A company has annual fixed costs of birr 14,000. In 1996 sales amounted to birr 60,000 as compared with birr 45,000 in 1995 and profit in 1996 was birr 4,200 higher

than in 1995.

i. At what level of sales does the company breakeven?

ii. Determine profit or loss on a forecast sales volume of birr 80,000

iii. If there is a reduction in selling price in 1997 by 10% and the company

desires to earn the same profit as in 1996, what would be required sales

volume? ​

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer; capital structure decision;

answer; personality;

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;