monthly costs 17,265
break even is ( .70 ) 24,664
monthly sales 30,651
What other useful information can i get from this numbers?
how do i find the best price to sell to improve profit?
2006-12-29 23:49:52 · 1 answers · asked by nomno13 2 in Business & Finance ➔ Other - Business & Finance
You cannot calucate ROE with this data. ROE is Net Profit divided by the average Owners' Equity. You do not have any data for Owners' Equity.
One cannot deduce the best price to sell to improve the profit because we do not know the estimated price elasticity of the goods. Assuming no other variables, if the price elasticity of the goods is greater than 1, then the price should be decreased. If the price elasticity is less than one, then the price should be increased. If the price elasticity is 1, then the price should stay the same.
The only other information you can get from this is your profit margin (30%) and your annual figures.
2007-01-02 12:15:12 · answer #1 · answered by csanda 6 · 0⤊ 0⤋