Colleges and universities use break-even too! Although most colleges and universities are nonprofit, they must...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Colleges and universities use break-even too! Although most colleges and universities are nonprofit, they must still earn enough revenue to cover their costs. (Revenue - Costs = ZERO)
*Identify three examples of where break-even analysis might be used by a University (Students per class, Lunches per day, etc.). For each example, identify the revenue source, fixed costs, and variable costs. Lastly, conclude with how the move to online courses has influenced each of your three examples.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!