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s at Red Shirt Blue Shirt Inc. are planning to upgrade the high-speed stitching mac 70.9 to complete the upgrade. Each shirt will sell for 21.5, and will cost 8.4 to make ny shirts will they need to sell before they 'breakeven' on the new machine?? Managers at Red Shirt Blue Shirt Inc. are planning to upgrade the high-speed stitching machine in their factory. It will cost 12570.9 to complete the upgrade. Each shirt will sell for 21.5, and will cost 8.4 to make (labour and materials). How many shirts will they need to sell before they 'breakeven' on the new machine?? Answer X Soraya operates a kiosk at a local farmer's market selling handmade wraps and sandwiches. Each sandwich or wrap sells for an average price of $8.00 At the end of the month she has summarized the following information about her business. Sales: $4049 Wages: $1200 (Soraya pays herself $15/hour) Ingredients: $1555 Condiments: $135 Packaging (for wrapping sandwiches and wraps): $153 Monthly Market Fee: $200 Propane, electrical and water costs $ 140 What are COGS (cost of goods sold) for Soraya's business for the month? Answer X Use these balance sheet items to determine the "Quick Ratio" for this company: Assets $1839 cash $3900 Savings Account $2200 Inventory $350 Accounts Receivable Fixtures & Equipment $85920 Vehicle $12000 Liabilities $1940 Accrued Wages Accounts Payable $605 Bank Loan $27200