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jek_recluse [69]
3 years ago
13

Question Help The following information pertains to the Flying Fig​ Corporation: Total Units for information given ​7,000 Fixed

Cost per Unit ​$100 Selling Price per Unit ​$450 Variable Costs per Unit ​$150 Target Operating Income ​$300,000 How many units need to be sold in order to reach the target​ profit? A. ​3,333 units B. ​1,000 units C. ​6,667 units D. ​2,333 units
Business
1 answer:
Kipish [7]3 years ago
6 0

Answer:

You can simply calculate by the following formula:

Target Profit= Target Operating Income/(Sales Price-Variable Cost)

Answer is B

Explanation:

T.P= 300,000/(450-150)

T.P= 300,000/300

T.P= 1000

You might be interested in
Klamath+corporation+has+asset+turnover+of+3.5,+a+profit+margin+of+5.2%,+and+a+current+ratio+of+0.5.+what+is+klamath+corporation'
NARA [144]

Klamath corporation has insufficient information to find ROE.

Return on equity (ROE) is the degree to of an agency's internet earnings are divided by using its shareholders' equity. ROE is a gauge of a corporation's profitability and how successfully it generates one's income. The better the ROE, the higher an employer is at changing its fairness financing into income.

ROE is used while evaluating the monetary performance of agencies within the identical enterprise. it's far a measure of the capability of management to generate earnings from the equity available to it. A go-back of between 15-20% is considered good.

The return on equity is a degree of the profitability of an enterprise with regard to fairness. Because shareholder's equity may be calculated with the aid of taking all belongings and subtracting all liabilities, ROE also can be the idea of a return on belongings minus liabilities.

ROE=Profit margin*Total asset turnover*Equity multiplier

Hence since Equity multiplier data is not given.

Learn more about ROE here: brainly.com/question/26849182

#SPJ4

4 0
1 year ago
Which statements are false? Money comes in different forms. Money is indivisible.
Papessa [141]
Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent
8 0
3 years ago
Read 2 more answers
Match the descriptors with the leadership theory it best represents.
stich3 [128]

Answer:

a pic and send it to you and your name

7 0
2 years ago
Why would the threat of a takeover motivate a manager to act in stockholders' interest?
777dan777 [17]

Running the firm well and acting in the stockholders' interest makes the firm a less attractive takeover target, to begin with.

<h3>Who are Stockholders?</h3>
  • A shareholder of a corporation is an individual or legal entity that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation.
  • Shareholders may be referred to as members of a corporation.
  • As noted above, a shareholder is an entity that owns one or more shares in a company's stock or mutual fund.
  • Being a shareholder (or a stockholder as they're also often called) comes with certain rights and responsibilities.
<h3>Which of the following mechanisms is used to motivate managers to act in the interests of shareholders? </h3>
  • The threat of a takeover

To learn more about it, refer

to brainly.com/question/24448358

#SPJ4

3 0
1 year ago
Eliza has the opportunity to receive $15,000 in four years. Assume the annual interest rate is 10%, what is the present value?
KonstantinChe [14]

Answer:

$10,245.20

Explanation:

The present value by the Eliza shall be determined through below mentioned formula:

Present value=Future value(1+i)^-n

In the given question

Present value=?

Future value= Amount that the Eliza will receive after four years=$15,000

i=interest rate involved=10%

n=number of years after which the $15,000 will be received=4

Present value=$15,000(1+10%)^-4=$10,245.20

3 0
3 years ago
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