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please help 2-3 Required 1- Assume the following data are available for both companies. Compute each company's break-even point in unit sales. (Each company sells
please help 2-3
Required 1- Assume the following data are available for both companies. Compute each company's break-even point in unit sales. (Each company sells many products at many different selling prices, and each has its own variable costs. This assignment assumes an average selling price per unit and an average cost per Average selling price per item sold Average variable cost per item sold Total fixed costs (in millions) Best Buy $90 $64 $5,980 Circuit City $40 $30 $2,570 2) If unit sales were to decline, which company would experience the larger decline in operating profit? Explain. 3) Google the decline of Circuit City and comment on what might have happened to the company. Required 1- Assume the following data are available for both companies. Compute each company's break-even point in unit sales. (Each company sells many products at many different selling prices, and each has its own variable costs. This assignment assumes an average selling price per unit and an average cost per Average selling price per item sold Average variable cost per item sold Total fixed costs (in millions) Best Buy $90 $64 $5,980 Circuit City $40 $30 $2,570 2) If unit sales were to decline, which company would experience the larger decline in operating profit? Explain. 3) Google the decline of Circuit City and comment on what might have happened to the companyStep by Step Solution
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