Tutor, Inc. (TI) provides instructional services to its customers. TI charges $250 per student. The Company expects to serve 750 students during the coming year. All of the Company's expenses are fixed. Total annual fixed cost are projected to be $85,000. If the estimated number of students increase by 20%, net income will increase by: (Round your final answer to the nearest percent.)
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Home » Business » Tutor, Inc. (TI) provides instructional services to its customers. TI charges $250 per student. The Company expects to serve 750 students during the coming year. All of the Company's expenses are fixed.