FIN 200: Quiz and Final Exam
Axia College of University of Phoenix (UoP)
Introduction to Finance: Harvesting the Money Tree
1. The break-even point can be calculated as
2. If TechCor has fixed costs of $80,000, variable costs of $1.20/unit, sales price/unit of $6, and depreciation expense of $25,000, what is their cash breakeven in units?
3. A firm's break-even point will rise if
4. In break-even analysis, the contribution margin is defined as
5. Refer to the figure above. This firm's break-even point is
6. If a firm has a price of $4.00, variable cost per unit of $2.50 and a breakeven point of 20,000 units, fixed costs are equal to:
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