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Question 16 1 pts Tom's Trashbins Inc. has fixed costs of $225.622. The firm's sales are expected to be $425,322 this ye
Posted: Thu Apr 28, 2022 2:00 pm
by answerhappygod
- Question 16 1 Pts Tom S Trashbins Inc Has Fixed Costs Of 225 622 The Firm S Sales Are Expected To Be 425 322 This Ye 1 (35.52 KiB) Viewed 37 times
Question 16 1 pts Tom's Trashbins Inc. has fixed costs of $225.622. The firm's sales are expected to be $425,322 this year if the firm sells 9.414 units. Variable costs amount to 42 percent of sales. What is the breakeven point in units for Tom's Trashbins? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 8297.6901, ROUND TO 8298 8,610 Question 17 1 pts XYZ has 442,891 shares of common stock outstanding, a P/E ratio of 8, and $536,469 in net income. The board of directors has just voted in favor of a 3-for-2 stock split. You owned 270 shares before the stock split. How many shares will you own after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 433.5000, ENTER IT AS 434