Case-Based Critical Thinking Questions
Case 10-1You are planning to open a new restaurant and need to determine how many dinners need to be sold to stay above the break-even point. You will investigate Cost Volume Profit (CVP), also known as break-even analysis.
When creating a one-variable Data Table, which of the following should you NOT do?
A. Enter a formula that references the input cell in the upper-left cell of the table.
B. Enter input values in either the second row or the first column.
C. Enter input values in either the first row or the first column.
D. Select the table excluding any row or column headings.
Answer: B
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