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Managerial accounting is all about making informed decisions. Cost-volume-profit (CVP) analysis is one of the most powerful tools available for managers to crunch numbers, gain a thorough understanding of a situation, and perform a what-if analysis.
Write a paper of no more than 750 words or a 5-slide power point prese ntation in which you discuss the activities and learning this week and share how CVP analysis may be helpful to an entrepreneur starting a new business.
Provide at least three situations or strategic decisions that may be reached using CVP analysis.
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