Answer the following questions about the break-even analysis. 1. New City Day Care Center operates from Monday
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Answer the following questions about the break-even analysis.
1. New City Day Care Center operates from Monday to Friday. It has fixed expenses of $5,000 per week and charges each child who attends the program $15 per day. It costs the Center $5 per day for supplies and snacks for each child. How many children must come to the Center each day for it to break even?
2. If the Center gets a contribution of $1,000 per week, its break-even point (choose the correct answer)
a. Increases
b. Decreases
c. Stays the same
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Related Book For
Financial Management for Public, Health and Not-for-Profit Organizations
ISBN: 978-1506326849
5th edition
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
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