Find what is the company breakeven point

Assignment Help Finance Basics
Reference no: EM13286400

A company's fixed operating costs are $480,000, its variable costs are $3.85 per unit, and the product's sales price is $4.30. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? Round your answer to the nearest whole.

Reference no: EM13286400

Questions Cloud

Determine the kinetic energy of the asteroid : At some point in its orbit, our asteroid is moving with a speed of 20 kilometers per second. Determine the kinetic energy of the asteroid
Calculate the new roe for ll : Observing that HL has a higher ROE, LL's treasurer is thinking of raising the debt-to-capital ratio from 30% to 60%, even though that would increase LL's interest rate on all debt to 15%. Calculate the new ROE for LL. Round your answer to two deci..
Explain how many mmole of methyl oleate did you weigh out : You have weighed out 520 mg of methyl oleate. Knowing that the sample you received only contains 70 % of methyl oleate, how many mmole of methyl oleate did you weigh out
What is the final charge on each one : Three identical metal spheres of qA=+3.0C qB=-5.0C qC=+6.0C. What is the final charge on each one
Find what is the company breakeven point : A company's fixed operating costs are $480,000, its variable costs are $3.85 per unit, and the product's sales price is $4.30. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? Round your an..
Compute the potential difference across the three resistors : Three resistors, 27, 49, and 79 , are connected in series, and a 0.55 A current passes through them. What is the potential difference across the three resistors
At what unit sales volume will its income equal : A company's fixed operating costs are $480,000, its variable costs are $3.85 per unit, and the product's sales price is $4.30. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? Round your an..
Explain what is the volume of a gold nugget that weighs : What is the volume of a gold nugget that weighs 2.20kg. The density of gold is 19g/cm^3? I set it up with D=M/V, but my answer of .0.008636 cm^3 isnt an option.
Estimate the fundamental frequency : Three successive resonant frequencies in an organ pipe are 865, 1211, and 1557 Hz. What is the fundamental frequency

Reviews

Write a Review

Finance Basics Questions & Answers

  What was dollar price of the bond

Assume that Phuket Beach Hotel's $1,000-par-value bond had a 5.700% coupon,matured on May 15, 2017, had a current price quote of 97.708, and had a yield to maturity (YTM) of 6.034%.

  What must the risk-free rate be

A stock has an expected return of 13.5 percent, a beta of 1.40, and the expected return on the market is 11.5 percent. What must the risk-free rate be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g.,..

  What is fama target debt-equity ratio

Fama's Llamas has a WACC of 10.80 percent. The company's cost of equity is 14.2 percent, and its cost of debt is 8.4 percent. The tax rate is 40 percent.

  Amortization expense

Dade buy a patent on January 1, 2003 for $120,000. The patent had a remaining useful life of ten years at that date. In January 2004, Dade successfully defends patent at a cost of $54,000,

  Calculate the real rate of return on the stock

You purchased 1,000 shares of stock for $23 per share exactly one year ago. During the year, the stock paid a $.50 dividend per share and the current stock price is $20 per share. The inflation rate the last year was 2%.

  Determine the value of per share

This company pays a perpetual annual dividend of 2.5 percent of its par value. Par value is $100 per share. If investors require rate of return on this stock is 15%, determine the value of per share?

  Explain evaluation of bond receipts at various interest rate

Explain Evaluation of bond receipts at various interest rates and What is the effective interest rate

  Profit maximization

To maximize amount of income realized from a rate increase, charges should be raised most in departments with:

  What is the amount of the lump sum

What is the amount of the lump sum that would be exactly equal to the present value of the annual installments? Round off to the nearest $1.

  Expected impact from the transation cost

You work for ABC in finance department and own shares that are selling at $20 per share on the NYSE. There is a new stock offering that is going to be publicly declared.

  What is the correlation coefficient between the returns

The covariance of the returns between Willow Stock and Sky Diamond is 0.0840. The variance of Willow is 0.1450, and the variance of Sky Diamond is 0.1440. What is the correlation coefficient between the returns of the two stocks?

  Explain why cost of debt is typically different than cost

Explain why the cost of debt is typically different than the cost of equity. Give examples and explain your answers.

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