At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:
Total Cost = 10x + 10,000
Total Revenue = 20x
Equation both,
10x + 10,000 = 20x
The value of x from the equation is 1000.
Answer: 1000
Answer:
Fall, rise
Explanation:
City Gas is a natural monopoly that supplies natural gas to a particular city. It's cost and demand information are given below. Quantity (Millions of therms) Price ($ per therm) Total Cost (million $) 1 48 35 2 44 64 3 38 90 4 30 113 5 20 133 6 8 150 If the government decides to regulate this natural monopoly by forcing them to produce at the point where the demand curve intersects average cost, then compared to the unregulated natural monopoly, the price will _____fall_______ and the quantity will _____rise______.
I would say the best answer to go with is A. Not to sure.
The question is about the financial leverage ratio which is total debt to total capital.
The correct answer to the given question is D. 46.51%
<h3>Explanation</h3>
This ratio measures the financial leverage of a company. It assess how much asset of a company are financed by debt.
<h3>Formula</h3>
The formula to calculate total debt to total capital ratio is :
Total Debt [ Long term + Short Term] / Total Capital
If the total debt of the company is 29,060 and total capital is 62,481,
29,060 / 62,481 = 46.51%
The correct option is d. 46.51%
The exhibit 4.1 is found on quizlet website.
Learn more business at brainly.com/question/26254074
