Question: all steps please 3. IT IS SUMMERTIME - LET'S IMAGINE THAT YOU ARE THINKING ABOUT OPENING UP A FROZEN FRUIT SMOOTHIE SHOP. YOU HAVE FOUND

all steps please all steps please 3. IT IS SUMMERTIME - LET'S IMAGINE THAT YOU

3. IT IS SUMMERTIME - LET'S IMAGINE THAT YOU ARE THINKING ABOUT OPENING UP A FROZEN FRUIT SMOOTHIE SHOP. YOU HAVE FOUND THE PERFECT LOCATION IN DOWNTOWN ALBUQUERQUE. THE LEASE FOR THE SPACE, EQUIPMENT, SUPPLIES, AND OTHER FIXED COSTS TOTAL $50,000 FOR THE FIRST YEAR. LET'S FURTHER SUPPOSE YOU HAVE DONE A MARKET STUDY AND DETERMINED YOU CAN SELL YOUR SMOOTHIES FOR \$5.00 EACH. THERE IS A VARIABLE COST (LABOR, ETC) OF \$1.00 PER SMOOTHIE. HOW MANY SMOOTHIES DO YOU NEED TO SELL TO REACH YOUR BREAKEVEN POINT? SAY YOU PLAN ON OPERATING THE SMOOTHIE SHOP 7 DAYS A WEEK (365 DAYS A YEAR), HOW MANY SMOOTHIES DO YOU HAVE TO SELL A DAY TO BREAK EVEN? DOES THIS ANALYSIS INFLUENCE YOUR DECISION TO OPEN THE SMOOTHIE SHOP

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