How many cakes would Lady M need to sell in a year to break even? Does the number you arrived at seem feasible?

Assuming sales in year one are break-even, how quickly would sales need to grow after the first year to pay the start-up costs within five years? Is this growth rate feasible?

What is your recommendation? Should Romaniszyn open a new location in the World Trade Center?

What is Lady Ms enterprise value? Does it matter if one uses an EBITDA multiple or a perpetuity growth formula for a terminal value? How much of an equity stake should they give up to the Chinese investors?