you set up a scrapbook business and make an initial investment of $50,000. The unit of a scrapbook kit is $12 and the selling price is $25. How many kits must you sell to break even?
I know its simple, but I'm like really blank out.. I understand its y=mx+b, but I don't know what to plug in.. The answer supposed to be 3847, however I got a different answer so I assume I did something wrong with my equation.
I know its simple, but I'm like really blank out.. I understand its y=mx+b, but I don't know what to plug in.. The answer supposed to be 3847, however I got a different answer so I assume I did something wrong with my equation.
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$25 - 12 = 13
$50,000.00 = 13x
3846.15 = x and since you have to at least break even
3847 = x
$50,000.00 = 13x
3846.15 = x and since you have to at least break even
3847 = x
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use ur brain