In the calculation of the break-even point in question 4.4, step 2:
(Break-even Point (in years) = One Time Costs – Annual Profit = €495,900,000 – 102,307,500 ≈ 4.85 years)
It seems as if the annual profit should be substracted from the one time costs, but logically, it should be divided by each other instead.
Hi there,
I see that Benjamin from PrepLounge has already corrected the wrong arithmetic symbol.
If you would like a more detailed discussion on how to best prepare for your upcoming applications, pre-interview assessments and/or interviews, please don't hesitate to contact me directly.
Best,
Hagen
Yes, that is correct.
Hi there,
thanks for the hint! You're absolutely right – it's a division here as well. It was just the wrong symbol, which has now been corrected.
Really appreciate your feedback!
Best regards,
Benjamin (PrepLounge)
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