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.

Kristi, a pharmacist, is planning on opening her own pharmacy. Kristi Pharmacy is expected to generate yearly revenue of $500,000. Kristi is planning to run the pharmacy herself on full-time basis. Kristi’s alternative employment options are as follows: - Continue to work as a senior medical representative for $50,000 per year. - Accepts a research position in another company for $70,000 per year. Kristi expects to spend $350,000 per year on purchasing drugs and cosmetics for resale to her customers. She will also need to hire three employees: an assistant, an accountant and a custodian, for whom the total salaries to be paid are expected to be $48,000 per year. Kristi owns the building in which her pharmacy is supposed to be; however, she could rent out the pharmacy-store space for $42,000 per year. Calculate Kristi’s accounting profit and economic profit. In your opinion, should Kristi proceed with opening her own pharmacy? Justify your answer.

Compare different pay scales. Decide if it is better to receive $500 a week or to be paid hourly at a rate of $12.50 per hour or to get 20% of whatever you sell? What factors could affect your decision? Explain. *

Carole works 35 hours a week at a wage rate of $20. Thus, her total weekly income is $700 On this income, she pays total taxes of $49.00 However, she calculates that on the last hour that she works, she pays $4.00 Carole's average tax rate is% (Round your response to two decimal places) Carole's marginal tax rate is% (Round your response to two decimal places) D