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1. If a firm sells 40,000 units and the price of the product is $20, with an AVC of $16, and fixed costs are $60,000, what will the firm's operating profit be at this level of sales volume?

2. If a firm has fixed costs of $85,000, a variable cost per unit of $10 and sales price per unit of $15, what is the firm’s breakeven point in units?

3. Assume that you deposit $661 into an account that pays 16 percent per annum. How much money would be in the account 20 years from today?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92845130

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