# finance (firm's net income)

If a firm has a break-even point of 20,000 units and the contribution margin on the sirm's single product is \$3.00 per unit and fixed costs are \$60,000, what will the firm's net income be at sales of 30,000 units?

o.k. the break even amount will be 20,000 units time \$3.00 = \$60,000

total sales is 30,000 units times \$3.00 = \$90,000

\$90,000 - \$60,000 = \$30,000 net income

Is this correct???

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