Question: Below is the question and article. I do not know how to determine if they broke even or not. Assess the breakeven point. Considering only
Below is the question and article. I do not know how to determine if they broke even or not.
Assess the breakeven point. Considering only the $855 startup costs, the first week of sales (obtainable from the data), and assuming a 30% profit margin on sales, did the caf "break-even" when it decided to hire previous employees in order to open one week earlier (five business days) in the semester? Show your calculations and assumptions.
https://jise.org/Volume27/n2/JISEv27n2p93.html
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