Compute the annual breakeven number of meals and sales revenue for the restaurant.
Describe the types of teams used in your career field, characteristics of effective teams, any barriers to teamwork or suggestions to improve teamwork, plus teamwork skills and communication skills needed to be successful in your career field.
August 5, 2017What laws govern arbitration in the U.S.? In Russia?
August 5, 2017Assignment 2: DiscussionCVP Analysis
Review Decision Case 1 (Steve and Linda Hom) starting on page 984 of your text. In your initial post, answer the two case questions:
Compute the annual breakeven number of meals and sales revenue for the restaurant.
Compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year.
In addition, address the following in one to two paragraphs:
Identify and discuss several qualitative factors that should be considered in the decision process in addition to the quantitative data already computed in the case assignment.
What are the potential benefits of applying CVP analysis to business decision making?
Provide an example of another business scenario that could benefit from CVP analysis and explain how you would apply CVP analysis in the decision-making process.
