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Kazeer [188]
3 years ago
6

A company has a unit contribution margin of $50, fixed costs of $15,000 and a target profit of $20,000 after-tax. If the tax rat

e is 20% the company must sell units in order to earn the target profit. (Enter your answer as a whole number.)
Business
1 answer:
sweet-ann [11.9K]3 years ago
8 0

Answer:

The company must sell 800 units in order to earn the target.

Explanation:

This question requires us to calculate number of units required to be sold in order to acheive target profit. The answer can be calculated using simple break even calculation methodology.

To find number of units required to be sold we will divide sum of fixed cost and pre tax profit with contribution per unit.

Requires Sales = <em>(Fixed Cost + Pre tax profit)/ Unit contribution</em>

                         = (15,000+ (20,000/80%))/ 50 = 800 units

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If you know the unit prices of two different brands of an item, you are better able to:
erastovalidia [21]

Answer:

C

Explanation:

Compare the prices. You can tell which item cost less per unit and is the best deal.

8 0
3 years ago
Identify 3 reasons why we should teach financial education.
Sophie [7]

Answer:

Why should financial education be taught in schools?

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Should financial literacy be taught in schools essay?

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4 0
2 years ago
Marc agrees to sell Diana 500 copies of a book for $3.50 per book. Marc breaches the contract by not delivering the books. At th
Lesechka [4]

Answer:

$500

Explanation:

Damages refer to the financial loss suffered by a party to a breached contract. It occurs as a result of one party refusing to perform their obligation in the contract, causing injury and losses to the other.

Damages are the extra expense incurred by the offended party due to the breach of contract. The calculation of damages involves getting the difference between the market price and the contract price. For Diana, the damages will be the market price of $4.50, and the contact price $3.50. Because the books were 500, her damage would be 500 X 1 = $500.

6 0
3 years ago
Revenues and gains included in arriving at net income that do not provide cash.
zhenek [66]

Answer:

Non-cash revenues.

Explanation:

Non-cash revenues can be defined as revenues and gains included in arriving at net income that do not provide cash.

Basically, on the statement of cash-flow, non-cash revenues are considered not to be a real cash-flow because they don't add to the total inflow of cash.

Some examples of noncash revenues are amortization of premium relating to bonds payable, cash flow from investments that are carried under the equity method, accrued revenues, and gains from disposals of non-current assets.

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2 years ago
Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks.
iVinArrow [24]
The statement "<span>Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks." is true. 

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
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8 0
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