Assume your center serves 60 preschoolers in four classes of 15 children each. Your operating expenses are $360,000.
a. How much will the annual tuition be? How much will the weekly tuition be?
b. Will you take into account bad debts and vacancy factor?
c. Assume that 10 families can pay only $1,000 a year ($20 a week) for their 10 children. How much tuition will every other family have to pay to make up the difference if you don't get scholarship funds from other sources?