A) Calculate the number of monthly members (monthly memberships) to Break Even. (show the total profit equation)
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Question:
A) | Calculate the number of monthly members (monthly memberships) to Break Even. |
(show the total profit equation) | |
Profit Equation: | |
Break Even monthly memberships: | |
B) | How many monthly members are needed to earn an annual Target Profit of $80,000? |
Monthly memberships needed: | |
C) | What is the margin of safety in monthly members and monthly sales revenue? |
Margin of safety: |
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Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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