A Computer Store Has a Profit Goal of $50,000 for Computers

question 99

Multiple Choice

A computer store has a profit goal of $50,000 for computers selling for $1,000 per unit. Its fixed costs are $30,000, and its contribution margin is $100. According to break-even analysis, how many units must be sold to meet the profit goal?

• A) Cannot tell without more data
• B) 5,000
• C) 1,000
• D) 800
• E) 3,000

Recognize activities that could result in liability for corporate directors.

Grasp the principles of voting and decision-making in shareholder meetings.

Distinguish between fundamental changes to a corporation and ordinary business decisions.

Comprehend the process and implications of ratifying the acts of corporate officers.

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Definitions:

Telomeres

The protective structures located at the ends of linear chromosomes, consisting of repetitive nucleotide sequences that protect the chromosome from degradation and fusion with neighboring chromosomes.

Cleavage Furrow

A cleavage furrow is the indentation that begins to appear in the cell's surface as it prepares to divide, ultimately leading to cell separation during cytokinesis.

Actin

A protein that forms filaments and is essential for muscle contraction and cell movement.

Motor Proteins

Proteins that convert chemical energy into mechanical work, moving along surface of cellular structures and are crucial for muscle contraction, intracellular transport, and cell division.