Answer:
the sales in dollars sell to generate the target income is $183,334
Explanation:
The computation of the sales in dollars sell to generate the target income is shown below:
= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling price
= ($25,000 + $66,667) ÷ ($30 - $20) ÷ $20
= $91,667 ÷ 50%
= $183,334
Hence, the sales in dollars sell to generate the target income is $183,334
Answer:
The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.
Answer:
Explanation:
See the attached for a spreadsheet of the values given in the problem statement. We have simply added the salary to the value of the preference and subtracted the one-time moving expense.
The right-most column shows the net increase in value of moving to Miami for each of the householders. Bonnie achieves so much more value that her net value outweighs the rather significant hit in value that Donna experiences.
If the vote is by net value to the householders, they must vote to move. There are no householders that have a net zero change in value.
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<em>Comment on democracy</em>
A decision based on net value does not account for the rather significant cost to Donna. If the household values mental health and interpersonal relationships, the fact that one member suffers badly from the move should be enough to sway the decision against it.
Answer:
Purchases= $330,000
Explanation:
Giving the following information:
Sales:
August $540,000
September $580,000
Abet's cost of goods sold is 60% of sales dollars.
Abet wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold.
<u>To calculate the purchases for August, we need to use the following formula:</u>
Purchases= sales + desired ending inventory - beginning inventory
Purchases= (540,000*0.6) + (580,000*0.6)*0.25 - (540,000*0.6)*0.25
Purchases= 324,000 + 87,000 - 81,000
Purchases= $330,000
Unemployment continues to rise to unacceptable level. As David Lipton said if the government are to navigate this dangerous period. Government must respond concretely to all of these challenges. Despite of political obstacles. This is important to all countries specially South Africa.
