User Account

All Pages

How many units must be sold

Assignment Help Financial Management
Reference no: EM132318521

Question

A product sells for $280 per unit, and its variable costs per unit are $205. Total fixed costs are $436,000. If the firm wants to earn $63,500 pretax income, how many units must be sold?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132318521

Questions Cloud

Determine the cost of goods manufactured : Using the information below for our company; determine the cost of goods manufactured during the current year. Calculate net income for the period?
Prepare April and May income statements for Nascar Motors : Prepare April and May 2017 income statements for Nascar Motors under (a) variable costing and (b) absorption costing
Calculate net cash provided or used by operating activities : A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plant assets, $4,000.
Prepare budgeted income statements for each of the months : Merline Manufacturing makes its product for $55 per unit and sells it for $147 per unit. The sales staff receives a 10% commission on the sale of each unit.
How many units must be sold : Total fixed costs are $436,000. If the firm wants to earn $63,500 pretax income, how many units must be sold?
What dollar amount of sales must be made to produce : If the company has set a target monthly income of $15,800, what dollar amount of sales must be made to produce the target income?
Determine the break-even point in sales dollars : Use the following information to determine the break-even point in sales dollars: Unit sales 44,400 Units Dollar sales $444,000.
What is the statement of cash flows for business solutions : What is the statement of cash flows for Business Solutions using the indirect method for the three months ended.
What is lupes agi after taking into consideration : The rest of the year, the chalet was used by them and their friends and family. What is the proper tax treatment of the $8,000?

Reviews

Write a Review

Financial Management Questions & Answers

  Bond valuation-tax-exempt bond was recently issued at annual

Bond valuation. A tax-exempt bond was recently issued at an annual 10 percent coupon rate and matures 15 years from today.

  Risk and return

ROSE wants to know how much risk she must undertake to generate a good return of her portfolio. The current risk-free return is 5%. The return of overall stock market is 16%. Use the CAPM to calculate how high the beta coefficient of rosemary's portf..

  What is an offshore center

What is an offshore center?

  Actual cash value coverage for personal property

Ann Chovey has a homeowner’s policy with actual cash value coverage for personal property. Her four-year- old genuine imitation leather naugahyde sofa was ruined by an infestation of mice. It would cost $5,000 to replace the sofa. The sofa had an est..

  Made withdrawals at the beginning of each year

How would your answer change if you made withdrawals at the beginning of each year?

  What is weighted average cost of capital for firm

What is the Weighted Average Cost of Capital for this firm? What is the after-tax cost of debt for this firm?

  Purchasing power as a result of owning a bond

which one of the following rates represent the change if any in your purchasing power as a result of owning a bond?

  What is their return on equity

What is their Return on Equity?

  Canadian exchange the total market cap of company

Is the market cap shown on the Canadian exchange the TOTAL market cap of the company or is misleading because US shares are not included within this number?

  Clearly outline the alternative ways to finance corporation

Clearly outline the alternative ways to finance a corporation. What is the salvage value of a project? how to calculate a project’s after-tax salvage?

  The background of the applicable spreadsheet cells

Make sure all calculations can be seen in the background of the applicable spreadsheet cells.

  Determine the equilibrium price of european call

Suppose XYZ stock is trading at S0= $101, ?u= ?1.02, d=?1/1.02, the period risk free rate is 1%, and the stock pays no dividends. Using the n-period BOPM, determine the equilibrium price of an XYZ 100 european call expiring at the end of the third pe..

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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