MINI-CASE Smith Automotive Is a Company That Produces Component Parts for for Automobile

question 54

Multiple Choice

MINI-CASE
Smith Automotive is a company that produces component parts for automobile engines.A margin of $4 per unit produces fixed expenses of $80 million.The market demand for the component parts is 400 million units per year.
-Mini-Case Question.Calculate the break-even market share if the break-even volume is 40 million units.

• A)5%
• B)10%
• C)12.5%
• D)15%
• E)20%

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