At a level of 20,000 units sold, Gail Corp. has sales of $400,000, a contribution margin ratio of 40%, and a profit of $40,000. What is the break-even point in units?

A. 15,000
B. 20,000
C. 12,000
D. 8,000


Answer: A

Business

You might also like to view...

Which communication metaphor emerged as a way to acknowledge that people accomplish something in communication beyond merely sending and receiving messages?

a. transmission b. interaction c. transaction d. social construction

Business

Patents are essentially monopolies granted to inventors by the U.S. government giving patent owners the exclusive rights to make, use, or sell that invention for a certain period of time.

Answer the following statement true (T) or false (F)

Business

Phase 3 of the 3-x-3 writing process begins with doing which of the following?

A) Evaluating your document to determine whether it achieves its purpose B) Deciding how to organize the message C) Composing the first draft D) Editing the message to improve content and sentence structure

Business

________ refers to a work hindrance stressor that occurs when the number of demanding roles a person holds is so high that the person simply cannot perform some or all of the roles very effectively.

A. Daily hassle B. Role ambiguity C. Role conflict D. Time pressure E. Role overload

Business