Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer this correctly please?! thanks i dont know if its correct Question no. 2 How many additional visits per day would be required to

please answer this correctly please?! thanks i dont know if its correct

image text in transcribed

Question no. 2 How many additional visits per day would be required to breakeven without the new marketing plan? Breakeven Analysis P&L Approach: Total revenues - Total VC FC = Profit ($40.66 xV) ($7.30 xV) $578,460 $0 $33.36 x V = $578,460 V = $ 578,460/$33.36 V = 17,339,92806 visits/year 17,339.92806 365 days V = 47.5068 visits/day or48 visits/day 48 - 45 = 3 visits/day 3 additional visits per day required breakeven

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Finance

Authors: Keith Pilbeam

5th Edition

1350347094, 978-1350347090

More Books

Students also viewed these Finance questions

Question

Explain the importance of nonverbal messages.

Answered: 1 week ago

Question

Describe the advantages of effective listening.

Answered: 1 week ago

Question

Prepare an employment application.

Answered: 1 week ago