. Lenny's Pizzeria sells pizzas for a price of $8 per pie and at a cost of $2 per pie. It also has $200,000 in annual fixed operating costs and $100,000 in annual depreciation expenses. Under a 21% corporate lax rate and 10% discount rate, what is the cash break-even quantity of pizzas (rounded to the nearest integer)? A. 28,903 B. 33,333 C. 50,000 D. There is no quantity that allows the firm to break even in cash. Q2. Professor Kostovetsky is interested in buying shares of Microsoft stock but he only wants to buy them at a certain price below their curtent market price. Which order should he submit to his broker? A. Buy at Par Order B. Buy Market Order C. Buy Stop Order D. Buy Limit Order
Mf3.
Q1. Lenny's Pizzeria sells pizzas for a price of $8 per pie and at a cost of $2 per pie. It also has $200,000
in annual fixed operating costs and $100,000 in annual
lax rate and 10% discount rate, what is the cash break-even quantity of pizzas (rounded to the nearest
integer)?
A. 28,903
B. 33,333
C. 50,000
D. There is no quantity that allows the firm to break even in cash.
Q2. Professor Kostovetsky is interested in buying shares of Microsoft stock but he only wants to buy
them at a certain price below their curtent market price. Which order should he submit to his broker?
A. Buy at Par Order
B. Buy Market Order
C. Buy Stop Order
D. Buy Limit Order
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