What is the break even point in pairs of shoes

Assignment Help Finance Basics
Reference no: EM13274032

The average selling price of shoes is $95 per pair. The variable cost is $55. The company incurs fixed cost is $160,00 per year.

What is the break even point in pairs of shoes.?
What is the dollar sales volume to reach the break even point?
What would be the profit or loss before EBIT at 4000, 11,000,16000 pairs of shoes?

 

Reference no: EM13274032

Questions Cloud

What percentage of the ice remains solid : If you mix 2.5g of 100 degree celcius steam with 60g of 0 degree celcius ice. what percentage of the ice remains solid
Explain a mixture containing nm iodoacetone : A mixture containing 80.0 nM iodoacetone (designated A) and 64.0 nM p-dichlorobenzene (designated B) gave the relative detector response (peak area of A)/(peak area of B) = 0.71 in a chromatography experiment.
What is the dividend payout parentage : The firm tries to maintain a 20 percent debt and 80 percent equity of its planned capital expenditures and does not plan to issue more stock. The firm estimates to earn 12 million in the next year.
What is the power of the speaker : A person is standing 8 m away from a speaker and experiences an intensity level consistent with the standard pain threshold. what is the power of the speaker
What is the break even point in pairs of shoes : The average selling price of shoes is $95 per pair. The variable cost is $55. The company incurs fixed cost is $160,00 per year.
Compute the wavefunction and the probability to tunnel : Compute the wavefunction and the probability to tunnel, for a proton in the potential: V(x)=0, when x 0.00 nm, and V(x)=2.0*10-19 J otherwise.
What is the air pressure at given point : Squeaky the balloon has been living large (diameter = 25 m) high above Santa ana college, where T= -20 Degree C, What is the air pressure at this point
Why is one signal sensitive to noise and other one is not : How does noise affect the measurement signals in analog and digital data lines. Why is one signal sensitive to noise and the other one is not
State the hypotheses and level of significance : Conduct the test giving statistics, the test statistic and the P-value and find a 90% confidence interval.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the projects average accounting return

If the plant has projected net income of $1,814,300, $1,867,600, $1,836,000, and $1,289,500 over these four years, what is the project's average accounting return (AAR)?

  Which quarterback is better paid

Famous quarterback just signed the $17 million contract providing $4.25 million a year for 4 years. Who is better paid? The interest rate is 8 percent.

  What is the current asset turnover ratio

Last year's asset turnover ratio was 2.0. Sales have increased by 25% and average total assets have increased by 10% since that time. What is the current asset turnover ratio? A. 1.82 B. 2.05 C. 2.15 D. 2.27

  Which of the following statements regarding mortgage-backed

Which of the following statements regarding mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs) is most correct.

  What is the amount of the next semi-annual coupon payment

The Six-month U.S. dollar LIBOR is currently 4.375%; your firm issued floating-rate notes indexed to six-month U.S. dollar LIBOR plus 50 basis points. What is the amount of the next semi-annual coupon payment per U.S. $1,000 of face value?

  Discuss the pros and cons of expanding the etic

The Earned Income Tax Credit is a very effective program, so much so that some people are urging its expansion instead of raising the minimum wage. Discuss the pros and cons of expanding the ETIC. Ignore the minimum wage in your answer.

  Which of the following credit terms has the lowest apr

For a company accounts payable manager, which of the following credit terms has the lowest APR for forgoing discount?

  Purpose of statement of cash flows

Prepare a response in which you answer: What is the purpose of the statement of cash flows? What information does it provide?

  Calculate value of duration

Compute the value of duration for a 4-year, $1,000 par value U.S. Government bond purchased today at a yield to maturity of 15%. The bond coupon rate is 12 percent and it pays interest once a year at year end.

  Determine the price of stock

A common stock is held for two years, during which time it receives an annual dividend of $10. The stock was trade for $100 and generated an average annual return of 16 percent.

  What is the difference in the projected roes

What is the difference in the projected ROEs between the restricted and relaxed policies?

  What is the yield to call

A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 7% (3.5% per half-year).

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