What is the breakeven point in dollar sales

Assignment Help Financial Management

Reference no: EM13935111

The Poseidon Swim Company Produces swim trunks. The average selling price for one of their is $32.97. The variable cost per unit is $23.68, has an average fixed cost per year of $31,292. What is the breakeven point in dollar sales?

Reference no: EM13935111

Questions Cloud

Calculate the net income and profit margin : Last year, K9 WebbWear, Inc., reported an ROE of 23 percent. The firm’s debt ratio was 60 percent, sales were $24 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 70 percent. The change wil..

Dividend reinvestment plans : Dividend reinvestment plans (DRIPs) permit shareholders to automatically reinvest cash in the company. What are the advantages Motley Fool lists for DRIPs? What are the different types of DRIPs? What is a direct purchase plan? How does a direct purch..

The cost of material used in production : Indicate whether each of the following costs is most likely a fixed cost or a variable cost by writing fixed or variable in the space provided.

Use a graph to show the effect on league salaries : Use a graph to show the effect on league salaries of a) an increase in the number of players available b)a decrease in television revenues due to fan preferences for drama shows

What is the breakeven point in dollar sales : The Poseidon Swim Company Produces swim trunks. The average selling price for one of their is $32.97. The variable cost per unit is $23.68, has an average fixed cost per year of $31,292. What is the breakeven point in dollar sales?

Indifferent between accepting project and not accepting : Your firm is contemplating the purchase of a new $595,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $63,000 at the end of that time. At what level of pretax cost ..

A preisedefinition of globalization is difficult : A preisedefinition of globalization is difficult, because globalization is a processwhich removes economic, social and cultural boundaries of nation states.Discuss this process. Do you think that globalization is a win-win situationfor all countries?..

What is the minimum number of shares : The shareholders of the Pickwick Paper Company need to elect eight directors. There are 200,000 shares outstanding. What is the minimum number of shares you need to own to ensure that you can elect at least one director if the company has majority vo..

What was book debt-to-value ratio : In 2013 Caterpillar Inc. had about 654 million shares outstanding. Their book value was $33 per share, and the market price was $86.50 per share. The company’s balance sheet shows that the company had $19.7 billion of long-term debt, which was curren..

User Account

All Pages