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Gnomes International is expanding. Sales price of each Gnome $ 15.1 Variable Cost of each Gnome $ 5.6 Sales $450,000 Fixed Costs $160,000 Interest Expense
Gnomes International is expanding.
| Sales price of each Gnome | $ 15.1 |
| Variable Cost of each Gnome | $ 5.6 |
| Sales | $450,000 |
| Fixed Costs | $160,000 |
| Interest Expense | $40,000 |
| Income Taxes | $22,260 |
| Net Income | $51,940 |
From the information above, how many Gnomes should be sold to break-even?
Post your answer in whole Gnomes. (No decimal places)
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The Laymans Guide To Managing Your Investments
Authors: Thomas Dunleavy
1st Edition
979-8763592214
