by Dan | Aug 24, 2022 | Analysis
Construct a balance sheet for your business as it might look on the day before you start trading. This should be done now. List and explain the assumptions underpinning your financial forecasts. Construct a balance sheet at the end of years 1, 2 and 3 assuming...
by Dan | Oct 24, 2020 | Main
1/ A company’s fixed operating costs are $630,000, its variable costs are $2.60 per unit, and the product’s sales price is $4.25. What is the company’s break-even point; that is, at what unit sales volume will its income equal its costs? Round your...
by Dan | Oct 12, 2018 | Main
When expenses and revenues are equal, this is known as the “break-even point” or BEP. To determine break-even, an examination of fixed and variable costs (expenses) in relationship to revenues is necessary. Understanding where the BEP is for a given product or service...
