User Account

All Pages

Determining the fixed costs for the year

Assignment Help Finance Basics
Reference no: EM132509838

You are going to sell smoothies at the beach. Your fixed costs for the year will be $150,000. The variable cost for each drink is $3.00. You will sell each drink for $8.00.

Determine:

a) Number of drinks to be sold in order to breakeven.

b) Operating income if 15,000 drinks are sold.

Reference no: EM132509838

Questions Cloud

Utilize an investment company : When would you chose to utilize an investment company? Why would you go with this avenue?
Current market price per share of common stock : Walmart Inc. has the following information available: Current market price per share of common stock $105.00
Corporate social responsibility : Define corporate social responsibility (CSR) in your own words. Do your findings change the way you will support the company in the future?
Prepare the january income statement for the company : Prepare the January income statement for the company showing profits by sales territories. Conclude your statement with income from operations
Determining the fixed costs for the year : You are going to sell smoothies at the beach. Your fixed costs for the year will be $150,000. The variable cost for each drink is $3.00.
Think about advertising your innovative product : You now need to think about advertising your innovative product from Unit 2. Who do you believe is your best audience? Why?
Write the journal entry to record the transaction : $45,250 were shipped to Japan as Job Order Shipment M-X17 on February 15, 2020. Ignoring sales tax, write the journal entry to record this transaction
Prepare the journal entries required on February : Prepare the journal entries required on February 28, 2021, to accrue interest and to record the discounting for Selkirk
Expected claim cost on policy-gs enterprises : GS Enterprises has the following loss distribution for its product liability expenses. If an insurer offered GS a policy with a $100,000 annual deductible

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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