Frank Holm,Business Math Question. ok,its this simple:last week - TopicsExpress

Frank Holm,Business Math Question. ok,its this simple:last week your business brought in $200,000.You had a projected profit margin percentage of 30% and you made your goal.You have 120 employees(1 manager@$600 a week,2 asst managers@$500 a week,47 F/T employees$10 hr,and 70 P/T employees@$8 hr.(24hrs)This week,the federal min wage went up to $11 hr.labor cost have will increase by $6,760.What do you have to do to have another 30% profit?

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