Revenue $87,500.00 Net Income
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Lab6_Harrideo - DAY CARE CENTER Creator Date Last Modified...

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