Multiple Choice
Use the information below to answer the following question(s) .Brian O'Neil intends to sell his customers a special round-trip airline ticket package.He is able to purchase the package from the airline carrier for $400 each.The airline intends to reimburse Brian for any unsold ticket packages.The round-trip tickets will be sold for $500 each.Brian has a tax rate of 30% on his business income.
-How many units will he need to sell in order to break-even assuming Brian incurred $10,000 in expenses to advertise the sale, and there are no other expenses?
A) 20 packages
B) 25 packages
C) 75 packages
D) 100 packages
E) 125 packages
Correct Answer:
Verified
Correct Answer:
Verified
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