PLEASE ANSWER CHOOSING ONE OF THE MULTIPLE CHOICE ANSWERS!!!! Question 1 What is the per unit dollar
Question:
PLEASE ANSWER CHOOSING ONE OF THE MULTIPLE CHOICE ANSWERS!!!!
Question 1 What is the per unit dollar contribution for the GoGo?
a. about $27.00
b. about $35.62
c. about 19.97
d. about $41.33
Question 2 What is Whoyser's break even point (in units) for the GoGo?
a. about 755,000
b. about 456,000
c. about 689,500
d. about 715,000
e. about 693,000
Question 3 What is Whoyser's break even percentage market share for the GoGo?
a. about 6.81%
b. about 4.9%
c. about 5.8%
d. about 71%
Question 4 What are Whoyser's profits (in dollars) at the market share forecast of 6.5%
a. about $3.2 M
b. about $ 3.95M
c. about $4.00M
d. about $2.75M
Question 5 Dani estimates that price elasticity of demand was -1.2. If this is correct, what is Whoyser's total profit if the GoGo price is raised to $425?
a. about $14.6M
b. a little over $17.1M
c. a little over $11.5M
d. a little under $12.97M
Question 6 Dani estimates that price elasticity of demand was -1.2. If this is correct, what is Whoyser's total profit if the GoGo price is lowered to $325?
a. about $650k
b. The GoGo loses money
c. Just about Break Even
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw