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1. After determining what your net profit is for the year, increase revenue for half of the year by 20% and raise expenses in each
1. After determining what your net profit is for the year, increase revenue for half of the year by 20% and raise expenses in each category by 5%.
2. Increase cost of goods by 25% and analyze how this affects your net profit. Please note that you will not have cost of goods sold if you are not selling inventory.
3. Write a one page summary of your projected revenue and expense increase based on your analysis. How does this affect your staff, productivity, or salaries?
4. Assume that next year your insured clients will pay 1/2 of what they did for your product/service during the first year of your company's business. How will this affect your bottom line?
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