Answer:
So the amount of sales needed will be $144000
Explanation:
We have given selling price per unit =$8
Variable cost per unit = $4.90
Contribution margin per unit = 8-4.90=$3.1
Contribution margin Ratio = ![\frac{contribution\ margin}{sales}=\frac{3.1}{8}=0.3875](https://tex.z-dn.net/?f=%5Cfrac%7Bcontribution%5C%20margin%7D%7Bsales%7D%3D%5Cfrac%7B3.1%7D%7B8%7D%3D0.3875)
Fixed costs = $37200
Target profit= $18600
Required Sales amount to earn the desired profit = ![\frac{Fixed costs + Target net income}{Contribution Margin Ratio}](https://tex.z-dn.net/?f=%5Cfrac%7BFixed%20costs%20%2B%20Target%20net%20income%7D%7BContribution%20Margin%20Ratio%7D)
![=\frac{37200+18600}{0.3875}=$144000](https://tex.z-dn.net/?f=%3D%5Cfrac%7B37200%2B18600%7D%7B0.3875%7D%3D%24144000)
I just needed some points to figure things out i don’t do anything else
Answer:
e. None of the above
Explanation:
The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.
If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.
In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.
Considering the functions and operations of the organizations, The NYSE is an example of a(n) <u>Organized</u> exchange while NASDAQ is an example of a(an) <u>Over the Counter</u> market.
NYSE is an acronym for the <u>New York Stock Exchange.</u> It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.
On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market
Hence, in this case, it is concluded that the correct answer is option A. "<u>Organized; over-the-counter."</u>
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The correct answer is; October 1st and September 30th.
Further Explanation:
There are approximately 3 types of fiscal years. They are;
- Business
- Federal
- Non-profit
The federal fiscal year always starts on October 1st and will end on September 30th the following year. These are divided into four quarters each year. This will cover a 12 month calendar year.
A fiscal year can contain 365 or 366 days depending if there is a leap year. This is used as a starting place to start commencing your record keeping in order and when to conclude for the year.
When keeping financial records numerous things needs to be kept for the following year. Some of the things that needs to be kept are; precise records, receipts, contracts, check stubs, and the budget used.
Learn more about the fiscal year at brainly.com/question/13648773
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