Answer:
$18.60
Explanation:
Target cost:
= Sales revenue - Profit
= (No. of units sold × Selling price per unit) - (Investment require × desired return on investment)
= (20,000 × $21) - ($400,000 × 0.12)
= $420,000 - $48,000
= $372,000
Target cost per unit:
= Target cost ÷ Number of units
= $372,000 ÷ 20,000
= $18.60
Therefore, the target cost per unit is closest to $18.60.
The residual income for the Division A of Magnolia Company for an income from operations of $80,000 will be $32,000.
<h3>What is residual income?</h3>
Residual Income is the total of total income from operations less the minimum acceptable rate of return on the deployed assets for such operations over a financial period.
Using the above information, it can be ascertained that the residual income will be,
Hence, the residual income will be as computed above.
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The answer is<u> "depositors".</u>
An individual who is making a deposit with the bank is known as a depositor. The depositor is the moneylender of the cash which will be come back to him/her toward the finish of the store time frame.
A depositor (you) places cash in a banks vault, at that point the bank putts enthusiasm on it, and can utilize it in the event that it needs to. Up to a specific measure of it remains in the bank on the off chance that you need to come and withdraw.
Answer:
$32,300
Explanation:
With regards to the above, the amount of total assets is the addition of current assets + Fixed assets.
= Accounts receivables + Cash + Truck equipment
= $7,000 + $7,300+ $8,000 + $10,000
= $32,300
Therefore ,
Total assets = $32,300
Answer:
The correct answer is letter "E": influencer, gatekeeper, and decider.
Explanation:
As Mark's business is family-owned, it implies all the decisions are not made only by him. Then, in purchasing a food concession trailers he will have to let the other members of the family know about this decision.
Mark already decided Century Industries is the best option to take for the trailers but needs to influence his point of view to his family members. In other words, Mark will be the gatekeeper between his family business and Century Industries.
