Otieno runs a wine olub. He buys six different types of wines in cases of 12 and sells the wine in cases of six, each case containing one bottle of each type
Purchase cost per cost of 12
Sh
Valpolicella
18.00
Bardolino
Lebfraumilch
Niersteiner
21.00
Bereich bernkastel
Plesporter
Selling price per case of 6
12.00
Variable distribution cost per case
0.50
Annual fixed expenses
Storage
2000
Wages
1000
Hint: consider each question independently by give answers rounded off to 2 decimal places
Required
a. What is the annual break-even point in sales revenue and on unit sales
Break-even units
Break-even sales
b. If 3800 cases were sold in the year what would Otienos profit be​

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system