Question: Suppose Tom and Lynda are considering offering a class on yoga. They have sought your help in evaluating the profit impact of this decision. Required:

Suppose Tom and Lynda are considering offering a class on yoga. They have sought your help in evaluating the profit impact of this decision.


Required:

List five items that Tom and Lynda should consider in this decision. Characterize each item as to whether it is a cost or benefit, financial or nonfinancial in nature, and if it is measured objectively or subjectively. Describe how Tom and Lynda might compute the magnitude (e.g., $ spent) of each item.


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