Find break-even points and sales needed to earn a profit
Hazardous Toys Company produces boomerangs that sell for $ 8 each and have a variable cost of $7.50. Fixed costs are $15,000.
a. Compute the break-even points in units.b. Find the sales (in units) needed to earn a profit of $25,000.
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Mason Corp. paid a dividend of $1.85 per share last quarter on its common stock. The company's stock is currently selling for $88.45 per share, and the growth rate in dividends is 6%. Find the expected rate of return for Mason common stock.
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Hazardous Toys Company produces boomerangs that sell for $ 8 each and have a variable cost of $7.50. Fixed costs are $15,000. Compute the break-even points in units.
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