Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company's break-even point (or ratio) is a widely used measure to evaluate sales forecasts, profit, etc. After reviewing the learning materials for the chapter,
A company's break-even point (or ratio) is a widely used measure to evaluate sales forecasts, profit, etc. After reviewing the learning materials for the chapter, discuss the following:
Colleges and universities use break-even too! Although most colleges and universities are nonprofit, they must still earn enough revenue to cover their costs. (Revenue - Costs = ZERO)
Identify three examples of where break-even analysis might be used by West Hills College Coalinga. (Students per class, Lunches per day, etc.). For each example, identify the revenue source, fixed costs, and variable costs. Lastly, conclude with how the move to online courses has influenced each of your three examples. Make sure your post is clean, professional, and easy to follow! (You're welcome to use the table feature if that helps!)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started