Case Study: Alex Charter School
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Abstract
This case discusses issues associated with charter schools. Topics include accounting, statistics, and economics. The focus is on profit planning and budgeting. Students will prepare an income statement, determine a break-even point for enrollment, contribution margin, elasticity of demand to assist in decision-making about tuition, averages, and a regression equation to estimate test scores, given class size. Finally, strategic thinking is required to write a conclusion.