What sales figure must be achieved for the budget to be viable? The following data is available, and the question is whether the shareholders will be content with the calculated sales figure:Fixed costs;1200, Selling price:10 euro, Unit variable cost:8 euros. Amount invested by shareholders in the company: 5,000 euros. Profitabilty the partners (shareholders) aim to achieve:10% of their investment in the company: a. 8,500 euros b. 10,000 euros c. 12,250 euros
What sales figure must be achieved for the budget to be viable? The following data is available, and the question is whether the shareholders will be content with the calculated sales figure:Fixed costs;1200, Selling price:10 euro, Unit variable cost:8 euros. Amount invested by shareholders in the company: 5,000 euros. Profitabilty the partners (shareholders) aim to achieve:10% of their investment in the company: a. 8,500 euros b. 10,000 euros c. 12,250 euros
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What sales figure must be achieved for the budget to be viable? The following data is available, and the question is whether the shareholders will be content with the calculated sales figure:Fixed costs;1200, Selling price:10 euro, Unit variable cost:8 euros. Amount invested by shareholders in the company: 5,000 euros. Profitabilty the partners (shareholders) aim to achieve:10% of their investment in the company:
a. 8,500 euros
b. 10,000 euros
c. 12,250 euros
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