Bus Finance

posted by .

Consider the following income statement and answer the questions that follow:

Sales (100 units) $200
Variable costs ($.80 ea) 80
Fixed Costs 20
EBIT 100
Interest Expense 30
EBT 70
Income tax 24
Net Income 46

a. What is the firm’s Breakeven Point in units?
Draw a breakeven chart for this firm.

  • Bus Finance -

    17

  • Bus Finance -

    Consider the following income statement and answer the question that follows: Sales (100 units)..............$200 Variable costs ($.20 ea)......20 Fixed Costs.......................80 EBIT................................100 Interest Expense................30 EBT.................................70 Income tax.......................24 Net Income.......................46 What is the firm’s Breakeven Point in units?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Principles of Finance HELP!!!

    Problem 16-7. Pro forma income statement At the end of last year, Roberts Inc. reported the following income statement (in millions of dollars): Sales 3000 Operating costs excluding depreciation 2450 EBITDA 550 Depreciation 250 EBIT …
  2. Finance

    The Norman Automatic mailer Machine Company is planning to expand production. The expansion will cost $2000,000, which can either be financed by bonds at an interest rate of 12 percent or by selling 40,000 shares of common stock at …
  3. Finance 200

    11. The Sterling Tire Company’s income statement for 2008 is as follows: Given this income statement, compute the following: STERLING TIRE COMPANY Income Statement For the Year Ended December 31, 2008 Sales (20,000 tires at $60 each) …
  4. FINN 200

    12. The Harmon Company manufactures skates. The company’s income statement for 2008 is as follows; Sales (20,000 tires at $60 each) . . . . . . . . . . . . . . . . . . . . . . . . $1,200,000 Less: Variable costs (20,000 tires at …
  5. Business Finance

    Break Even Analysis.. consider the following income statemenbt and answer the question that follow. Sales(100 units) $200 Variable cost (.80each) .80 Fixed cost 20 Ebit 100 interest expense 30 ebt 70 income tax 24 net income 43 What …
  6. Finance

    Consider the following income statement and answer the questions that follow: Sales(100 units) $200 Variable costs (.80each) 80 Fixed costs 20 EBIT 100 Interest expense 30 EBT 70 Income tax 24 Net income 46 a)what is the firm's Breakeven …
  7. Finance

    I really really need some help on this one!!! All I need is for someone to point me in the right direction. I have filled in the blanks of the income statement and figured out what the net income is. I am very stuck. How do I get the …
  8. finance

    Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 Breakeven point in units
  9. Finance

    Building an Income Statement Papa Roach Exterminators, Inc., has sales of $586,000, costs of $247,000, depreciation expense of $43,000, interest expense of $32,000, and a tax rate of 35 percent. What is the net income for this firm?
  10. Finance

    Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 a. What is the firm’s …

More Similar Questions