Hi. i only need help with the second one. I'm not sure how to do it.

1. How many cakes Lady M would need to sell in order to break even? Does this number seem feasible? (Hint: You need to solve for x in the following equation: x - 310,600-38,644-594,750 - x*0.5 = 0).

2. Assuming sales in the first year are break even, how quickly would sales need to grow to pay the start-up cost (i.e., $1 million) within 5 years? Is this growth rate feasible?

To answer this question, do the following steps: (1) Enter your answer to Q1 in cell B11 in the "Break-even" sheet. (2) The next step is like a trial and error. Try entering different sales growth rates that range between 5% and 15% in cell E13 until you see the amount close to zero in cell F28.

(Answer question and use excel sheet attached)

YEAR ONE