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Hi, I need help with the question below: Gordon Enterprises has expected sales of 12 000 units at $500 each from. It expects to make
Hi, I need help with the question below:
Gordon Enterprises has expected sales of 12 000 units at $500 each from. It expects to make a profit of $1.5m at this level. If the margin of safety ratio is 25%, what is the break-even point?
a. 1 440 units
b. 9 000 units
c. 10 560 units
d. 3 000 units
Thank you so much!
Kind regards,
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