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Happy Co currently sells 2 products, umbrellas and rain jackets.

Umbrellas sell for $85 per unit with variable costs of $62 per unit. Rain jackets sell for $27 per unit with variable costs of $15 per unit.

Total fixed costs for the company are $10,000. Happy Co typically sells five umbrellas for every four rain jackets sold. What is the breakeven point in total units? (Round the final answer up to the nearest unit.)

Group of answer choices

None of these.

3 units

37 units

553 units

16 units

Company X is trying to determine the profitability of its new service line. Investors would like to earn a 10% return on the company's $35,000,000 of assets. Fixed costs are projected to be $13,000,000 for the year. About 520,000 customers are expected to pay for the service. Variable costs are about $13 per customer. Company X is a price-taker and won't be able to charge more than its competitors who charge $41 for a similar service. What profit will it earn as a percent of assets?

Group of answer choices

Profit of 4.46%

Loss of 4.46%

None of these.

Profit of 37.14%

Loss of 56.46%