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Just For Me Investors is opening an office in Orlando, Florida. Fixed monthly expenses are office rent ($2,200), depreciation on office furniture ($320), utilities ($260),

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Just For Me Investors is opening an office in Orlando, Florida. Fixed monthly expenses are office rent ($2,200), depreciation on office furniture ($320), utilities ($260), special telephone lines ($680), a subscription to an online brokerage service ($710), and the salary of a financial planner ($2,830). Variable expenses include payments to the financial planner (12% of revenue), advertising (4% of revenue), supplies and postage (3% of revenue), and usage fees for the telephone lines and computerized brokerage service (11% of revenue). Read the requirements. Requirement 1. Compute the investment firm's breakeven revenue in dollars. If the average trade leads to $500 in revenue for Just For Me, how many trades must it make to breakeven? First identify the formula to calculate the breakeven point in dollars. Breakeven sales

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