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A cell phone company has a fixed cost of $1,000,000 per month and a variable cost of $20 per month per subscriber. The company charges $29.95 per month to its cell phone customers. (2.2) a. What is the breakeven point for this company? b. The company currently has 95,000 subscribers and proposes to raise its monthly fees to $39.95 to cover add-on features such as text messaging, song downloads, game playing, and video watching. What is the new breakeven point if the variable cost increases to $25 per customer per month? c. If 20,000 subscribers will drop their service because of the monthly fee increase in Part (b), will the company still be profitable?
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John used the statutory percentage method of cost recovery. He elects not to take additional first-year depreciation. Calculate total deduction John may take for 2011 with respect to the car.
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Write an equation that models how old in years each of you will be, when your ages add up to 150 years old. For example, if x = your age and the eldest person was a year older than you, you would write their age as x + 1. Then the equation would b..
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