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6. Longstreet Inc. has fixed operating costs of $310.000, variable costs of $2.55 per unit produced, and its product sells for $3.75 per unit. What
6. Longstreet Inc. has fixed operating costs of $310.000, variable costs of $2.55 per unit produced, and its product sells for $3.75 per unit. What is the company's break-even point, i.e., at what unit sales volume would income equal costs? a. 219,583 6. 258,333 c. 206,667 d. 317,750 e. 214,417 7. Desai Inc. has the following data in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Round to the nearest whole day. Annual sales = $45,000 Annual cost of goods sold = $23.500 Inventory = $4,500 Accounts receivable = $1,800 Accounts payable = $2,500 a. 42 days 6.57 days c. 46 days d. 37 days e. 39 days
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