HP 20B manual Break-even Menu

Page 51

Break-even

7 Break-even

Figure 1 The Menu Map for the Break-even Menu

The Break-even Menu

To open the Break-even menu, press :!. To change the value of the displayed item, key in a number and press I. Once you have entered all known data, press <or >repeatedly to scroll to the unknown item and press

=to calculate it.

The break-even function allows you to study problems involving a profit, when a quantity of items, with a cost to manufacture and a fixed price to develop and market, is sold at a given price. See Figure 1.

Break-even Example

The sale price of an item is 300.00, the cost is 250.00, and the fixed cost is 150,000.00. How many units would have to be sold to make a profit of 10,000.00?

Table 7-1Break-even Example

Keys

Display

Description

:!

Opens the Break-even menu starting with the current value for fixed costs.

1500

00I

Inputs 150,000.00 for fixed cost.

<250

I

Inputs 250.00 for variable cost per unit.

<300

I

Inputs 300.00 for price.

<1000

00I

Inputs 10,000.00 for profit.

51

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Contents HP part number F2219-90201 First edition August HP 20b Business Consultant Financial Calculator ManualRevision History Legal NoticesRevision History Legal NoticesContents Bonds Business ProblemsTime Value of Money Cash FlowsErrors Warranty, Regulatory, and Contact InformationIndex Keyboard Map Legend FeatureFeature Chapters HP 20b Business Consultant KeyboardSelecting a Language Basic FeaturesAdjusting the Display Contrast Basic FeaturesTwo Line Display Mode Menu Setting PreferencesSetting top line Description Basic Features 1Mode Menu SettingsKeys Display Description Changing the Calculation ModeAnnunciators Key Presses and the Secondary Function KeyUsing the I and = Keys I Key= Key Reset x Menu Editing and Clearing Entries On/CE O KeyMemory and the Memory Menu Accessing Menus and Menu Maps Menu Map for the Break-even Menu Mathematical Calculations Mathematical FunctionsNumber Entry and Display Algebraic Mode Chain ModeRPN Stack Reverse Polish Notation RPN ModeLast Number U3IO1c23 I56c1 RPN Stack 3I4+5I6+ Mathematical Calculations 2Last NumberKeys Display Description RPN Stack RPN Stack and the Roll Down Operation One-Number Functions and the Math MenuKeys Description Math s MenuMenu Map for the Math Menu Probability Sub-menu Mathematical Calculations 5Math Menu ExampleIor = 7Inverse Probability Example Two-Number Functions10I 10I 12IStoring and Recalling Numbers Rounding Numbers Recall ArithmeticStoring and Recalling with Time Value of Money TVM Keys Recalling a Menu Item Value in a MenuPage Time Value of Money TVM Keys Time Value of MoneyTime Value of Money Calculating Payments on a Loan 360 N1400 00VAmortization Time Value of Money 2TVM ExampleMenu Item/Key Description 10Y 1400 00VCreating an Amortization Schedule Interest Conversion Menu Using the Interest Conversion MenuCanadian Mortgages TVM Canada 365Time Value of Money 6Interest Rate Conversion Example Page Canadian Mortgage Example O300N 6Y350 00VCash Flows Cash Flow DiagramCash Flow Example Key DescriptionCash Flow Amount 4000I 80005000I 4500I115000 Analyzing Cash FlowsCash Flows 2Cash Flow Example IRR% NPV and IRR Menu ItemsCash Flows 4NPV and IRR Example Editing Cash FlowsSample Cash Flow Diagrams Bond Menu BondsBond Menu Items 20102020 Bond Calculation ExampleBonds 2Bond Calculation Example +L1=Date Calculation Date Calculation MenuDate Calculation Example Date Calculation 1Date Calculation Example 10.3 12010Break-even Menu Break-evenBreak-even 1Break-even Example Percent Calculation Menu Business Problems35I 15I22I 20IWhat is 30% of 80? 4Part % of Total Example 80I30I Depreciation Menu Depreciation1Depreciation Methods 2Depreciation Menu ItemsDepreciation Method Description Sline Depreciation Menu Items 1000500 Depreciation ExampleDepreciation 3Straight Line Depreciation Example Menu Maps for the Data and Statistics Menus Statistical OperationsData and Stats Menus Menu Item Description Statistical Operations 1The Statistics Menu Items4I1 75I 1I1 50I2I1 65I 3I1 60IStatistical Operations 3Statistics Example 5I1 70IErrors Error Messages and Calculator Status1Error Messages Error Message Status Warranty, Regulatory, and Contact Information HP Limited Hardware Warranty and Customer CareReplacing the Batteries Customer Care Ireland 01 605 Italia 02 754 19 210 969Honduras Hong Kong 香港特別行政區 852 India +65 6100Singapore 6100 877 232495 228 01 439Avis Canadien Product Regulatory & Environment InformationModifications Canadian NoticeChemical Substances Pbde Calendar Actual, Cal.360 IndexOff calculator off