What is the break-even point in pairs of shoes

Assignment Help Finance Basics
Reference no: EM13264553

Footwear Inc. manufactures a complete line of men's and women's dress shoes for independent merchants. The average selling price of its finished product is $85 per pair. The variable cost for this same pair of shoes is $58. Footwear Inc. incurs fixed costs of $170,000 per year.

a. What is the break-even point in pairs of shoes for the company?

b. What is the dollar sales volume the firm must achieve to reach the break-even point?

 

Reference no: EM13264553

Questions Cloud

European journal of marketing : The construct "lifestyle" in market segmentation: The behaviour of tourist consumers Ana M. González Laurentino Bello
Issues of ethics and social responsibility : Describe the two philosophies regarding what principle should guide companies and marketing managers on issues of ethics and social responsibility.
What is the total impedance in the circuit : An RLC circuit has a resistor (R=175 ohms), a capacitor (C=4.78 microFarads) and an inductor (L=32.1mH). The frequency of the current is 652 Hz. What is the total impedance in the circuit
Explain which functional groups act as a nucleophile : Which functional groups are based on carbonyl moiety. Which functional groups act as a nucleophile and an electrophile
What is the break-even point in pairs of shoes : Footwear Inc. manufactures a complete line of men's and women's dress shoes for independent merchants. The average selling price of its finished product is $85 per pair. The variable cost for this same pair of shoes is $58. Footwear Inc. incurs fi..
Explain how would prepare a water in ethyl alcohol solution : How would you prepare a 25.0% water in ethyl alcohol solution using 100.0 ml of ethyl alcohol (the density of alcohol is 0.7893 g/ml)
Calculate the transfer function for the cascade of hp and lp : Design and Analysis: The simple high-pass and low-pass filters shown to the right have been analyzed in class. The transfer functions are H-HP(f) = j fRC / ( 1 + j fRC ) and H-LP(f) = 1 / ( 1 + j fRC ). In either case the -3dB frequencies are F-3D..
What is your expectd rate of return : Made-It common stock currently sells for $22.50 per share. The company's executive anticipate a constant growth rate of 10 percent and an end-of-year dividend of $2.
How far is the objects image from the lens : You have a lens whose focal length is 12.7 cm. You place an object on the axis of the lens at a distance of 6.25 cm from it. How far is the object\'s image from the lens

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Explain construction of choice table for interest rate

Explain Construction of choice table for interest rate and Which alternative should be selected

  Determine nominal annual rate of return

Carter's preferred stock pays a dividend of $1.00 per quarter. If the value of the stock is $57.50, determine its nominal annual rate of return?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Stocks and bonds-gulf coast fisheries

The common stock of Gulf Coast Fisheries currently sells for $72 per share. What return did investors who owned the company's stock earn during the past year?

  Evaluate the cost of common equity using capm formula

Evaluate the cost of common equity using CAPM formula and hired you as a consultant to help them estimate its cost of capital

  Find the annual interest rate

Find the annual interest rate

  What monthly payment will pay off this debt

A MasterCard statement shows a balance of $520 at 13.4% compounded monthly. What monthly payment will pay off this debt in 1 year 7 months? (Round your answer to the nearest cent.)

  What is the clean and dirty price for this bond

if coupons are semi annual and we use actual/actual day count convention, then what is the clean and dirty price for this bond.

  Set of pro forma financial statements

If you created a set of pro forma financial statements for 2005 and found that projected Total Assets exceeded projected Total Liabilities and Equity through $11,250, you would know that:

  Equity and debt percentages and eps and stock price

How do you determine optimal capital structure when given equity and debt percentages and EPS and Stock price

  Compute the standard deviation of the returns

Suppose the returns for Stock A for last six years was 4%, 7%, 8%, -2%, 9%, and 7%.

  Find the expected return on a risky investment

The risk free rate is 5.1 percent, investment's beta is 1.4, equity market risk premium is 5.0 percent and the cost of debt is 4.5%?

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