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Lerok [7]
3 years ago
13

The required sales in units to achieve a target net income is:___________ (sales target net income)

Business
1 answer:
a_sh-v [17]3 years ago
3 0

Answer:

<u>3. divided by contribution margin per unit. (sales target net income</u><u>)</u>

<u>Explanation</u>:

In calculating the sales level in units needed to achive a certain net target income, this formula is applied:

Fixed cost + Targeted Income/Contribution margin per unit

<u>Fixed cost:</u> are all the cost that remains constant or unchanged for a longer period of time such as cost of rent, interest payments etc.

<u>Contribution margin per unit: </u>this refers to the difference between the selling price per unit and the variable cost per unit. This portion of the sales revenue covers (contributes to) the fixed costs.

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Starbucks sometimes offers a promotion known as the "treat receipt." Patrons purchase a drink of their choice in the morning and
bagirrra123 [75]

Answer:

The correct answer is C) increasing a product's use by existing customers.

Explanation:

Starbucks is a world-renowned company, and what it seeks precisely with this campaign is not precisely to create new clients. This company tries to retain its existing customers with a highly effective loyalty campaign, however, this practice may also achieve an effect not directly related to its mission: to attract new customers.

7 0
3 years ago
During August 2018​, Bingham Company recorded the​ following: bullet Sales of $ 68 comma 900 ​($ 55 comma 000 on​ account; $ 13
Paraphin [41]

Answer:

Explanation:

Direct Method  

Aug

a

Dr Accounts Receivable 55,000

Dr Cash 13,900

   Cr Sales  68,900

b

Dr Cash 45,100

    Cr Accounts Receivable  45,100

c

Dr Bad Debt Expense 1,680

    Cr Accounts Receivable  1,680

d

Dr Accounts Receivable 300

    Cr Bad Debt Expense  300

Dr Cash 300  

   Cr Accounts Receivable  300

Allowance Method  

a

Dr Accounts Receivable 55,000

Dr Cash 13,900  

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b

Dr Cash 45,100

    Cr Accounts Receivable  45,100

c

Dr Allowance for Doubtful debts 1,680  

   Cr Accounts Receivable      1,680

d

Dr Accounts Receivable 300  

   Cr Allowance for Doubtful debts  300

Dr Cash 300  

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8 0
3 years ago
Cathy's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cathy's enters into an agreem
alexandr1967 [171]

Answer:

a requirements contract.

Explanation:

A requirements contract is made between a company and one of its suppliers or vendors. In that contract, the supplier or vendor agrees to supply a certain amount of goods or services that the company requires, in exchange the company will only purchase the goods or services from that specific supplier or vendor.

8 0
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Of the following types of administrative professionals, which one can expect to earn the highest salary?
krok68 [10]

Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.

The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.

7 0
3 years ago
Calculating the Amount for a Home Equity Loan. A few years ago, Michael Tucker purchased a home for $100,000. Today the home is
e-lub [12.9K]

Answer:

The maximum amount that Michel can borrow is 70,000 dollars.

Explanation:

Please see attachment .

3 0
3 years ago
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