Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Breakeven analysis shows entrepreneurs minimum level of _______ required to stay in business. Question 11 options: Fund Activity Profit Question 12 (1 point) In the

Breakeven analysis shows entrepreneurs minimum level of _______ required to stay in business. Question 11 options: Fund Activity Profit Question 12 (1 point) In the breakeven calculation, an entrepreneur can also determine the sales volume required to reach a particular ________ target. Question 12 options: Profit Order Cost Question 13 (1 point) Calculate the Contribution Margin from the following: Variable expense $35900, Net Sales Estimates $109000. Question 13 options: 3.03 0.33 0.67 Question 14 (1 point) Calculate the Breakeven point from the following: Total fixed costs $177,375, Contribution margin .26. Question 14 options: $682212 $0.00000147 $177374.74 Question 15 (1 point) Calculate the Breakeven point from the following: Net sales estimates $950000, Variable expense $705125, Fixed expense $177375. Question 15 options: $682212 $5.36 $.26

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Financial Accounting For Business

Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds

2nd Edition

1260575306, 978-1260575309

More Books

Students also viewed these Accounting questions

Question

What is meant by formal organisation ?

Answered: 1 week ago

Question

What is meant by staff authority ?

Answered: 1 week ago

Question

Discuss the various types of policies ?

Answered: 1 week ago

Question

Briefly explain the various types of leadership ?

Answered: 1 week ago

Question

13. Give four examples of psychological Maginot lines.

Answered: 1 week ago