Answered: If you are being billed out to clients…

If you are being billed out to clients at an hourly rate of $90 per hour, what is your break even salary if you are working a 30 hour work week and 50 weeks per year at a 3.0 multiplier? Explain.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If you are being billed out to clients at an hourly rate of $90 per hour, what is your break even salary if you are working a 30 hour work week and 50 weeks per year at a 3.0 multiplier? Explain.

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