Hello, thanks for this interesting case..
I have few questions regarding analysis question.. Isn't it supposed to be basic breakeven analysis? why did we divided 48k/12k students? and not making a core equation of: Profits = Intl. + Local Profits?
It would be something like:
48M = (12k*price*50%(PM)) + (18k*9250*PM) PM on the second one, was not mentioned and I assumed it to be the 50%?
Thanks
Hello, thanks for your answer truly appreciated! So let me clear it out. On the 5th Questions, on step 2.. I am wondering why we divided the 48M in Profit by the 12K International Students? What was the idea of that? Shouldn't we basically make a simple breakeven analysis with a core equation of: (Profitability = International Students Profits + British Students Profits) Thanks and I hope it is clear!
Hey! Looks like we already have an answer above :) Thanks for breaking down the question more clearly!