Question 33 2.5 pts
Break-even analysis is the process of determining ________ before we begin earning a profit.
Group of answer choices
how many units must be produced, or how much revenue must be obtained
how much net profit will be made, or how many units will be produced
how much revenue must be obtained, or how much net profit will be made
what price we will charged for a product, or how many units must be produced
what price will be charged for a product, or how much net profit will be made
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Question 34 2.5 pts
The contribution margin in break-even analysis is derived by subtracting
Group of answer choices
fixed costs from price.
fixed costs from variable costs.
price from variable costs.
variable cost per unit from fixed costs.
variable cost per unit from price.
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Question 35 2.5 pts
The earning power of a company can be defined as the product of two factors:
Group of answer choices
fixed asset turnover and cash flow per share.
net profit margin and fixed asset turnover.
net profit margin and total asset turnover.
total asset turnover and earnings per share.
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Question 36 2.5 pts
In a conservative approach, a company will have
Group of answer choices
high fixed costs.
a narrow contribution margin.
low variable costs.
None of these.
