Based on the selling price of the picture frames and the unit variable costs, the break-even point is 400 picture frames.
<h3>What is the breakeven point?</h3>
This can be found by the formula:
= Fixed costs / (Selling price - Variable costs)
Solving gives:
= 32,000 / (120 - 40)
= 32,000 / 80
= 400 picture frames
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The switching between the two goods allows the line to linear rather than bowed out.
Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Answer:
Boston will pay (in cash) to the bondholders every six months $125,146.31.
Explanation:
The interest paid in cash PMT, can be calculated as follows :
PV = $2,050,000
N = 20 × 2 = 40
R = 8%
FV = $2,050,000
P/yr = 2
PMT = ?
Using a financial calculator to enter the above data concerning the bond, the payments (PMT) every six months is $125,146.3062 or $125,146.31.
Nah I don’t think the us really needs to trade with Canada