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Last Year ABC Ltd Sold 5000 Units Generating Sales Revenue

question 11

Multiple Choice

Last year ABC Ltd sold 5000 units generating sales revenue of £50000. The total variable costs were £25000 and the fixed costs were £10000. The company has recognized that fixed costs will rise next year by £5000. If the company wanted to make the same amount of profit next year how many units would have to be sold.


Definitions:

Enterprise Rent-A-Car

A car rental company known for its extensive network of locations, high level of customer service, and management training programs.

Business Strategy

A plan of action designed to achieve a long-term or overall aim within the competitive setting of an organization.

Enterprise Rent-A-Car

A car rental company that offers vehicle rental services to consumers and businesses, known for its extensive network and emphasis on customer service.

Management Goals

The objectives or targets that management aims to achieve to fulfill the organization's mission and vision.

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