Im sure someone will be able to help me here. Im trying to do a break even point for a made up company
Im saying our business will do £150,000 sales in the first year. Total expenses come to £99,496
What is the sum to find out the amount of months the break even point will be? I know its somewhere around 8 months, but not sure what sum to do.
thanks (im poor at maths) (and i got in at 7.10 this morning from a big night)
Im saying our business will do £150,000 sales in the first year. Total expenses come to £99,496
What is the sum to find out the amount of months the break even point will be? I know its somewhere around 8 months, but not sure what sum to do.
thanks (im poor at maths) (and i got in at 7.10 this morning from a big night)