Question: This question was answered, but I do not understand the steps used to arrive at the answer. May I please get more details on how

This question was answered, but I do not understand the steps used to arrive at the answer. May I please get more details on how to calculate profitability based on the net return on assets ratio for a start-up company? The problem continues by asking whether the company is profitable or not. The next part requires more details on exactly how to compute break-even quantity (BEQ) and break-even dollars (BE$). I need to show formulas, either on a spreadsheet, Word with formulas, or handwritten and scanned in). What recommendations do you suggest for the business? I am so confused...please help!

The entire question is as follows:

Using either current numbers (your business is up and running) or goals for a start-up (your business is not yet in operation), calculate your profitability based on the net return on assets ratio. How profitable are you (or not)? What does your profitability result tell you about your business?

Next, calculate your break-even quantity (BEQ) and break-even dollars (BE$). How do the results of each align to your goals and strategy? Ensure you show your work in some mathematical format (spreadsheet with formulas, Word with formulas, or handwritten and scanned in). What recommendations do you have for your business?

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