1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
4 years ago
10

The following data are available for the Northwestern Division of Dempsey, Inc. and the single product it makes. Average operati

ng assets $3,000,000
Annual fixed costs 560,000
Unit selling price 40
Variable cost per unit 24
How many units must the division sell each year to achieve an ROI of 16%?
Business
1 answer:
balandron [24]4 years ago
5 0

Answer:

65,000 units

Explanation:

Let the number of units be sold = x

Operating Income= Sales- Variable cost – Fixed Cost

Operating Income = 40x - 24x - 560,000

Operating Income = 16x - 560,000

Return on Investment = Operating Income / Net Operating Assets  

16% = (16x - 560,000  )/ 3,000,000

480,000 = 16x - 560,000

16x = 480,000 + 560,000

16x = 1,040,000

x = 65,000 units

You might be interested in
The Gold Standard Act of 1900 ended the standard known as
iVinArrow [24]

The gold standard of the 1900 ended the system that is known as the practice of bimetallism.

The gold standard act of the year 1900 was signed by President McKinley. This made gold to be the singular basis for the redemption of paper money in the United States.

This signing by the president was what put  halt to what was regarded as bimetallism. This was the system that also allowed the use of silver also for the sake of monetary purposes.

Read more on brainly.com/question/1540408?referrer=searchResults

4 0
3 years ago
(a) Echo Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery e
Ierofanga [76]

Answer:

(A)

accumualted depreication equipment 41,000 debit

                          equipment                   41,000 credit

(B)

accumualted depreication equipment 37,200 debit

loss at disposal                                        3,800 debit

                          equipment                   41,000 credit

Explanation:

to retire the equipment itt will write-off their equipment account

if the accumulated depreication matches the book value then there will be no loss at disposal while if lower a loss will be recognized.

(a) 41,000 book value - 41,000 depreciation = 0 no loss

(b) 41,000 - 37,200 = 3,800 loss at disposal

8 0
3 years ago
Which of the following is not a physical surroundings factor influencing buying decisions? a. Time b. Sounds c. Scents d. Lighti
Tamiku [17]

Answer:

a. Time

Explanation:

Physical surroundings factor is a category of marketing situational influence . It involves visible things that play apart in influencing customers to either buy or not buy a good or a service. It includes scents, sounds (music played in a particular store) , lighting( the brighter, the better as it makes people to makes people decide practically)  and the weather (wetter months influences people to buy sweaters, umbrellas & jackets and on summer, people are more likely to buy bikinis, vests, sandals etc.).

7 0
4 years ago
Last month the balance on your credit account was $785. Your new balance is $540. What percent of your total balance did you pay
il63 [147K]

Answer:

31.21%

Explanation:

The balance last month was $785

The new balance is $540

It means a payment of  $785- $540 was made

=$785 - $540

=$245

As a percentage

=$245/$785 x 100

=0.3121 x 100

=31.21%

8 0
3 years ago
Read 2 more answers
What would happen if one of the factors of production was missing
dmitriy555 [2]
Production would cease. i hope this helps you (;
7 0
3 years ago
Read 2 more answers
Other questions:
  • Ben and Leah are planning their 30-year wedding anniversary and are considering taking a 4-day trip to Alaska. How much will the
    11·2 answers
  • In the broadest sense, economics studies the choices that
    9·1 answer
  • Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede
    6·2 answers
  • Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
    8·1 answer
  • According to the graph, how do expansionary fiscal policies affect the economy? a. The government decreases spending to save mor
    11·1 answer
  • Your company emphasizes the important of conserving (not wasting)
    9·1 answer
  • Overhead Application, Overhead Variances, Journal EntriesPlimpton Company produces countertop ovens. Plimpton uses a standard co
    7·1 answer
  • (a) Explain the quantity theory and<br>(b) how does the theory explains the cause of inflation​
    9·1 answer
  • landmark inc. is a multinational corporation that designs, develops, and sells consumer electronics. it recently invested signif
    11·1 answer
  • A useful way of standardizing financial statements is to choose a _______ year and then express each item relative to that amoun
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!