Financial Analysis

Financial Analysis

Problem 13-Part A

Let x be the number of students enrolled in the seminar.

Let y be the total cost for the seminar.

Let z be the number of computers to be used in the seminar.

Therefore, the total cost model for the seminar would be as follows:

Y=30x+4800

Part B

Profit is derived by deducting the total costs from revenues (CIMA 2012). We had previously made the total cost model as Y=30x+4800

Y is the total cost

X is the number of students enrolled in the program.

It has also been mentioned in the case, that the seminar fee is $300 per student.

Therefore our total profit model would ...