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PLEASE HELP! WILL GIVE THUMBS UP! Swifty Corporation sells MP3 players for $50 each. Variable costs are $30 per unit, and fixed costs total $120000.

PLEASE HELP! WILL GIVE THUMBS UP!

Swifty Corporation sells MP3 players for $50 each. Variable costs are $30 per unit, and fixed costs total $120000. What sales are needed by Swifty to break even?

$360000.

$144000.

$300000.

$260870.

American Express would offer a cardholder money, say $300, to surrender his/her credit card because the

company has a very low opportunity cost for the money being offered.

cardholder is a poor credit risk and may default with expected losses exceeding $300.

company wants to reduce the number of accounts in order to reduce its fixed cost.

cardholder is not using the card enough.

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