1.. The company would like to determine the number of customers it should book per day in order to break even. They would like to analyze this using a break-even analysis. On the Break-Even Analysis worksheet, enter the correct formula to calculate the Gross Revenue in cell D7.
2. Enter the correct formula to calculate the Total Fixed Costs in D13.
3. In cell D17 enter the correct formula to calculate the Total Variable Costs based upon the average number of guests per day and the days of operations per year.
4. Enter the correct formula to calculate the Net Income in D18.
5. Management thinks an average of 85 guests a day would be a realistic average. Use Goal Seek to find out what the price would need to be to come out exactly even with 85 guests per day and $0 in Net Income.
I Don't think I am entering in the formulas correctly especially for number 5. The formulas need to be correct for number 5 to work.
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