When I buy a $12.00 movie ticket rather than two paperback books, the

Locus Company has total fixed costs of $121,000. Its product sells for $67 per unit and variable costs amount to $57 per unit. N

Trava [24]

Answer:

13,915 units

Explanation:

With regards to the above, we need to determine first the target or desired profit.

Desired profit = $121,000 × 15% = $18,150

The next step is to calculate the contribution margin, which is the difference between selling price and variable cost.

Contribution margin = Sales - Variable cost

Contribution margin = $67 - $57

Contribution margin = $10 per unit

Target sales is therefore;

Target sales = (Fixed cost + Target profit) / Contribution margin

Target sales = ($121,000 + $18,150) / $10

Target sales = $139,150 / $10

Target sales = 13,915 units

8 0

3 years ago

Andrew Carnegie and John D. Rockefeller:

Damm [24]

D. We’re both immigrants

4 0

3 years ago

1. Women are directly fitted for acting as the nurses and teachers of our early childhood by the fact that they are themselves c

Anni [7]

Answer:

this is a problem question because it pushes the stereotype that women are supposed to be nurturing and gentle. The text also uses very problematic language when describing the actions of women calling them childish, frivolous and short-sighted.

8 0

3 years ago

Financial managers focus on _____, the inflow and outflow of cash. Group of answer choices cash flows revenue streams sales reve

lesya692 [45]

Financial managers focus on option(a)i.e, cash flow the inflow and outflow of cash.

A payment (in a currency), notably from one central bank account to another, is referred to as a cash flow. the word "cash flow" is typically used to represent payments that are anticipated to occur in the future, are therefore unknown, and require cash flow forecasting;

To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow:

cash flow from operating operations,
cash flow from investing activities,
cash flow from financing activities.

Accounting professionals' financial accounts and other data are used by financial managers to make financial decisions. The inflows and outflows of cash are the main focus of financial management. They organize and track the company's financial flows to make sure there is money on hand when it is required.

A financial manager's primary responsibility is to assess an organization's efficiency through effective resource allocation, acquisition, and management. It offers direction for financial planning. It aids in obtaining funding from many sources. It aids in making wise financial investments.

To know more about financial manager refer to: brainly.com/question/28119918

#SPJ1

4 0

2 years ago

If repossessed collateral is sold or otherwise disposed of by the creditor, then the time, place, manner, and method of disposal

yuradex [85]

Answer:

d. commercially reasonable.

Explanation:

In the case when the collateral i.e. repossessed is sold and disposed off by the creditor so the time, place and the method for selling or disposal should be commercially reasonable i.e. it can be measured in monetary terms so that everyone could aware of the price at which it is disposed off

Therefore the option d is correct

8 0

3 years ago