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4 years ago

5

You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,

000,000, what is your share?
A. $180,000
B. $190,000
C. $200,000
D. $210,000

1 answer:

GarryVolchara [31]4 years ago

3 0

I think ty best answer would be b.

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Answer:

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Explanation:

From the information provided, you can ue the following formula to find the price that Jacki will need to reach her target profit of $60,000 per year:

Profit= sales-Variable costs-fixed costs

The sales are equal to the quantity sold for the price per unit and the variable costs are equal to the quantity sold for the variable cost per unit.

Then, the statement says that the sells will increase 25%, so:

10,000*1.25= 12,500

Now, you can replace the formula and isolate the price per unit to find the answer:

Profit= 60,000

Sales= 12,500

Variable costs per unit= 20+8= 28

Fixed costs= 80,000

60,000= (12,500*p)- (12,500*28)-80,000

60,000= 12,500p-350,000-80,000

60,000=12,500p-430,000

60,000+430,000= 12,500p

490,000=12,500p

p=490,000/12,500

p= 39.2

If Jacki increases the quality of the stones, she will need to charge $39.2 to attain her target profit of $60,000 per year.

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