Instruction
Scenario: Your team has been hired to provide financial analysis for a start-up company, Bobble in Style, which produces customized bobble heads. The bobble heads are made out of less rigid materials and are more true to life than those of competitors. The company inventors, Mr. and Mrs. Lee, are going to pitch their idea to Shark Tank in a few months, but first they need to have a better understanding of the business financials. The Lee’s are already creating and selling their product from their home-based office and work area. They know what costs are involved with making the bobble heads on a small scale, but they don’t have an understanding of financial figures beyond basic costs. They need you to make sense of various financial figures for them.
There are several financial analysis tasks involved with this project.
I need the following:
Tab #2 Ratios
and
Tab #7 Break-Even Analysis
Completed on the Excel Spreadsheet provided. Please use the information on the spreadsheet to help you. (The other tabs information)
If you could write a simple paragraph explaining each.