A company needs to sell 90,000 units to reach the target profit of $180,000. if each unit sells for $7. 50, the total sales dollars needed to reach the target profit is $
Answers
The target profit is $675,000.
To find the total sales dollars needed to reach the target profit of $180,000 by selling 90,000 units at $7.50 each, follow these steps:
1. Determine the number of units needed to be sold: 90,000 units
2. Identify the selling price per unit: $7.50 per unit
3. Multiply the number of units by the selling price per unit: 90,000 units * $7.50 per unit
The total sales dollars needed to reach the target profit is $675,000.
Target profit is the expected amount of profit that the managers of a business expect to achieve by the end of a designated accounting period. The target profit is typically derived from the budgeting process and is compared with the actual outcome in the income statement.
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Related Questions
based on her current balance, how much credit does this cardholder have available to use?
A: 0
B: about 500
C: about 1600
D: 2100
Answers
Answer: about $1,600
Explanation:
i just took that test lol
Why is it necessary for agricultural practices to continue changing?.
Answers
It is important for agricultural practices to continue changing so as to;
Increase agricultural produce.What is agricultural practices?agricultural practices are techniques that are used in cultivation of crops and rearing of animals.
With the evolvement of different techniques in agriculture, such as usage of machinery and cross breeding there has been increase in production of goods and animals.
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What is the effect of an indirect tax and a subsidy on the price of the commodity?
Answers
A tax imposed on the sale of a good is known as an indirect tax, and examples include sales taxes and value-added taxes (VAT). A commodity's price will normally increase by an amount equal to the tax when an indirect tax is put on it.
For instance, if an indirect tax of 10% is applied to a product with a price of $100, the price of the commodity will rise to $110.
A government subsidy is a monetary aid given to a particular business or sector. Producers or consumers may get subsidies, which can be in the form of grants, loans, or tax advantages.
Whether a subsidy is given to producers or consumers will determine how it affects the price of a commodity. If producers get the subsidy, it may lower their production costs, which may result in a drop in the price of the good.
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5. What is one benefit of having a career as opposed to a job?
A:advancement
B:money
C :ability to pay bills
D :extra education
Answers
A.advancement
Answer:
the answer is A: advancement
Explanation:
I took the quiz and got 100% and the only other one that make sense is money but you get money from a job
(exhibit: a perfectly competitive firm in the short run) the firm will shut down in the short run if the price falls below:
Answers
In a perfectly competitive market, a firm will shut down in the short run if the price falls below the minimum average variable cost (AVC). The minimum AVC represents the point at which the firm is unable to cover its variable costs and would incur greater losses by continuing to operate.
In the short run, a firm has both fixed costs and variable costs. Fixed costs are expenses that do not change with the level of production, such as rent or equipment costs. Variable costs, on the other hand, vary with the level of production, such as labor or raw material costs.
If the price of the product falls below the minimum AVC, it means that the firm cannot cover its variable costs, let alone its fixed costs. In such a situation, the firm would minimize its losses by shutting down and not producing any output. By shutting down, the firm avoids incurring further variable costs and limiting its losses to the amount of its fixed costs.
Therefore, in a perfectly competitive market, a firm will shut down in the short run if the price falls below the minimum AVC.
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Briefly discuss the role of operations management.
Answers
Hope this helps!
Have a great day!
three years ago, you invested $3,200. today, it is worth $3,950. what rate of interest did you earn?
Answers
At the time of your initial investment, you earned an effective rate of interest of 3.9% per year.
To calculate this, we take the final value of the investment,$,950, and abate the original investment,$,200. This gives us a total gain of$ 750. also, we divide this total gain by the original investment,$,200. This gives us a decimal number of.234. We also multiply this decimal by 100 to get a chance of23.4. Eventually, we divide this chance by the number of times the investment was held, 3 times.
This gives us an interest rate of3.9 per time. Compounding interest is when interest is earned on the original investment and on any former interest earned. This is why in numerous cases, investments can earn advanced returns than their stated interest rate.
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if the firm has 200,000 common shares outstanding, its earnings per share eps is what while it's dividends per share dps s what
Answers
The firm having common shares would then have earnings per share as $2.50 and dividends per share as $0.50.
For instance, if the business generated a net income of
$500,000 and paid dividends of $100,000,
the EPS would be
$500,000 / 200,000
\( \frac{500000}{200000} \)
= $2.50
and the DPS would be $100,000 / 200,000
\( \frac{100000}{200000} \)
= $0.50.
A financial measure called earnings per share (EPS) is computed by dividing a company's net income by the total number of outstanding common shares. It displays the profit generated by a business for each share of its stock.
A financial ratio called dividends per share (DPS) is computed by dividing a company's total dividend payments by the number of outstanding ordinary shares. It displays the dividend amount paid by a firm for each share of its stock.
You would need to know the company's net income and total dividends paid in order to compute the EPS and DPS for a corporation with 200,000 outstanding common shares. These numbers can then be multiplied by 200,000 to yield the EPS and DPS, respectively.
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An investor deposits $5,000 into an account that pays 4% compounded continuously, and then deposits money into the account continuously at a rate of $3.000 per year. How much will be in the account after yours? After 9 years the account balance will be approximately
Answers
A investor deposits $5,000 into an account 9 years, the account balance will be approximately $7,166.65.
To calculate the account balance after 9 years, to use the formula for continuous compound interest:
A = P × e²(rt),
where:
A = the final amount (account balance)
P = the initial deposit3
e = the base of the natural logarithm (approximately 2.71828)
r = the interest rate (as a decimal)
t = the time period (in years)
Given:
Initial deposit (P) = $5,000
Interest rate (r) = 4% = 0.04 (as a decimal)
Time period (t) = 9 years
Using the formula, calculate the balance after 9 years:
A = 5000 × e²(0.04 × 9)
A = 5000 × e²0.36
Using a calculator,
A = 5000 × 1.433329...
A = $7,166.65
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When you are in a conflict with another person, it is important to remember:
OA.
That you are right and he is wrong.
O B.
All the negative things the other person has said or done to you.
O C.
That you also helped create the conflict.
OD.
That it is your right to control your friends.
Answers
How does industrial education affect industries?
Answers
Answer:
Industrial education will help student to know and understand industry demand. ... First, adaptability is a skill will help students to know and understand industry work and world, such as how to use technology, follow all industry SOP, all new chalanges industry, etc. Second, communication is an important skills to had.
A quality control procedure at a manufacturing plant involves randomly selecting five items and accepting a whole lot of at least four of the five items are in perfect condition. From past experiences 59.049% of whole lots are perfect. What is the probability that the next lot will be excepted?
Answers
Answer:
0.32072
Explanation:
Given that :
Number of items selected, n = 5
P(x ≥ 4)
Using binomial relation :
P(x =x) = nCx * p^x * (1 - p)^(n - r)
p = 0.59049 ; 1 - p = 0.40951
P(x ≥ 4) = P(4) + P(5)
P(x = 4) = 5C4 * 0.59049^4 * 0.40951^1 = 0.24893
P(x = 5) = 5C5 * 0.59049^5 * 0.40951^0 = 0.07179
P(x ≥ 4) = P(4) + P(5)
P(x ≥ 4) = (0.24893 + 0.07179) = 0.32072
Imagine that you are working at a clothing or grocery store, and answer the questions below about inventory and merchandising for the store.
Answers
Answer:
B. To help determine how much inventory to keep in stock of each item in the outlet, I would consider two factors. The first one is the certain amount of each item type in the first week - determining the number of each items input in the stock to be the original data to compare. The second is the number of items sold and still on stock. This would help determine invetory to keep in stock.
B. If I was running a store, I would prefer to use the pick up at store buying method. There would be cashier at the register to check the products and bills as well as receive money from the customers. This is the traditional and still always the most common methods. As the fact that people nowadays still like shopping in physical store, this is definitely the most effective method.
C. The inventory control method I would use when operating a store is to adopt modern technology like bar code to control the inventory stock. By using this technology, I would need to consider the bar code for each type and establishing software to automatically input the information about the number of items sold and in stock. With inputting the number of total items at the beginning and giving each item its corresponding bar code, the sales or number of stock would be tracked by the software.
D. An example of two commodities to be displayed together at store is pencil and rubber. Pencil and rubber undoubtedly are complementary products of each other. Complementary products are made to be used together. Each item requires the other for their complete uses. This is also the case of Rubber and Pencil and each item would not be fully used without the presence of the other.
Explanation:
the cost of beef at the local butcher is more expensive than at a grocery chain store. which of the statements describes why the grocery chain store can charge less for beef? more land is needed for concentrated animal feeding operations. the meat at the grocery chain store is hormone and antibiotic free. the supplier that sold the beef to the grocery chain store utilized free-range grazing for the herd of cattle. the supplier that sold the beef to the grocery chain store utilized feedlots for the herd of cattle.
Answers
More land is required for concentrated animal feeding operations, according to the statement that describes how the grocery chain store can charge less for beef. Option A is correct.
What is the significance of Grocery chain?A grocery store, grocery shop, or simply grocery is a store that sells a wide variety of food products, either fresh or packaged. However, in everyday American usage, “grocery store” refers to a supermarket and is not used to refer to other types of stores that sell groceries.
According to the statement describing how the grocery chain store can charge less for beef, more land is required for concentrated animal feeding operations.
Therefore, option A is correct.
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what is business ? please tell us
Answers
Answer:
Noun, a person's regular occupation, profession, or trade.
Explanation:
Why is it a good idea to be organized in the workplace?
Answers
It is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
What is workplace?A workplace is described as a place where an employee or a manager carries out projects, tasks, and jobs. It is important to mention that workplaces are the areas that are located inside a building or can be outside an office building.
An organized workplace means that everything in the workplace is kept in its respective places, and everything is very neat and clean. Such an organized workplace will allow the managers and the employees to focus entirely on the work and be more productive and efficient.
It can be concluded that it is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
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Having an accountability partner can be a powerful motivator when
trying to implement new habits in your life.
Answers
Answer:
The given statement is "True". A further explanation is given below.
Explanation:
An accountability partner could be compared to something like a working relationship during which you permit to apprentice each other rather than provide constructive criticism mostly on appropriate period. Collaborating with either the responsibility partner could indeed help you create daily behaviors. Unconsciously, living creatures also have to be squeezed to start up making coordinated actions along the lines of their objective.Accomplishing your scoring opportunity would become a hardship if you're separated from your group.
What is the goal of using a personal budget?
O A. To save for your future financial goals
B. To reduce your tax burden
C. To eliminate your
fixed
expenses
O D. To maximize the return on your investments
Answers
Answer:
to save for ur future financial goals
Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Answers
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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An oral contract may be enforceable if the person making the promise could foresee that the promisee would rely on the promise.
a. true
b. false
Answers
This statement is true.
An oral contract is a type of business contract that is outlined and agreed upon through oral communication, but not written down. Although it can be difficult to prove the terms of an oral contract in the event of a breach, this type of contract is legally binding.
An oral contract is an agreement entered into by two or more parties orally or on verbal terms only. For example, if a contractor comes to your house and says it will cost him $10,000 to remodel a bathroom, and you both agree on the terms of the remodel, you have a deal.
Oral contracts are generally enforceable as long as the basic elements of the contract are in place. That is offers, acceptances, exchanges of consideration, and disagreements regarding the specific terms of a contract. You do not have to agree to non-mandatory terms and conditions to make an oral contract enforceable
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if the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called a bond.:
Answers
Answer:
2 is a global measure taken to prevent wastage of water from the point of view of the spectator as well as the player of the earth to the ground in the coastal regions prevents the seawater immersion into the freshwater of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the following are types of motivation to help the muscles of the
Kent works in the public relations department of his company. He sends a news release about a new product offering to several newspapers and television stations. Kent knows from past experience that even when the media use his news releases, they often release the information at inopportune times. They will also sometimes cut out what Kevin believes are the most important points to make the news fit. However, Kent accepts these disadvantages because free publicity offers the advantage of
Answers
Answer:
The answer is "credibility".
Explanation:
In this scenario, free advertising offers a reputation benefit. When this journal advertises openly, it's also considered reliable by the targeted customers like, it is in news form while charging something. Therefore, Kent finds that improper transmission of time information to be a drawback since it recognizes that its product and company would still be credible.
People are known to have different qualities. Kent accepts these disadvantages because free publicity offers the advantage of Credibility.
Credibility is known to be a characteristic of an individual who is said to be noted by others to be a trusted advisor, believable, and confident as they tend to show a high level of expertise in a specific field.A lot of traits are said to be of influential behaviors are known to be linked with with high credibility. Kent acceptance shows that free publicity gives some measure of Credibility.
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Producers use resources to make things that are needed by others.
a. True
b. False
Answers
Vizio, manufacturer of TVs among other products, used to sell through Sam's cub and Walmart only; now Vizio has created a website to sell directly to customers. What type of integration has Vizio implemented
Answers
The type of integration that Vizio has implemented is known as the Forward Integration.
What is forward integration?Forward integration involves a company owning the distribution system or directly selling to consumers.
Forward integration is a form of downstream vertical integration.
Thus, the type of integration that Vizio has implemented is known as Forward Integration.
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define finance education for class 8
Answers
Invest in what you know than what you don’t know:
I need 3-4 sentences on this PLEASE HELP ME
Answers
I pulled this out my ašš hope it helps :)
In general, courts will not enforce a contract in which the offer states that the offeree's failure to respond will be considered an acceptance of the offer. True or False True False
Answers
The statement in general, courts will not enforce a contract in which the offer states that the offeree's failure to respond will be considered an acceptance of the offer is true. The general rule of contract law requires that an offer be accepted in the same form as it was made. Contrary to popular belief, the parties are not bound by a counteroffer.
Which is a qualified or conditional acceptance of an offer. a legal agreement designed to prevent the offeror from withdrawing their offer for a specified period of time. In India, when parties are distant and communicating an offer and acceptance via telephone or telex, the place of completion of the contract is the place where the offeree speaks to the offeror to express his acceptance of the offer.
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Which is a type of checking and savings account that is issued by financial institutions and investment firms that has a higher yield than simple savings accounts, but with some restrictions based on minimum amounts withdrawn
Answers
Answer:
Money Market Account
Explanation:
what is the best way for a certifying officer to prevent pecuniary liability?
Answers
By only certifying travel documents that are legal, proper, and correct.
Which type of tax is paid by businesses on their profits to federal or state governments?
Answers
The type of tax paid by businesses on their profits to federal or state governments is called corporate income tax.
Corporate income tax is a tax levied on the profits earned by businesses, including corporations, partnerships, and certain types of sole proprietorships. It is imposed by both federal and state governments and is based on the net income or profits generated by the business during a given tax year.
Businesses are required to calculate their taxable income by deducting allowable expenses and deductions from their total revenue. The tax rate applied to the taxable income varies depending on the jurisdiction and can differ between federal and state levels.
Corporate income tax serves as a significant source of revenue for governments, helping fund public services, infrastructure development, and other governmental functions. The tax is typically administered by tax authorities, who establish guidelines and regulations for businesses to comply with regarding the calculation and payment of corporate income tax. Overall, corporate income tax is the specific type of tax paid by businesses on their profits to federal or state governments, playing a crucial role in funding government operations and services.
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