Answer:Annual fixed expenses = $ 539,000
Explanation:
Given;
break even point on books sold= $49,000
sales price per unit = $39
variable cost= $28
Using the formulae,
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales
49,000 =Fixed cost / ( 39-28)
Fixed cost = 49,000 x 11
= $ 539,000
Annual fixed expenses = $ 539,000
The answer is 15. Hope this helps!
A business operated by state legally...... is called corporation
False, there are more than one accepted letter format.
Let's get further into learning this:
There are two basic groups, The Block Format and The Various Indented formats.
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Hi there
The price of the car after a year would be
20,000×(1+0.04)
=20,800 because of inflation
The amount of down payment is
20,800×0.2
=4,160
So you need to deposit
P=4,160÷(1+0.06)
p=3,924.5 round your answer to get
P=3925
Hope it helps