Homework: Chapter 7 Homework (required) Save Score: 0.64 of 1 pt 12 of 12 (12 complete HW Score: 93.69%, 11.24 of 12 pts P7-64A (similar to) Question Help o Your Financial store opening an office in Ann Arbor, Michigan. Found monthly expenses we offerent ($2.000, depreciation on office furniture (533) ($270). special telephone lines (500), a subscription to an online brokerage service (700)and the way of financial plaer ($9,110) Variable expenses include payments to the financial planner (10% of revenue advertising (5 of revenue supplies and postage (2% of revenue and usage fees for the telephone lines and computerized brokerage services of revenue Requirement 1. Compute the investment firm's breve revenue in dollars the average rade leads to 800 in revenue for Your Financial, how many trades must make to breakeven? Firstly the formato ce the breakeven point in dolor Operating income > Contribution margin ratio. Breskens Your Francis brindaris 10,000 20 des to break even Requirement 2. Completed to commentering income of 7200 tegin by the forme come the pating income Opening income The day wing income of 2003 Requirement 1. Your Face Changed to the report revenue in, fed expense linealexpense in operating loss area, operating Income and is in endors when my wing income of $7.00 .The change from We will begin the style de hemoperating of 17200 cm Round amounts to be red to the nearest enth of a thousand dollari.37.250 bution displayed below are the gro) Chok the granto got your port Homework: Chapter 7 Homework (required) Save Score: 0.64 of 1 pt 12 of 1212 completely HW Score: 93.69%, 11.24 of 12 pts P7-64A (similar to) Question Help Your Financial restors la pening an office in Ann Arbor, Michiom. Fund monthly expenses are offerent ($2.000), depreciation on office future (53301, ils (8270), special telephone ines(1000), absorption to an online brokerage wervin ($700), and the way of a francial planner (33.110) Variable expenses include payments to the financial planner (10% of revenue) advertising (8% of revenue) poles and postage (2% of revenue and usage toes for the telephone lines and computerized brokerage rices of revenue The door events needed to an monthly operating income of 7,200 $ 18.000 Requirement 3. Graph Your Face CVP rationships. Assume that everage rade leads to $600 in venture to show the breakeven point, sales revenue in, fed rensein, alexpensein, pertingos ara, aperating Inconer, and sales in its rates and colors when money operating income of 7.200 is earned. The graph should range from 0 to 40 urte) We will begin graphing the CV nie by from the two point breakeven point and the point where monthly operating income of 7.200 is named Round amounts to be graphed to the nearest tenth of a thousand dola 37,250 would be $73. Enlarge the medium sure and use the point tool buton displayed below to the gro) enlarge Cack the graph toplot your point 3 remaining Clear Al 19,000 ed to earn monthly operating income of $7,200 is $ expense line, total expense be graphed to the nearest ter Our Financial's CVP relationships. Assun units (trades) and dollars when monthly Requirements - X CVP relationships by first plotting the me graph to medium size and use the pold 1. Compute the investment firm's breakeven revenue in dollars. If the average trade leads to $500 in revenue for Your Financial, how many trades must it make to breakeven? Q 2. Compute dollar revenues needed to earn monthly operating income of $7,200 3. Graph Your Financial's CVP relationships. Assume that an average trade leads to $500 in revenue for the firm. Show the breakeven point, sales revenue line, fixed expense line, total expense line, operating loss area, operating income area, and sales in units (trades) and dollars when monthly operating income of $7,200 is eamed. The graph should range from 0 to 40 units (trades) 4. Assume that the average revenue that Your Financial Investors carns decreases to $400 per trade. How does this affect the breakeven point in number of trades? 25 30 35 40 Print Done Click to enlarge graph Homework: Chapter 7 Homework (required) Save Score: 0.64 of 1 pt 12 of 12 (12 complete HW Score: 93.69%, 11.24 of 12 pts XP7-64A (similar to) Question Help 0 Your Financial Investors spring another in Ann Arbor, Michigan.Found monthly expenses seran (32.000 depreciation on office future (5330), (270), special telephone lines (500), a subscription to an online brokerage wervice (700), and the way of a francia ($9,110) Variable expenses include payments to the financial planner (10% of revenus), advertising (5% of revenue supplies and postage (2% of reverse) and usage fees for the telephone Ines and computerized brokerage services of revenue) Requirement 1. Compute the investment firm's breve recere in dollars. If the average rade leads to 600 in revenue for Your Financial, how many trades must make to breakeven? Porsely the forma to the brake point in dolor Operating income Contribution margin ratio. Breskens Your Francia sobre indoors is 10,000 20 des to break even Requirement 2. Completed to commentering income of 7200 tegn by thing the formes como encome Opening income There are cering income 2003 19.000 Requirement 1. Your CV there to see how the potevereine.fed expense lineal expense in operating loss area, operating Incomendasin endors when onering income of $7.2008. The would age from the We will be on the hos bytes por dentro pering one of 7200 cm Round amounts to be reped to the nearest enth of a thousand dollar, o.17.250 Downton below ther) Click the granto got your pont