[legal] While planning for their next fiscal year, law fir…
While planning for their next fiscal year, law firm Connors, Crookes & DeSeavers is targeting a return on investment of 150%. They sell their legal services in hourly units. Fixed Rent $30k Fixed Salary Expenses $650k Investment $50k Hours Billed 400 hours Based on this chart, what is the appropriate price they should set per hour assuming their ROI projection is accurate? (Round to the nearest dollar.)