Question 1

If the total fixed costs are $850,000, the selling price is $110 and the variable cost per unit is $25, what is the breakeven volume?

Accepted Answer

A)  17,000 units 
B)  10,000 units 
C)  7,000 units 
D)  1,000 units 
E)  need more information to calculate 
A)  17,000 units 
B)  10,000 units 
C)  7,000 units 
D)  1,000 units 
E)  need more information to calculate

Question 2

The financial ratio that indicates a company's ability to pay its short-term debts would be which of the following?

Accepted Answer

A)  debt/equity ratio 
B)  working capital ratio 
C)  wages to sales ratio 
D)  inventory to sales ratio 
E)  gross profit margin 
A)  debt/equity ratio 
B)  working capital ratio 
C)  wages to sales ratio 
D)  inventory to sales ratio 
E)  gross profit margin

If the total fixed costs are $850,000, the selling price is $110 and the variable cost per unit is $25, what is the breakeven volume?

The financial ratio that indicates a company's ability to pay its short-term debts would be which of the following?

The Entrepreneurial Mind-Set

Corporate Entrepreneurship

Generating and Exploring New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Filters

Exam 7: The Business Plan: Creating and Starting the Venture

If the total fixed costs are $850,000, the selling price is $110 and the variable cost per unit is $25, what is the breakeven volume?

The financial ratio that indicates a company's ability to pay its short-term debts would be which of the following?

The Entrepreneurial Mind-Set

Corporate Entrepreneurship

Generating and Exploring New Entries

Creativity and the Business Idea

Identifying and Analyzing Domestic and International Opportunities

Protecting the Idea and Other Legal Issues for the Entrepreneur

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Filters