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Author Question: Refer to Scenario: Pettijohn Inc. What is the firms BEP? (Read 78 times)

sbegs

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Question 1

Rappaport Corp.’s sales last year were $490,000, and its net income after taxes was $38,000. What was its profit margin on sales?

7.49%


7.60%


7.76%


7.83%



Question 2

Refer to Scenario: Pettijohn Inc. What is the firm’s BEP?

11.02%


11.47%


11.60%


11.90%



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Marked as best answer by sbegs on Aug 7, 2023

risolinick@gmail.com

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sbegs

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


cpetit11

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Reply 3 on: Yesterday
Excellent

 

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