Answer:
Lucky Enterprises Income statement
Amount in $ Amount in $
Revenue 122,100
Operating expenses:
Salaries and Wages Expense 83,300
Rent Expense 22,400
Supplies Expense 5,500
Insurance Expense 3,700
Interest Expense 800
Bad Debt Expense 900
Depreciation Expense <u> 2,100</u>
<u> </u><u>(118,700
)</u><u> </u>
Net Income/(loss) <u> </u><u>3,400</u><u> </u>
Explanation:
The income statement is the statement that shows if an organization made a net income or loss from its operations over a period of time.
It shows the sales and expenses of the organization.
Answer:
1) $45
2) 0.2 or 20%
3) BEP units: 7,200
4) BEP dolars 1,620,000
Explanation:
225 sales revenues - 180 variable cost = 45 margin per unit
contribution margin ratio:
margin per unit / sales revenue per unit
45 / 225 = 0.2
break even:
324,000 / 45 = 7,200 units
342,000 / 0.2 = 1,620,000
Answer:
senior citizens
Explanation:
Every business product or service is done to cater the need of particular segment. According to marketing strategy of segment, targeting and positioning(STP) concept of marketing.
Segment is people who wish to visit the temple.
target is elderly people who are widow.
Hence the audience addressed in this scenario is senior citizen while if one wants to be more precise the audience can be said as widow senior citizens.