In order to break even, they would need to sell at least 5,000 units
Break even point is calculated by the formula:
Fixed costs÷(selling price -variable costs per unit)
i.e.
100,000 ÷ (60-40) = 5,000
Anything they sell above this number will start to produce profits for the company
Answer:
1) The government prohibits gas stations from selling gasoline for more than $3.40 per gallon.
This statement is an example of price ceiling as the gas stations cannot raise their price above $3.40 but can sell it at any price lower than the ceiling price of $3.40. This is binding
2) Due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from doing so. This is neither a price ceiling or floor as government isn't directly affecting the price with their policy
3) The government has instituted a legal minimum price of $3.40 per gallon for gasoline. This is an example of price floor and is binding. The reason it is a price floor is because the petrol stations cannot charge a price below $3.40 but can charge any price above the floor price of $3.40
Explanation:
Answer:
Katherine was lying and/or hiding something
Explanation:
Alisa most likely decoded Katherine's explanation in such a way that she believed Katherine was lying and/or hiding something. This is because based on psychological studies, individuals tend to state that they are "telling the truth" and yet still provide no actual proof when they are lying. In this scenario, Katherine simply states that she is "telling the truth" but has not shown Alisa any financial reports or other valuable data that proves that there was not enough funding, which would be easy to provide if they actually existed.
In order to obtain the change in price, the local price of the yuan must be known. Next is to take the difference of the reciprocal of the two prices, then multiply it to the local price.
The solution is:
change in price = 275 (1/ 6.58 - 1/6.25)
therefore, the change in price is equal to $2.21
nonexpendable type of account would you assign a gift of $1.5 million dollars with restriction indicating that only the future income generated from this balance can be used by the government
An expendable trust is a trust that can expend both capital and income resources for authorized purposes. A non-expendable trust is a trust that stipulates that profits can be expended rather than capital.
Consumables that wear out during use. For example ammunition, paint, fuel, cleaning and preserving materials, bandages, medicines, medical supplies, etc., or anything that loses its identity. B. Spare parts, etc. Also called consumables.
Non-Exportable Assets – Generally, the unit purchase price for assets that retain their original identity while in use is $1,000 or more. and a life expectancy of over two years. (e.g. furniture, pool table, TV)
Learn more about nonexpendable here
https://brainly.in/question/7641000
#SPJ4
