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Author Question: Mix Sweet Shop bakes and sells pies. Mix has annual fixed costs of 880,000 and a variable cost per ... (Read 137 times)

newyorker26

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Mix Sweet Shop bakes and sells pies. Mix has annual fixed costs of 880,000 and a variable cost per
  pie of 7.50. Each pie sells for 15.50 each. The firm expects to sell 500,000 pies annually. What is
  the break-even point in sales dollars?
 
  A) 3,100,000 B) 2,875,000 C) 1,625,000 D) 1,705,000

Question 2

South Stage, Inc. preferred stock pays an annual dividend of 2.75 per share. If the stock is
  currently selling for 27.50 per share, what is the expected rate of return on this stock?
 
  A) 17.5 B) 27.5 C) 10.0 D) 2.75


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jessofishing

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newyorker26

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Reply 2 on: Jul 10, 2018
Gracias!


6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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