The Annie Smith Dance Center 2
In the uploaded exel file there is a financial analysis of the Annie Smith Dance Center. I have analyzed the annual activity of this center and would like to show the results.
With the number of concerts that the center has today we have:
Profit = Revenues – Total Costs = 1 627 500-(765 000+253 000 +515 000) = - 94 500$
It means that the center incurs losses.
I have computed the break even point of number of performances for each type of dance. The results are on lists 2-5 in the exel file. I would like to say some words about the shortcomings of multi-product analysis. According to the Business Owner's Toolkit (2013), the main shortcoming is that ...