By Mid 2016, ClassPass, the Leader in Providing Fitness Classes

question 40

Short Answer

By mid 2016, ClassPass, the leader in providing fitness classes, was generating $_ million in revenue and was valued at $___ million.

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Definitions:

Controllable Margin

The portion of profit or margin that can be influenced by managing operating costs and expenses.

Operating Data

Information related to the day-to-day functions and performance of a business, used for analysis and decision making.

Contribution Margin

The difference between a company's sales revenue and its variable costs.

Management By Exception

A management strategy where only significant deviations from planned results are addressed, focusing managerial attention on the most important issues.