Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2004-11-10
Length: 4 pages
Data source: Generalised experience
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Abstract
A day care center operated by a church and originally set up for children of low-income families is unable to continue its operations because of the lack of space and funds. The current policy is to operate on a break-even basis, but the manager must consider other options. Should it increase tuition fees per child, secure a loan in order to expand its facility to allow for more children or renovate the existing facility.
Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2004-11-10
Length: 3 pages
Data source: Generalised experience
About
Abstract
A day care center operated by a church and originally set up for children of low-income families is unable to continue its operations because of the lack of space and funds. The current policy is to operate on a break-even basis, but the manager must consider other options. Should it increase tuition fees per child, secure a loan in order to expand its facility to allow for more children or renovate the existing facility.
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Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2004-11-10
Length: 3 pages
Data source: Generalised experience