Question
The next two questions refer to the following fictional financial statement from Superfun Yoga Pants: Revenue: $500,000 Shoes: $250,000 Advertising: $500 Rent: $1,000 Depreciation: $25
The next two questions refer to the following fictional financial statement from Superfun Yoga Pants:
Revenue: $500,000
Shoes: $250,000
Advertising: $500
Rent: $1,000
Depreciation: $25
How many additional shoes would Superfun Yoga Pants have to sell to cover a $25,000 investment in advertising and maintain their current contribution to the company, assuming they are currently selling 5,000 pairs of shoes?
a)762
b)502
c)526
d) None of the above, but I could calculate with the information given
e)None of the above, but I cannot calculate with the information given
| A. | 762 |
| B. | 502 |
| C. | 526 |
| D. | None of the above, but I could calculate this with the information I am given. |
| E. | None of the above, I cannot calculate this with the information I am given. |
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