You are evaluating a pitch, and the founder says his product has a gross margin of $45 per unit and he has fixed expenses of $50,000. What is his break-even sales volume?

Emily sold the following investments during the year: stock date purchased date sold sales price cost basis a. 1,000 shares dot com co. 03-21-2007 02-04-2018 $20,000 $5,000 b. 500 shares big box store 05-19-2017 01-22-2018 $8,200 $7,500 c. 300 shares lotta fun, inc. 10-02-2017 09-21-2018 $3,000 $4,500 d. 700 shares local gas co. 06-17-2017 11-11-2018 $14,000 $17,000 for each stock, calculate the amount and the nature of the gain or loss.

In a chapter 7 bankruptcy, a debtor:

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak