What is the firms break-even sales level

Assignment Help Financial Management
Reference no: EM131067690

A firm has operating profits of $15,000 on unit sales of 10,000 units. Fixed costs are $30,000; each unit sells for $11.50 and has variable cost of $7.00. What is the firm's break-even sales level?

Reference no: EM131067690

Questions Cloud

Discuss the businesss performance : Discuss the business performance and justify what you think the business should focus on in the future - business the class has set up and been running.
Assignment-real property : According to Jean Murray (2015) Real property (Links to an external site.) is property that includes land and buildings, and anything affixed to the land. For a business, real property would include warehouses, factories, offices, and other buildi..
Zero coupon bond with face value : A zero coupon bond with a face value of $1,000 is issued with an initial price of $455.50. The bond matures in 18 years. What is the implicit interest, in dollars, for the first year of the bond's life? Use semiannual compounding.
Management accountant to the activities of the slt : Prepare the report for the CEO identifying the contribution that you could make as a management accountant to the activities of the SLT.
What is the firms break-even sales level : A firm has operating profits of $15,000 on unit sales of 10,000 units. Fixed costs are $30,000; each unit sells for $11.50 and has variable cost of $7.00. What is the firm's break-even sales level?
Senior management accountant for a large organisation : You are recently appointed as the senior management accountant for a large organisation. In your first meeting with the CEO you suggest that you should be included in the strategic leadership team (SLT).
The board of directors of the automobile manufacturer : Scenario: The Board of Directors of the automobile manufacturer have asked you to prepare a Business case that recommends a procurement plan based on the Assessment 1: Case study - Supplier evaluation.
What is inter-group conflicts : What is inter-Group Conflicts. Explain some of the sources of Inter-Group Conflicts and also the stages Inter-Group Conflicts takes.
Write a press release for the union that summarises : Your starting point is a December 2011 article in Workplace Express about Jupiter's 2011 bargaining process https://www.workplaceexpress.com.au/nl06_news_print.php?selkey=47062

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate the charge necessary to cover cost

Next year Holyspirit healthcare organization will serve 100 patients in the following manner. Calculate the charge necessary to cover ABC’s cost

  Bond that pays coupons annually is issued with a coupon rate

A bond that pays coupons annually is issued with a coupon rate of 5.3%, maturity of 30 years, and a yield to maturity of 8.3%. What rate of return will be earned by an investor who purchases the bond and holds it for 1 year if the bond’s yield to mat..

  Accrual income versus cash flow for a period

Accrual income versus cash flow for a period   Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a pro-viso that they must be paid for within 30 days but can be returned for a full refund cre..

  Whats the bonds current yield and whats capital gain yield

Find the yield to maturity for a 20 year, 6% annual coupon rate, $1,000 par value bond if the bond sells for $1,185 currently? We assume that interest is paid on this bond every six months. (2) what's the bond's current yield? What’s its capital gain..

  Look for the balance amount due to be paid by bank

you have taken a loan of 320000 from a bank for the 5 years at the prevailing rate of 3.75% , Calculate the annual instalment you are liable to pay to the bank and create a loan amortization table for a quick access to the principle and interest paid..

  Estimate the expected return on the stock

Use the information below to estimate the expected return on the stock of Bieber Corporation.

  Save money to meet three objectives

Bilbo Baggins wants to save money to meet three objectives. First, he would like to be able to retire 30 years from now with retirement income of $26,500 per month for 25 years, with the first payment received 30 years and 1 month from now.

  Compute the expected share price at the end

Suppose the dividends for the Seger Corporation over the past six years were $1.15, $1.23, $1.32, $1.40, $1.50, and $1.55, respectively. Compute the expected share price at the end of 2014 using the perpetual growth method. Assume the market risk pre..

  Firms depreciation and amortization expense if its tax rate

The Millennium Chemical Corporation announced that for the period ending December 31, 2015, it earned income after taxes of $2,768,028 on revenues of $13,144,680. The company’s costs (excluding depreciation and amortization) amounted to 61% of revenu..

  Dividends are expected to grow-calculate the cost of equity

Epley Industries stock has a beta of 1.25. The company just paid a dividend of $.40, and the dividends are expected to grow at 5 percent. The expected return on the market is 12 percent, and Treasury bills are yielding 6.4 percent. The most recent st..

  Your proceeds from sale of rights is

Prahm Corp. wants to raise $4.5 million via a rights offering. The company currently has 550,000 shares of common stock outstanding that sell for $80 per share. Its underwriter has set a subscription price of $40 per share and will charge the company..

  What is the current value of one share of this stock

Combined Communications is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 24 percent a year for the next 4 years and then decreasing the growth rate to 6 percent per year. The company just paid ..

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