In its first year joersquos start-up companyrsquos first


In its first year, Joe’s Start-Up Company’s first year projections indicate revenues of $125,000 and Cost of Goods Sold (CGS) of $81,250, which will be the ONLY variable cost. Depreciation will be $20,000, and cash interest on seed stage loans will be $10,000. Admin expenses of $50,000, and $45,000 in marketing expenses (both of which were FIXED), are anticipated. What is Joe’s Year #1 Survival (EBDAT) Breakeven Point in Dollars?

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Financial Management: In its first year joersquos start-up companyrsquos first
Reference No:- TGS02237953

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