A product has a selling price of $10 per unit, variable expenses of $6 per unit and total fixed costs of $35,000. If 10,000 units are sold, net operating income will be ___________
Fill in the blank(s) with the appropriate word(s).
Answer: 5000
(10-6)x10000 - 35000 = 5000
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The theoretical PE model does not work when the growth rate in ____________________ exceeds the cost of equity capital
Fill in the blank(s) with correct word
Which of the following is false about the quality assurance manager?
a. responsible for the elimination of product defects b. ensures preestablished quality standards are met c. an integral part of a firm’s TQM strategic initiatives d. always reports directly to the CEO of the company
The four Cs of credit are computers, capital, compromise, and collateral.
Answer the following statement true (T) or false (F)
The Convention on Bills of Exchange as well as U.S. and English domestic laws require the language "bill of exchange" to appear clearly and prominently on the face of the instrument
Indicate whether the statement is true or false