Homework Answers
Break-even point in unit = Fixed expense / Contribution margin per unit
Contribution margin per unit = 100% - 60% = 40% or 0.40
Therefore,
Break-even point in unit = $ 4,000,000 / 0.40
= $10,000,000
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y Review view Help A 21 AaBbCeDd AaBbCcDd AaBbc AaBbcc AaB AaBbce Aalben 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em Paragraph Styles 5. Suppose you had $10,000 to invest three years ago, in February of 2017. Research three stock indices, DJIA, Nasdaq Composite and S&P 500. How much money would have now if you invested $10,000 in these stock indices? Which one provided a greater return?
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