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saw5 [17]
1 year ago
12

Mountain Cycle specializes in making custom mountain bikes. The company founder, PJ Steffan, is having a hard time making the bu

siness profitable. Knowing that you have good business knowledge and solid financial sense, PJ has come to you for advice.
Project Focus PJ would like you to determine how many bikes Mountain Cycle needs to sell per year to break even (Profit =0). Solve using the followings.

Fixed cost equals $65,000
Variable cost equals $1,575
Unit Bike price equals $2,500
Business
1 answer:
IgorC [24]1 year ago
4 0

Answer and Explanation:

Break even point in units = Fixed Costs ÷ (Sales price per unit – Variable costs per unit)

Given fixed cost =$ 65000

Variable cost per unit =$1575

Selling price per unit =$2500

Break even point in units= $65000/$2500-1575

=$65000/925

=70.2703

= 70 units

Therefore it would take 70units of sale of products for the company to break-even that is not make loss or profit

Profit/loss =0

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The seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The Corporations current assets consist of cas
SVETLANKA909090 [29]

Answer:

The correct answer is A

Explanation:

The current liabilities is computed as:

Current Assets (CA) = Quick assets (QA)+ Inventory (I)

CA = QA + $49,000

Acid test ratio = Quick assets / Current Liabilities (CL)

2.8 = QA / CL

QA = 2.8 × CL                              

Current Ratio (CR) = CA / CL

3.5 = CA / CL

Putting CA = QA + Inventory

3.5 = ( QA + $49,000) / CL

Now, Putting QA = 2.8 × CL

So,

3.5 = [( 2.8 × CL ) + $49,000] / CL

3.5 = 2.8 CL / CL + $49,000 / CL

3.5 = 2.8 + ($49,000 / CL)

3.5 - 2.8 = $49,000 / CL

0.7 = $49,000 / CL

CL = $49,000 / 0.7

CL = $70,000

4 0
2 years ago
The manhawkin fund has an expected return of 16% and a standard deviation of 20%. the risk-free rate is 4%. what is the reward-t
ArbitrLikvidat [17]
We know that expected return is 16%. The standard deviation is 20%. And in addition, the risk-free rate is 4%. Denote with x: expected return, "Y": the risk-free rate and sigma: standard deviation. The reward-to-volatility ratio is(x-y) / (sigma) = (16-4) / 20 = .6
5 0
2 years ago
According to the website nationalbikeregistry, at the campus of UC Berkeley 12% of registered bicycles are stolen each year. Sup
yaroslaw [1]

Answer:

n = 160

p = 0.12

Explanation:

In a Binomial distribution two parameters are of great interest, n and p.

where n is the number of trials and p is the probability of success and (1 - p) is the probability of failure.

p = 12%

n = 160

Mean = E(X) = μ = n*p = 160*0.12 = 19.2

μ = 19.2

variance = σ² = np(1 - p) = 160*0.12(1 - 0.12) = 16.89

standard deviation = σ = √16.89 = 4.11

σ = 4.11

7 0
1 year ago
A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the produc
valentina_108 [34]

Answer:

The correct answer is letter "A": National-security argument.

Explanation:

The National-security argument is a point of view that promotes the imposition of quotas and tariffs on imports related to national security in an attempt to boost domestic production on the same items. This situation will cause that in front of war the country will produce its own supplies to meet effectively its demand instead of relying on other countries to provide them with those goods. Most protectionist countries tend to support this idea.

7 0
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Rupert runs his own company and does all the hiring personally to ensure. Fit with the rest of the organization he’s built, wich
Westkost [7]
Do know how to follow instructions and work as a team
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