Hello,
Can you please clarify how you came up with the breakeven number?
Thanks
Hello,
Can you please clarify how you came up with the breakeven number?
Thanks
Hello!
Precisely for the high amount of questions (1) asked by my coachees and students and (2) present in this Q&A, I created the “Economic and Financial concepts for MBB interviews”, recently published in PrepLounge’s shop (https://www.preplounge.com/en/shop/prep-guide/economic_and_financial_concepts_for_mbb_interviews).
After +5 years of candidate coaching and university teaching, and after having seen hundreds of cases, I realized that the economic-related knowledge needed to master case interviews is not much, and not complex. However, you need to know where to focus! Hence, I created the guide that I wish I could have had, summarizing the most important economic and financial concepts needed to solve consulting cases, combining key concepts theorical reviews and a hands-on methodology with examples and ad-hoc practice cases.
It focuses on 4 core topics, divided in chapters (each of them ranked in scale of importance, to help you maximize your time in short preparations):
Feel free to PM me for disccount codes for the guide, and I hope it helps you rock your interviews!
Hi,
breakeven (sales) = Sales it takes to make Profit = 0 (all cost included)
therefore
(Unit Price - Unit Variable cost) X (Breakeven Quantity) = Other (fixed) costs
Therefore
Breakeven quantity = Other fixed costs / (Unit price - unit variable cost)
hope it helps.
Paul
Tom Ford is well-known for male fashion; therefore, the number should be low.