What is the required sales volume

Assignment Help Finance Basics
Reference no: EM132642119

i) The Abner Corporation, a retail seller of television sets, wants to determine how many tele vision sets it must sell to earn a profit of $12,000 per month. The price of each television set is $300, and the average variable cost is $100.

a. What is the required sales volume if the Abner Corporation's monthly fixed costs are $5,000 per month?

b. If the firm sells each television set at a price of $350 rather than $300, what is the required sales volume?

c. If the price is $350, and if average variable cost is $85 rather than $100, what is the required sales volume?

ii) All though all countries throughout the world have to face similar economic problems the economic system they adopt as a means of dealing with them will differ. Essentially there are three approaches to tackling the economic problem of allocation, distribution and utilization of resources. Comment on all the three approaches and reason out which approach will work out in UAE

Reference no: EM132642119

Questions Cloud

Decontamination plan in your city : Identify two different facilities that may be likely target of terrorist attack in your community. Explain why these facilities are vulnerable and likely target
Predominantly ?sustain for an economy in market forces : Foreign Exchange Policy. Briefly provide your views on all the above to predominantly ?sustain for an Economy in Market forces.
Developing formula for answerable and researchable question : The same holds true when searching for research evidence to guide your clinical inquiry and professional decisions. Developing a formula for an answerable.
What is the current valuation estimate for the apartment : Analysis on the property and recommend a 5-year DCF to get an accurate valuation estimate. What is the current valuation estimate for the apartment building.
What is the required sales volume : What is the required sales volume if the Abner Corporation's monthly fixed costs are $5,000 per month?
Discuss the appropriateness of the journal entries : In each of the situations, discuss the appropriateness of the journal entries in terms of generally accepted accounting principles.
How does a person difference in age and culture : How does a person's difference in age, culture, race, gender and living situation impact your comfort as a nurse in communicating with them?
Proposal to increase regional security cooperation : Africa Desk as an analyst at DoS and get a request from the Ambassador to Kenya for supporting info for a proposal to increase regional security cooperation
Identify your stakeholders and undertake stakeholder : Identify your stakeholders and undertake a stakeholder analysis - explaining the relevance and teasing out the key points arising from this as they pertain

Reviews

Write a Review

Finance Basics Questions & Answers

  Total real return on investment

Suppose that you decide to sell your bonds today, when the required return on the bonds is 8.25 percent. If the in?ation rate was 4.3 percent over the past year

  How does the basic net present value model of capital

how does the basic net present value model of capital budgeting deal with the problem of project risk? what are the

  How much does development office need to ask for up front

"The Agnew Chair in Fungus Studies," which will contribute $1 million per year, in perpetuity, to the biology department. Assuming an interest rate of 8 percent, how much does the Development Office need to ask for up front?

  Areas of working with families

What kinds of guidance, support, and training do you feel you need to become comfortable and capable in areas of working with families?

  Discuss commercial bank with lower interest rates

Making Generalizations Why might an individual choose to borrow money from a finance company that charges higher interest rates rather than from a commercial.

  What is the total market value of the firms stock s and the

the rogers company is currently in this situation 1 ebit 4.7 million 2 tax rate t 40 3 value of debt d 2 million 4

  What insurance coverage bob and barbara parker need

What should the Parkers consider when deciding what insurance coverage they need? Do they have sufficient insurance coverage? If not, what type of insurance coverage do you recommend for them?

  Savings toward the down payment on a house

Jeremy will turn 30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 11.70 percent annually, how much will he have saved in eight years when he buys his house.

  What is the value of a share of schi

Its dividend is expected to grow by the same amount. If the required return is 14%, what is the value of a share of SCHI?

  Discussion on an overview of financial management

In your judgment, what were the principal causes of the recent financial crisis and Great Recession? Would you include Government policies that encouraged housing purchases for those who could not afford them

  What is the monthly car payment by formula

Before purchasing a used car, Cody Lind checked kbb's website to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax.

  Market value capital structure

The current liabilities consist entirely of notes payable to banks, and the interest rate on this debt is 8%, the same as the rate on new bank loans.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd