Funday Park competes with Cool World by providing a variety of rides. Funday Park sells tickers at $70 per- person as a one-day entrance fee. Variable costs are S42 per person, and fixed costs are $170,800 per month Applying Sensitivity analysis of changing sales price and variable cost
Using the Funday Park information presented, do the following tasks.

Required:
a. Suppose Funday Park cuts its ticket price from S70 to $56 to increase the number of tickets sold. Compute the new breakeven point in tickets and in sales dollars.
b. Assume that Funday Park increases the variable cost from $42 to $56 per ticket. Compute the new breakeven point in tickets and in sales dollars.

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The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

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