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ruslelena [56]
3 years ago
13

suppose company has a 32% income tax rate, a contribution margin ratio of 45% and fixe costs of 664,000. what sales volume is ne

cessary to achieve and after tax income of 136000
Business
1 answer:
Sloan [31]3 years ago
5 0

Answer:

$1,777,777.78

Explanation:

The computation of the sales volume needs to be achieved is shown below:

Sales volume is

= Fixed cost + after tax income ÷ (contribution margin ratio)

= ($664,000 + $136,000) ÷ (0.45)

= $1,777,777.78

We ignored the income tax rate as there is no need in the computation part

By using the above formula, it can be determined in an easily manner

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The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and g
mihalych1998 [28]

Answer:

Exchange of purpose

Explanation:

The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and goals is called Exchange of purpose

7 0
3 years ago
Which country listed has the highest human development ranking?
andreyandreev [35.5K]

Answer:

The answers to all 3 questions are:

1. Norway

2. China and India

3. Afghanistan

Explanation:

Just completed the 2020 Edge Assignment

7 0
3 years ago
Read 2 more answers
Kamiar owed Rubio $5,000, which was due in one year. There was no dispute that a debt existed and no dispute over the amount. Ho
aleksley [76]

Yes, Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.

<h3>What is an agreement in contract?</h3>

In contract, an agreement is an element of what makes a contract valid. When an agreement is breached, then, the aggrieved party have a right to void the contract.

In conclusion, the answer is yes because Rubio will be able to successfully sue and collect the $1,000 later because their agreement was not fulfilled.

Read more about agreement

<em>brainly.com/question/997952</em>

7 0
2 years ago
not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
arsen [322]

Answer:

$14,900

Explanation:

not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.

Here,

Investment                                   Fair value (end of year)

Stock A (100 shares)                                     $51

Stock B (200 shares)                                    $49

Stock A = (100 * 51) = $5,100

Stock B = (200 * 49) = $9,800

Total Investment fair value at end of year = $14,900

$14,900 will be the amount reported in stock investments in the year-end statement of financial position.

3 0
2 years ago
Elway Company purchases land for $85,000 cash. Elway assumes $2,500 in property taxes due on the land. The title and attorney fe
defon

Answer:

c. $90,700

Explanation:

The computation of the cost of the land is shown below:

= Purchase cost of land + property taxes + attorney fees + land graded cost

= $85,000 + $2,500 + $1,000 + $2,200

= $90,700

We added the property taxes, attorney fees, and the land graded cost to the purchase cost of the land. We do not include the parking lot expenses

3 0
3 years ago
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