The first tool I used to predict is called Sensitivity Analysis. Sensitivity Analysis involves [explain) The Breakeven point shows how much of a product needs to be sold before we can start making a profit. The lower the Breakeven point, the faster we start making a profit. Fixed expenses are incurred regardless of how many units are produced An example of a fixed expense would be give an example) Variable expenses increase as the amount of the product being made increases. An example of a variable expense would be give one). The Sale Price per unit is set by the manufacturer according to supply and demand. The three things that we can do to reach break even faster is [list the three changes you made on the spreadsheet]. An income statement shows [your answer). A balance sheet, on the other hand, shows [your answer] I believe that they call it a balance sheet because (look at the totals on Row 15) I Shimmer: The First Dessert Topping and Floor Wax in One Projection of Revenue and Expenses Tuesday, February 9, 2021 Total Expenses Total Revenue Gallons Fixed Expenses Variable Expenses 0 $ 2000$ 4000 $ 8000 3,000 $ 3,000 $ 3,000 $ 3,000 $ $ 2,000 $ 4,000 $ 8,000 $ 3,000 $ 5,000 $ 7,000 $ 11,000 $ Fixed Expenses Variable Expenses per Gallon Selling price per Customer $ $ s 3,000.00 1.00 5.00 The first tool I used to predict is called Sensitivity Analysis. Sensitivity Analysis involves [explain) The Breakeven point shows how much of a product needs to be sold before we can start making a profit. The lower the Breakeven point, the faster we start making a profit. Fixed expenses are incurred regardless of how many units are produced An example of a fixed expense would be give an example) Variable expenses increase as the amount of the product being made increases. An example of a variable expense would be give one). The Sale Price per unit is set by the manufacturer according to supply and demand. The three things that we can do to reach break even faster is [list the three changes you made on the spreadsheet]. An income statement shows [your answer). A balance sheet, on the other hand, shows [your answer] I believe that they call it a balance sheet because (look at the totals on Row 15) I Shimmer: The First Dessert Topping and Floor Wax in One Projection of Revenue and Expenses Tuesday, February 9, 2021 Total Expenses Total Revenue Gallons Fixed Expenses Variable Expenses 0 $ 2000$ 4000 $ 8000 3,000 $ 3,000 $ 3,000 $ 3,000 $ $ 2,000 $ 4,000 $ 8,000 $ 3,000 $ 5,000 $ 7,000 $ 11,000 $ Fixed Expenses Variable Expenses per Gallon Selling price per Customer $ $ s 3,000.00 1.00 5.00