Q1 Some recent college graduates are considering starting a new Yumiforyurtumi Frozen Yogurt Shop in a small suburb. They estimate the average customer will order an 8 ounce cone (or its equivalent in a cup) and be willing to pay $4.00 per cone. Its cost to them will be $.80 wholesale. They also estimate the fixed cost of the shop will be $190,320 per year. Finally, they estimate the shop will sell 52,128 cones per year. Use this information to answer the questions below. Follow the Inputs/Outputs/Calculations structure.

A Assume they stick with their all their original estimates of 52,128 cones at $4.00 for Year 1. Assume they estimate volume growth at 10% per year. What would be their profit at the end of Year 5, keeping all other variables the same. Answer

B Assume they stick with their all their original estimates of 52,128 cones at $4.00 for Year 1. Assume they estimate volume growth at 10% per year. By the end of what year would they breakeven? Answer

C Assume they stick with their all their original estimates of 52,128 cones at $4.00 for Year 1. How fast would they have to grow to breakeven by the end of Year 2? Answer