Sensitivity analysis Refer to the narrative and data for Exercise 4.4 to complete this exercise. Required: 1.

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Sensitivity analysis Refer to the narrative and data for Exercise 4.4 to complete this exercise.

Required:
1. Prepare a sensitivity analysis of the event centre profitability for at least six drivers of revenue and cost. Be prepared to explain your choice of inputs to analyse.
2. Compute the financial elasticity of profit to each parameter. Explain the importance of the elasticity calculations to the city's managers.

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Advanced Management Accounting

ISBN: 9780273730187

1st Edition

Authors: Tom Groot, Frank Selto

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