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Reynold needs to earn at least $55,000 annually after costs and before taxes. He lives in South Carolina where there are on average 77 days each year of temperatures at or above 90ºF. If Reynold decides that he only wants to run his ice cream truck on days that are at or above 90ºF, is it possible for Reynold to earn enough money to cover what he needs to make annually after costs and before taxes? Justify your reasoning.

Respuesta :

Based on the information given, it can be noted that it'll not be possible for  Reynold to earn enough money to cover what he needs.

What is a tax?

A tax simply means a compulsory levy that's paid by the firms and individuals to the government.

Based on the information given, Reynold needs to earn at least $55,000 annually after costs and before taxes and he lives in South Carolina where there are on average 77 days each year of temperatures at or above 90ºF.

Therefore, since he has 77 days, the average amount per day that he will have to make after the taxes and other expenses have been deducted will be:

= $55000 / 77

= $714.30

This can be quite challenging based on the scenario given. Therefore, it won't be enough for Reynold to earn enough money to cover what he needs.

Learn more about taxes on:

https://brainly.com/question/9437038

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