Nelson manufacturing has the following data:
variable costs are 60% of the unit selling price.
the contribution margin ratio is 40%.
the unit contribution margin is $500.
the fixed costs are $500,000.

which of the following does not express the break-even point?

a. $500,000 / $500 = x
b. $500,000 / .40 = x
c. $500,000 + .40x = x
d. $500,000 + .60x = x

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value