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Q: What was the Break even sales if Sales income is 150000 GP is 20 Percent and Net profit is 5000?
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What is a principle of basic financial management?

The basic principle is this. Income exceeds expenditure = PROFIT Expenditure exceeds income = LOSS No profit or loss = BREAK-EVEN


When expenses are more than income is called?

Their is a LOSS of income, or loss for the business operation. You can have either a LOSS or a PROFIT or possibly break even with neither a loss or a profit.


ABC sells a box of bagels for with a contribution margin of 62.5 percent Its fixed costs are 150000 per year How much sales dollars does ABC Bread need to break-even per year?

150000*.625=93750


If the chair of the board of directors says there is a 50 percent chance this company will earn a profit a 30 percent chance it will break even and a 20 percent chance it will lose money next quarter?

The chair of the board of directors says, "There is a 50 percent chance this company will earn a profit, a 30 percent chance it will break even, and a 20 percent chance it will lose money next quarter".


What are the differences between cost volume profit analysis and break even profit analysis?

there no difference between break even profit analysis and cost volume profit analysis


What are a firms profit at the break-even point?

Break Even Point: It is the point where firm's at no profit no loss situation/position that's why it is called break-even point. So at this point firms has no profit no loss and it is the point where firm's able to achieved all expenses of operation and after this point whatever sales made by firm goes to profit of company.


The top 5 percent of wage earners in America annual income?

"Including all tax returns that had a positive AGI [adjusted gross income], taxpayers with an AGI of $153,542 or more in 2006 constituted the nation's top 5 percent of earners. To break into the top 1 percent, a tax return had to have an AGI of $388,806 or more. The top-earning 25 percent of taxpayers [have an] AGI over $64,702." http://www.taxfoundation.org/news/show/250.html


What is break even analysis and how does it work with cost volume profit analysis?

cost volume profit is use anlyse how cost and profit change with change in volume of activity


What is another name for break-even analysis?

Cost-volume-profit analysis (CVP), or break-even analysis,


What is the relationship between income and expenses before a break-even point is reached?

Before the break even point, total expenses exceed total income and there is a loss made.


If I resell dedicated servers, what kind of profit margin can I expect?

You can expect as break even scenario. There is no profit in reselling a dedicated server.


Does an increase in the income tax rate increase the break even point?

No, an increase in the tax rate only affects a positive income; at break even there is no amount to tax