Trina expects to see the 2022 numbers before completing the deal and says the gas station expects to tally up annual revenues of $400,000. The expenses, with the business owners working full-time, are ballparked at 42% of revenues. In 2021, the revenues totaled $425,400 and expenses were $179,100. For 2023, Hal and Trina have discussed possibly hiring a part-time employee which would allow Simi and Hal to work fewer hours. However, this would push expenses up to about 54% of revenues. Simi is wondering if she should urge her aunt to hire the part-time help, as it would allow her to continue her painting business.
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G9.
Trina expects to see the 2022 numbers before completing the deal and says the gas station expects to tally up annual revenues of $400,000. The expenses, with the business owners working full-time, are ballparked at 42% of revenues. In 2021, the revenues totaled $425,400 and expenses were $179,100. For 2023, Hal and Trina have discussed possibly hiring a part-time employee which would allow Simi and Hal to work fewer hours. However, this would push expenses up to about 54% of revenues. Simi is wondering if she should urge her aunt to hire the part-time help, as it would allow her to continue her painting business.
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