Assignment: Utilizing Cost Volume Profit Analysis
During week eight we will be focused on cost volume profit analysis. We will be looking at the ways that cost, volume, and profit interact. This can be critical for a business to understand. Failure to understand these items can lead to a business failing. Then locate a news article about a store or business that has shut down and provide a link to the article. Then provide a summary of the article in your own words and brainstorm why this business or store may have failed. Then answer the question "What are some aspects of cost volume profit that may have been at play that led to the closure of this business?" Be sure to integrate the concepts of cost volume profit that you are learning about this week into your post.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.