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bonufazy [111]
3 years ago
15

Question 5: DuckThat! is a brand of prank tool boxes. A retail box from DuckThat! costs $18.50, and a wholesale carton of 5 boxe

s costs $90. If 45% of the target sales of $2,700,000 is already coming from retail sales, how many boxes would have to be sold through wholesale?
Business
1 answer:
Andre45 [30]3 years ago
4 0

Answer:

It will need to sale 16,500 boxes of 5 boxes each

the total boxed sales through wholesales will be 82,500

Doing so, will achieve the sales target of 2,700,000

Explanation:

sales target: 2,700,000

retail sales fulfil 45% of 2,700,000  = 1,215,000‬

wholesale target 2,700,000 - 1,215,000 = 1,485,000‬

each carton of 5 boxes cost 90:

1,485,000 / 90 = 16500

It will need to sale 16,500 cartyon of 5 boxes each

total boxes: 16,500 x 5 = 82,500

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Answer:

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Now the major factor i.e contributed to the growth of IMC because of excessive use of cards i.e debit card and credit card for online shopping or for any other purpose

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3 years ago
When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the fi
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Answer:

When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the first year usually is determined by measuring Costs incurred in the first year, divided by estimated total costs for the completed project

Explanation:

The percentage of completion method of revenue recognition is a concept in accounting that refers to a method by which a business recognizes revenue on an ongoing basis depending on the stages of a project’s completion.

In other words, the percentage of completion method is used for longer-term projects and recognizes revenue and expenses as a percentage of the project’s completion during the period.

3 0
3 years ago
According to the definition of market value, what should an appraiser do if there are special or creative financing terms presen
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According to the definition of market value an appraiser should ignore the concessions, complete the appraisal, and select appropriate comparables if there are special or creative financing terms present for the subject property.

<h3>What is market value?</h3>
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7 0
2 years ago
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Answer:

You should "Debit" one account in your general ledger and "Credit" another.

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8 0
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Answer:

a. In excess of .95

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c.Not in excess of .75

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