To Find the Number of Units That Gives Break-Even for the Product

question 16

Multiple Choice

To find the number of units that gives break-even for the product, solve the equation R $$\mathbf { R } = \mathbf { C }$$ ound your answer to the
nearest whole unit.
-Suppose that the total annual consumption of salmon in a certain country is given by $y = 5.59 x + 837.5$ and that the total annual consumption of tuna in this country is given by $y = 1.49 x + 878.5$ , where consumption is measured in millions of pounds and $x$ is the number of years since 2010 . When consumption of salmon reaches consumption of tuna, what is the annual consumption of salmon?

• A) 894.89 million pounds
• B) 890.42 million pounds
• C) 893.4 million pounds
• D) 897.87 million pounds

---

Definitions:

Goods Sold

Goods sold refers to the products that a company has provided to customers in exchange for payment; it is often used in the context of calculating revenues and inventory turnover.

Current Ratio

This is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Debt Ratio

A leverage ratio that measures the proportion of a firm’s total assets that is acquired with borrowed funds.