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Question - Alpha Company's contribution margin income statement is shown below:
Units sold 30,000
Sales 450,000
Variable costs 330,000
Contribution margin 120,000
Fixed costs 80,000
Operating income 40,000
For the following questions, round off your answer to the nearest $ when applicable.
a. Calculate the breakeven point in units.
b. Calculate the breakeven point in $.
c. How many units must the company sell to earn a target profit of $100,000?
The fair value of the options was estimated at $7 per option.If the options have a vesting period of 5 years, what would be the balance in "paid-in capital-stock options" three years after the grant date? credit or debit of what amount?
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qin july 2010 zinger corp purchased 20000 gallons of numerol for 61000 to use in the production of product 43mr7. in
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Draw the Security Market Line (SML) with clear labels, and plot these two securities on the graph along with the market and risk-free rate
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