QUESTION 1: Develop a marginal profit and loss statement for this business opportunity.Based on that analysis, should this opportunity be pursued?
QUESTION 2: After reviewing Dr. Ward’s Video and the calculations below, please answer the following questions:What is meant by benefit/cost ratio, average payback period and ROI and why are the all important to understand when purchasing new equipment?Based on this information, would you pursue this opportunity?Explain your decision in 250-500 words in the text box below.
QUESTION 3: Use break-even analysis to determine if this new service is financially viable. If the business is not financially viable, what steps could you take to make a case to proceed with implementation? Explain your decision. RESOURCE: DR. WARDs VIDEO:
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