Requirements 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? 2. Compute dollar revenues needed to earn monthly operating income of $3,500. 3. Graph Just For Me's CVP relationships. Assume that an average trade leads to $500 in revenue for the firm. Show the breakeven point, sales revenue line, fixed expense line, total expense line, operating loss area, operating income area, and sales in units (trades) and dollars when monthly operating income of $3,500 is earned. The graph should range from 0 to 40 units (trades). 4. Assume that the average revenue that Just For Me Investors earns decreases to $400 per trade. How does this affect the breakeven point in number of trades? Just For Me Investors is opening an office in Newark, New Jersey. Fixed monthly expenses are office rent (\$2.800), deprociation on office fumiture (\$310). ulities (\$250) spocial telephone Ines ($670), a subscription to an online brokerage service (\$700), and the salary of a financial planner ($2,270). Variable expenses include payments fo the financial plarner ( (0%5 of revenve), advertising (5\% of revenue), supplies and postage (2\% of revenue), and usage fees for the telephone fines and compulerized brokerage sorvice (13\% of rovenue). Read the Requirement 1. Compute the investment firm's breakeven revenue in dollars. It the average trade leads to 5500 in revenue for Just for Me, how many trades muat it make to brakeven? First idonsif the formula to calculate the breakeven point in dollars. Requirements 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? 2. Compute dollar revenues needed to earn monthly operating income of $3,500. 3. Graph Just For Me's CVP relationships. Assume that an average trade leads to $500 in revenue for the firm. Show the breakeven point, sales revenue line, fixed expense line, total expense line, operating loss area, operating income area, and sales in units (trades) and dollars when monthly operating income of $3,500 is earned. The graph should range from 0 to 40 units (trades). 4. Assume that the average revenue that Just For Me Investors earns decreases to $400 per trade. How does this affect the breakeven point in number of trades? Just For Me Investors is opening an office in Newark, New Jersey. Fixed monthly expenses are office rent (\$2.800), deprociation on office fumiture (\$310). ulities (\$250) spocial telephone Ines ($670), a subscription to an online brokerage service (\$700), and the salary of a financial planner ($2,270). Variable expenses include payments fo the financial plarner ( (0%5 of revenve), advertising (5\% of revenue), supplies and postage (2\% of revenue), and usage fees for the telephone fines and compulerized brokerage sorvice (13\% of rovenue). Read the Requirement 1. Compute the investment firm's breakeven revenue in dollars. It the average trade leads to 5500 in revenue for Just for Me, how many trades muat it make to brakeven? First idonsif the formula to calculate the breakeven point in dollars
