1 what is the break-even probability in the following case, Ask an Expert

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1. What is the break-even probability in the following case? A customer wishes to purchase a $2,000 item that has been marked up to 50% over cost. Assume all cash flows are discounted to present value and there is no chance of subsequent sales.

A. 55.67%

B. 66.67%

C. 77.67%

D. 88.67%

2. Which one of these is calculated as: 365 / (Cost of goods sold / Inventory)?

A. Days sales in inventory

B. Total asset turnover

C. Inventory turnover

D. Days sales in receivables

E. Capital intensity ratio

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92832626

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