ing to Costs and expenses for the year were as follows: Particulars Cost of revenue Selling, general, and administrative expenses Depreciation and amortization Amount (S in millions) § 14 958

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Stay Handy company is a large company providing door to door delivery service for
groceries and other daily need items. In the most recent year, company had 60 million
members, through which provided it a revenue of $33,347 in the most recent year. The
details relating to Costs and expenses for the year were as follows:
Particulars
Cost of revenue
Selling, general, and administrative expenses
Depreciation and amortization
Amount (S in millions)
§
14 958
S
§
7 994
8,150
Form the total cost of revenue 30% was fixed and the selling, general and administrative
expenses are fixed to the extent of 70% to the number of members. How many
memberships does the company need to break-even? (All interim calculations and final
answers should be rounded off to one decimal place)

9:56
<
Subject Test
question 9 out of
ge company providing door to door delivery service for
items. In the most recent year, company had 60 million
ded it a revenue of $33,347 in the most recent year. The
enses for the year were as follows:
ticulars
Amount ($ in millions)
S
14,958
administrative expenses
S
7,994
ortization
S
8,150
30% was fixed and the selling, general and administrative
tent of 70% to the number of members. How many
y need to break-even? (All interim calculations and final
to one decimal place)
AA
experthiring.cheggindia.com
Ć
:
Transcribed Image Text:9:56 < Subject Test question 9 out of ge company providing door to door delivery service for items. In the most recent year, company had 60 million ded it a revenue of $33,347 in the most recent year. The enses for the year were as follows: ticulars Amount ($ in millions) S 14,958 administrative expenses S 7,994 ortization S 8,150 30% was fixed and the selling, general and administrative tent of 70% to the number of members. How many y need to break-even? (All interim calculations and final to one decimal place) AA experthiring.cheggindia.com Ć :
9:56
<
Subject Test
ote: -
You are attempting question 9 out of
Stay Handy company is a large company providing door to doc
groceries and other daily need items. In the most recent year, co
members, through which provided it a revenue of $33,347 in the
details relating to Costs and expenses for the year were as follows:
Particulars
Amount (S
Cost of revenue
S
S
Selling, general, and administrative expenses
Depreciation and amortization
S
Form the total cost of revenue 30% was fixed and the selling, gen
expenses are fixed to the extent of 70% to the number of
memberships does the company need to break-even? (All interim
answers should be rounded off to one decimal place)
A 51.2 million
(B) 53.4 million
(C) 54.3 million
(D) 52.1 million
swer
Submit
experthiring.cheggindia.com
Ć
AA
O
O
O
O
:
A
B
с
D
Transcribed Image Text:9:56 < Subject Test ote: - You are attempting question 9 out of Stay Handy company is a large company providing door to doc groceries and other daily need items. In the most recent year, co members, through which provided it a revenue of $33,347 in the details relating to Costs and expenses for the year were as follows: Particulars Amount (S Cost of revenue S S Selling, general, and administrative expenses Depreciation and amortization S Form the total cost of revenue 30% was fixed and the selling, gen expenses are fixed to the extent of 70% to the number of memberships does the company need to break-even? (All interim answers should be rounded off to one decimal place) A 51.2 million (B) 53.4 million (C) 54.3 million (D) 52.1 million swer Submit experthiring.cheggindia.com Ć AA O O O O : A B с D
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