Answer:
$685,000
Explanation:
First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:
contribution margin ratio=contibution margin/sales revenue
contribution margin ratio=16%
contribution margin required=pretax income+fixed costs
contribution margin required=$71,200+$38,400=$109,600
16%=$109,600/sales revenue
16%*sales revenue=$109,600
sales revenue=$109,600/16%
sales revenue=$685,000
Answer:
Target marketing
Explanation:
The correct answer is target marketing. It is a marketing strategy that focusses on customers who are most likely to purchase a business's good or service. Such businesses concentrate resources into meeting the needs of a narrowly defined market segment. This strategy is identified to be more profitable than allocating resources over different market segments. Since it involves understanding the specific needs of this targeted customers, this strategy determines content, look, and feel of product advertisement made for them.
Answer:
a subpoena duces tecum
Explanation:
In law, a subpoena duces tecum is a court order that requires a witness or a defendant to supply documents that are considered evidence in a court case.
The translation of duces tecum is "production of evidence" and it clearly defines its use. As any subpoena, the witness or defendant has to comply with it, or face possible time in jail and other monetary fines.