Grant's Western Wear Is a Retailer of Western Hats Located

question 2

Multiple Choice

Grant's Western Wear is a retailer of western hats located in Atlanta, Georgia. Although Grant's carries numerous styles of western hats, each hat has approximately the same price and invoice purchase cost, as shown below. Sales personnel receive large commissions to encourage them to be more aggressive in their sales efforts. Currently the economy of Atlanta is really humming, and sales growth at Grant's has been great. However, the business is very competitive, and Grant has relied on its knowledgeable and courteous staff to attract and retain customers, who otherwise might go to other western wear stores. Also, because of the rapid growth in sales, Grant is finding it more difficult to manage certain aspects of the business, such as restocking of inventory and hiring and training new salespeople.The annual breakeven point in dollar sales is calculated to be:

• A) $504,000.
• B) $576,000.
• C) $468,000.
• D) $612,000.
• E) $540,000.

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Definitions:

Sending Neuron

A neuron that transmits a nerve impulse away from itself towards another neuron, muscle cell, or gland.

Synapse

The junction between the axon tip of the sending neuron and the dendrite or cell body of the receiving neuron. The tiny gap at this junction is called the synaptic gap or synaptic cleft.

Sending Neuron

The nerve cell that transmits an electrical signal to a receiving neuron across a synapse, facilitating neural communication.

Receiving Neuron

Also known as the postsynaptic neuron, it is the neuron that receives signals via neurotransmitters across the synaptic gap from another neuron.