Question
DO NOT USE AI TO ANSWER THIS QUESTION. AI DOES NOT DO WELL IN FINANCE Thank you for not using AI. Only one answer is
DO NOT USE AI TO ANSWER THIS QUESTION.
AI DOES NOT DO WELL IN FINANCE
Thank you for not using AI.
Only one answer is correct, and that is one of the options.
Pamela Isley just opened a small book store in New York to sell autographed copies of her brilliant botany-biochemistry books and needs to determine the breakeven for her book sales.
Total fixed costs for the small book store are $15,500 per quarter. Pamela's variable cost per book is $4.25 and she sells each autographed book for $35.00. How many books must Pamela sell each year to breakeven? (Round up to the nearest book.)
A. 505 books
B. 1,580 books
C. 1,772 books
D. 2,017 books
E. 14,589 books
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Shipping Finance A Practical Handbook
Authors: Stephenson Harwood
4th Edition
1787421406, 978-1787421400
