Purpose of this assignment To develop an understanding costs, revenue and profits and its importance for an organisation. The learner will be able to calculate cost revenue and profits with given data present the breakeven point graphically. Also the learner will develop understanding of cash flows and its importance to organisations. Assignment Description This Assignment covers the Learning outcomes LO1, LO2, and LO3. Preparation guidelines . . . The report should be grammatically correct and word processed. The written report must be presented in a professional manner, front page, contents page, page numbering and bibliography. Use the Font as Times New Roman 12 and 14 (Headings) and 1.5 line spacing. Identify any references and Use the Harvard referencing system. Complete the Learner Submission declaration form and sign the statement of authenticity. You will pass the assignment only if you achieve all Pass criteria. Student must provide evidence that learning outcomes of the subject have been met. Assignment will be checked for Plagiarism. Appropriate Actions may be taken as per Explore / BTEC Plagiarism Policy. Good practice Make backup of your work in different media (hard disk, memory stick etc) to avoid distress for loss or damage of your original copy. Make an extra hardcopy of your work submitted for your own reference or later use. Scenario A Your friend has a burger stand and is running from last 6 months. He has provided you information about all the costs incurred, revenues earned,etc. He needs your help to know about the current position of his business. He has hired you as a part time employee to make a report for him. Following is the data provided by him- AED 1000 stand rental per month AED 2 cost and labour to make the burger 31