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Hazel received 20 NQOs (each option gives her the right to purchase 10 shares of stock for $7 per share)at the time she started working when the stock price was $14 per share.Now that the share price is $20 per share,she intends to exercise all of her options.How much cash will Hazel need on the exercise date?
Break-even Analysis
A financial calculation to determine the point at which revenue received equals the costs associated with receiving the revenue.
Total Revenue
Total revenue is the complete amount of money earned by a business from its sales of goods or services, before any expenses are subtracted.
Total Cost
The entirety of costs involved in the production, delivery, and sale of a product or service, including fixed and variable expenses.
Break-even Quantity
The number of units that must be sold to cover all costs, resulting in neither profit nor loss.
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