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You plan to start a grass-cutting service. You have identified the following costs: Two...

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Accounting

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You plan to start a grass-cutting service. You have identified the following costs: Two lawn mowers: $775 each Rakes and other tools: $270 Gasoline to power the mower: $3 per job Advertising: $2000 per month Labour: $15 per job Liability insurance premium: $1500 Truck lease: $199 per month + $2500 down payment On average, you will charge $27.50 per job How many lawns (jobs) to break-even in a 7-month season? Calculate the break-even revenue To have a net income of $4000, how many jobs are required? What is the net income or loss if 752 jobs are completed? What other costs / factors should be considered

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