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choli [55]
3 years ago
14

Watson company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. if the company has set a target monthly i

ncome of $15,000, what dollar amount of sales must be made to produce the target income? $207,500 $170,000 $39,200 $245,000 $37,300
Business
1 answer:
qaws [65]3 years ago
8 0
The formula is:
Target sales = ( Fixed Costs + Target monthly income ) / Contribution margin ratio
Target sales = ( $83,000 + $15,000 ) / 0.4 =
= $98,000 / 0.4 = $245,000
Answer:
D ) $245,000 must be made to produce the target income.
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Naddik [55]
Unsolicited email that plagues employees at all levels and clogs email systems is also known as spam. Spam emails are typically flooding everyone within the organization, with the same message and is usually something one would not choose to receive. The majority of spam emails that are sent out are commercial advertising which takes time away from receiving other necessary emails. 
4 0
3 years ago
Mike worked for Frank's Pizza as a driver and was an agent. His duties consisted of making deliveries along a designated route.
Harrizon [31]

Answer:

B. is not liable because Mike was on a frolic of his own.

Explanation:

Mike who is a dispatch rider, decided to see his girlfriend, Jackie, who lived 50 miles off his pizza route. He had an accident while driving to his girlfriend's, and injured a pedestrian, Chuck due to his negligent driving.

Under the circumstances, Frank's Pizza isn't liable because Mike was on a frolic of his own. Mike embarking on a 50 mile drive to see his girlfriend is frolicsome and outside the scope of his employment as a delivery agent.

Hence, this will absolve his employer from any liability as he wasn't working on the designated route at the time.

8 0
3 years ago
The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

= 6%+4.8%= 10.8%

Portfolio B

6%+1.5(6%)

6%+9%= 15%

It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

4 0
3 years ago
On what does consumer’s willingness to pay depends?
allochka39001 [22]

Answer:

It depends on a number of things. The quality of the product, the reviews of the product, or maybe just to feel cool.

6 0
3 years ago
Which budgeting method takes a bottom-up approach by defining specific objectives, determining the tasks needed to achieve these
KATRIN_1 [288]

Answer:

The bottom-up budgeting is a budgeting method where individual departments or business units prepare their own budgets and them send it upwards (to upper management) for approval or modifications.

The main advantage of this budgeting method is that the focus is set on each department's objectives instead of a predetermined amount set by upper management.

6 0
3 years ago
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