Close Icon
Info
Warning
Danger
 / 
 / 
 / 
Question Liberty Tax one of the fastest growing franchises in America.

Question : Question Liberty Tax one of the fastest growing franchises in America. : 1030654

Question

Liberty Tax is one of the fastest growing franchises in America. A Liberty Tax franchise costs about $40,000. The owner at the Wheaton Mall franchise was charged $50,000 for rent annually and $110,000 for marketing and employees expenses each year. Liberty Tax charges its clients about $250 per tax return. How many returns does this Liberty Tax office need to have to break even? Would you invest in this business? Explain your answer.

Solution
5 (1 Ratings )

Solved
Finance 10 Months Ago 50 Views
This Question has Been Answered!

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!

Ask an Expert

Our Experts can answer your tough homework and study questions
275782 Finance Questions Answered!
Post a Question