Question
A company sells a product for $120 each. The product cost $ 90 for the company to make, and the company has $75,000 in fixed
A company sells a product for $120 each. The product cost $ 90 for the company to make, and the company has $75,000 in fixed cost.
a) What is the break even point of this product / company, in terms of units and sales?
b) If the company sells 3,000 units, what is their total sales, total expenses, and profit/loss?
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
