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Anon25 [30]
3 years ago
11

A small firm builds television antennas. The investment in plan and equipment is $200,000. The variable cost per television ante

nna is $500. The price of the television antenna is $1000. How many television antennas would be needed for the firm to break even
Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

Break-even quantity is 400 units.

Explanation:

Below is the calculation for the number of television antennas:

At break-even, the firm's total revenue is equal to the total cost.

Cost of investment (fixed cost) = $200000

Variable cost = $500

Pirce of television antenna = $1000

At break-even, TR = TC

(P x Q) = (TFC + TVC)

1000Q = 200000 + 500Q

10000Q-500Q = 200000

500Q = 200000

Q = 200000 / 500

Q = 400 units

Thus break-even quantity is 400 units.

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A mutual agreement or communication between two or more parties that intend to conduct business is referred to as a business deal. The transaction is typically carried out between a seller and a buyer to exchange valuable assets including money, products, services, and information.

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4 0
2 years ago
Suppose that the United States fixes the dollar-pound exchange rate. In the process of maintaining the fixed exchange rate, if t
maks197457 [2]

Answer:

the fixed dollar-pound exchange rate is consistently below the equilibrium exchange rate that would be produced by a private foreign exchange market.

Explanation:

Fixing an exchange rate means that the government is trying to intervene in valuation of its currency. It is fixing it's currencie's rate to another and using reserves to handle fluctuations in market price.

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5 0
3 years ago
Which financial statement is prepared first?
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3 years ago
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In 2019, Joshua gave $13,400 worth of Microsoft stock to his son. In 2020, the Microsoft shares were worth $27,000. What was the
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Based on the information given the gift tax in 2019 is $0.

Gift tax are tax that is imposed by the federal government on taxpayer for giving out gift.

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On the other hand any taxpayer that give out gift that is above $15,000 will  be taxed which means that the giver will have to file a tax return reason being that the gift is above the recommend yearly gift tax exclusion amount of $15,000.

Based on the given scenario the amount Joshua gave his son which is $13,400 is not above the yearly gift tax of $15,000 which means that Joshua will not  file a gift tax return.

Inconclusion the gift tax in 2019 is $0.

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7 0
3 years ago
Which action is an example of an expansionary monetary policy?
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