Question
During this course, you will learn about two key concepts; the break-even analysis and expenses. For your research paper, you will be responsible to help
During this course, you will learn about two key concepts; the break-even analysis and expenses. For your research paper, you will be responsible to help a start-up company determine their costs and the break-even point. Below is more information on the company.
AYC Shoes just started to develop their own line of custom sneakers. The company has asked you, as a consultant, to prepare a financial plan that includes the following:
1. Variable and fixed expenses for the shoe manufacturing (you can find this information by researching other shoe companies, such as Nike, Adidas, Puma, etc.)
2. Based on the expenses that the organization will have, determine the price that they should sell the shoes for.
3. After deciding on the pricing scale and using the expenses you determined in Question #1, determine the break-even point for the organization.
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