Benny Books Sells First Edition Books

question 57

Multiple Choice

Benny Books sells first edition books.Benny purchases the books from his supplier for $100 a book and sells them through his website for $225 a book.Benny's fixed costs are $87,000.What is Benny's breakeven point in books?

• A)268
• B)387
• C)696
• D)870

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Definitions:

Provisional Measure

A temporary legal act or order intended to address urgent matters until a permanent solution is established or passed into law.

Legal Structures

The legally recognized configurations under which organizations or businesses can operate, such as sole proprietorships, partnerships, corporations, and limited liability companies.

Advantages

The favorable attributes or benefits that give an individual, product, or service a competitive edge over others.

Disadvantages

Bottlenecks or drawbacks that may impede progress or success.