Sub. General accounting Lynbrook West, an apartment complex, has 100two-bedroom units. The monthly profit (in dollars)realized from renting x apartments is representedby the following function.P(x)=-11x2+1830x-34000a) What is the actual profit realized from renting the41st unit, assuming that 40 units have already beenrented?

Step 1: Calculation of total profit for 41 unitsStep 2: Calculation of total profit for 40 unitsStep…

Answered: Lynbrook West, an apartment complex,…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs

Section: Chapter Questions

Problem 1EP

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Use CVP and compute the room sales necessary to achieve a net income of 156,000 for a single product motel with total fixed costs of 180,000 an average room rate of 50 and a variable cost per room of 20 the motels income tax rate is 35 percent

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