Profit Plan - Bottom Section Table 7.13

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    Jason Ma (Edited )

     

    Hourly Salary: $24.38
    Net Multiplier: 3.13

    Hourly Billing Rate = Hourly Salary × Net Multiplier Hourly Billing Rate = $24.38 × 3.13 = $76.31

    If rounded up to $85.00:
    Profit Increase = Rounded Hourly Billing Rate - Original Hourly Billing Rate Profit Increase
    = $85.00 - $76.31 = $8.69

    New Profit = Original Profit + Profit Increase New Profit
    = $15.36 + $8.69 = $24.05

    Profit Percentage = (New Profit / Total Revenue) * 100% Profit Percentage
    = ($24.05 / $85.00) * 100% ≈ 28.29%

     
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