<h3>Hello there!</h3>
Your question asks how many muffins the Muffin House needs to sell in order to breakeven
<h3>Answer: 700 Muffins</h3>
In order to find the answer to your question, we first need to gather important information from the question.
Important Information:
- Selling price/ per muffin = $15
- Variable costs (cost to make)/ per muffin = $9
- Total fixed cost = $4,200
With the information above, we can find the answer to the question.
The Muffin House spends $9 to make a muffin, but sells it for $15. So the Margin is $6 (profit).
We would only make profit from the Margin price, so we need to get the Margin price to $4,200.This means we would need to divide 4200 by 6 to get our answer. Since they want to breakeven with the fixed cost, they need to sell as much muffins for the Margin to add up to $4,200 at the end to breakeven.
When you're done solving, you should get 700.
This means that The Muffin House must sell 700 muffins in order to break even.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer: You shouldn't dwell on any negatives and weakness because you want to be truthful but also not show that you cant compose yourself and then it shows that your unable to service the job correctly.
Explanation:
Doc's ribhouse ending equity would be $102,000 if has beginning equity of 79000 and net icome of 23000.
<h3>What is equity?</h3>
Equity is the amount of capital invested or owned by the owner of a company. The equity is evaluated by the difference between liabilities and assets recorded.
Doc's ribhouse beginning equity
= $79,000
Net income
= $23,000
Ending equity
= ?
Ending Equity
= Beginning Equity + Net Income - Dividends
= $79,000 + $2
= $102,000
Hence, Doc's ribhouse ending equity would be $102,000
Learn more about equity here : brainly.com/question/11556132
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Answer: The higher the risk, the higher the return.
Returns from an investment refers to the gains or losses over a specified period, and is quoted as percentage.
Risk refers to the possibility or the chance that the actual return that is earned is greater than or less than the return expected by the investor. Thus, uncertainty is another name for risk.
If the returns from an investment are certain, the risk involved is low. When risk is low, the returns are also low. For e.g. the return from a T-bill is low because the risk of default is zero, since the government can print money to fund its debt.
The higher the level of risk involved, the greater the potential for a higher return.
The correct answer is He should complete the repairs and sell the boat for $900
Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete. Deshawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He should complete the repairs and sell the boat for $900.
