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Angelina_Jolie [31]
3 years ago
5

Emma owns an Internet business where she sells weatherproof car floor mats. Her monthly fixed costs are $50,000. The average pri

ce per unit is $25 and the average variable cost per unit is $15. What is her break-even point?
Business
1 answer:
vesna_86 [32]3 years ago
7 0

Answer:

Break even in units is 5000 units per month.

Explanation:

Breakeven in units is the point or number of units that yield no profit or no loss and the total revenue at this point equals total cost.

The formula for break even in units is:

The break even in units = Fixed cost / Contribution per unit

Where the contribution per unit = Selling price per unit - Variable cost per unit

So, for Emma, the break even in units is:

Contribution per unit = 25 - 15 = 10

Break even in units = 50000 / 10 = 5000 units per month

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Bridgett received her bank statement with a previous balance of $181.36. Total deposits were $475.00. Total checks written were
Inessa [10]

Answer:

$484.11

Explanation:

Calculation to determine How much money does Bridget have in her checking account?

Previous balance of $181.36

Add Total deposits $475.00

Less Total checks written $165.25

Less service charge $7.00

Checking account balance $484.11

Therefore How much money does Bridget have in her checking account is $484.11

8 0
3 years ago
True or false: the aggressive Driver typically except that collision causing behavior are aggressive
Ede4ka [16]
This could depend on the person who caused the collision. However, it would most likely be false because very rarely will the person want to accept the consequences.
8 0
4 years ago
The preferred stock of ABC Co. offers a rate of return of 7.87 percent. The stock is currently priced at $63.53 per share. What
omeli [17]

Answer:

Annual Dividend = $5.00

Explanation:

We can use the following formula to calculate the stock price.

P = Annual Dividend / r

P: stock price (Given: $63.53)

r: required return (7.87%)

By inputting the number into the above equation, we have the following:

63.53 = Annual Dividend / 0.0787

--> Annual Dividend = $5.00

7 0
3 years ago
Your brother is starting 9th grade next year and is thinking about going to college.
salantis [7]

Answer:

Your brother is starting 9th grade next year and is thinking about going to college.

What steps would you recommend he take?

Meet his guidance counselor and fill out the FAFSA form.

E.Both A & C

Explanation:

It is always advisable for anyone who wishes to advance in their career to join college. Colleges are institutions of higher learning that provides educational services to students seeking career proficiency. For a student who has an interest in joining college, there are various steps that he/she can take to prepare. They are;

1. Meet his guidance counselor: a guidance counselor is an employed person usually in an school to offer assistance to students regarding various issues. Some of the services they offer are; to assist troubled students, help in advising students when there is conflict and assist them in making college and career plans. In our case, your brother could gain a lot form the guidance counselor especially on college plans. The counselor can teach the student on ways of formulating a good college plan so that their application can be timely and effective.

2. Fill out the FAFSA form: a FAFSA form is also known as Free Application for Federal Student Aid. FAFSA is a federal program that provides aid to students in the form of; grants, loans, and work-study.

4 0
3 years ago
You want to purchase a new condominium that costs $287,500. You plan is to pay 25 percent down in cash and finance the balance o
Bogdan [553]

Answer:

A. $1,568.07

Explanation:

Amount financed = (1 - .25) ×$287,500 = $215,625

PV = $215,625 = C × (1 - {1 / [1 + (.0375 / 12)]180}) / (.0375 / 12) C = $1,568.07

7 0
3 years ago
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