Company generate in order to reach the break-even point

Assignment Help Financial Management
Reference no: EM131067902

Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $189,300, how many dollars of revenue must the company generate in order to reach the break-even point.

Reference no: EM131067902

Questions Cloud

Inflation and unemployment during business cycle : Explain what happens to inflation and unemployment during the business cycle.
Ways in which the themes of sacrifice-senice : Read "The Story of Jumping Mouse" on pages 373-379 of Philip Novak's The Wodd's Wisdom. Write a 3-4 page paper exploring the ways in which the themes of sacrifice, senice, compassion, non-attachment, transformation and enlightenment manifest thems..
What was the stock return for the missing year : Calculating Returns and Variability [LO1] You find a certain stock that had returns of 17 percent, −24 percent, 25 percent, and 8 percent for four of the last five years. The average return of the stock over this period was 10.4 percent. What was the..
Econometric model to forecast unemployment : In this exercise you will develop an econometric model to forecast unemployment. The data file USMacro_Quarterly contains data on the unemployment rate from the Federal Reserve Bank of St. Louis. A more detailed description is given in USMacro_Qua..
Company generate in order to reach the break-even point : Winny's Office Furniture has a contribution margin ratio of 16%. If fixed costs are $189,300, how many dollars of revenue must the company generate in order to reach the break-even point.
Income-price of the good-prices of related goods : Regression examples that we have seen included explanatory variables such as income, price of the good, prices of related goods, and geographic area.
Calculation of the current year gdp : Determine whether the each of the following would or would not be included in the calculation of the current year's GDP. Explain each answer.
Develop several detailed paragraphs regarding your topic : Develop several detailed paragraphs regarding your second main point using the Week Two Learning Activity Worksheet.
Create the script for that presentation : · create PP for the presentation (in accordance with professional recommendations). create the script for that presentation (in accordance with recommendations, nonverbal communication properly marked etc.)

Reviews

Write a Review

Financial Management Questions & Answers

  Stock repurchase

Company YUM has 15 million shares outstanding with a market price of $20/per share. The Company YUM has $25million in extra cash (short-term investments) that it plans to use in a stock repurchase. Company YUM has no other financial investments or an..

  Assume that the investment bankers required return

In its negotiations with its investment bankers, ELR Inc. has reached an agreement whereby the investment bankers receive a smaller fee now (6.5% of gross proceeds versus their normal 10%) but also receive a 1-year option to purchase an additional 12..

  Considering a new project with cash inflows

Joshua Industries is considering a new project with cash inflows of $478,000 for the indefinite future. Cash costs are 68 percent of the cash inflows. The initial cost of the investment is $685,000. The tax rate is 34 percent and the unlevered cost o..

  Ordinary income and capital gains-initial investment

A corporation has decided to replace an existing asset with a newer model. Two years ago, the existing asset originally cost $30,000 and was being depreciated under MACRS using a five-year recovery period. The existing asset can be sold for $25,000.

  A reverse split is when

A reverse split is when: A. the stock price gets too high for investors to purchase in round lots. B. the stock becomes too liquid and highly marketable. C. the stock price moves into the popular trading range. D. several old shares, such as 4, are r..

  Coupon bonds-what is the current yield on the bonds

Bourdon Software has 9.2 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 107.4 percent of par. What is the current yield on the bonds?

  Cash balances as result of implementing the lockbox system

It takes Cookie Cutter Modular Homes, Inc., about six days to receive and deposit checks from customers. Cookie Cutter’s management is considering a lockbox system to reduce the firm’s collection times. What is the reduction in outstanding cash balan..

  What is the dollar spread for this bill

A Treasury bill has a bid yield of 3.58% and an ask yield of 3.52%. The bill matures in 100 days. Assume a face value of $1,000. What is the dollar spread for this bill?

  Software product line and waste water clean-up product line

Verano Inc. has two business divisions - a software product line and a waste water clean-up product line. The software business has a cost of equity capital of 11% and the waste water clean-up business has a cost of equity capital of 6%. What is the ..

  Pension funds have fewer liquidity problem than depositories

Pension funds have fewer liquidity problems than depositories because. An active management strategy in which money managers try to make timely movements among stocks, bonds, and cash based on complex quantitative models is called. Mortgage-backed se..

  Determine how sensitive the bond valuations

Examine the duration and convexity of three bond issuances. Determine how sensitive the bond valuations are to changes in interest rates. Value any bonds if interest rates rise, fall, or remain unchanged.

  Wide cost of capital for analyzing capital expenditures

ExxonMobil ( XOM) is one of the half- dozen major oil companies in the world. The firm has four primary operating divisions ( upstream, downstream, chemical, and global services) as well as a number of operating companies that it has acquired over th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd