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Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special occasions. Since she has just begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is $250. The materials used in one shirt cost $10, and Gina can sell these for $15 each. How many shirts must Gina sell to break even?

a) 70 shirts
b) 40 shirts
c) 50 shirts
d) 80 shirts

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9871556

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