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
8090 [49]
2 years ago
10

During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pr

etax income was $400,000. What amount should have been reported as fixed costs in the company's contribution margin income statement for the year in question?
Business
1 answer:
ANEK [815]2 years ago
5 0

Answer:

Fixed costs= 1,100,000

Explanation:

Giving the following information:

During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000.

We need to reverse engineer the income statement to determine the total fixed costs. We know that the pretax income is the difference between the total contribution margin and the fixed costs.

Pretax= total contribution margin - fixed costs

400,000= 1,500,000 - FC

Fixed costs= 1,500,000 - 400,000

Fixed costs= 1,100,000

You might be interested in
Cars made in the United States by an American-owned company are included in______
V125BC [204]

Answer:Cars made in the United States by an American-owned company are included in both the Gross Domestic Product and the Gross National Product. 

They get income while selling cars in America, and also to other countries.

Explanation:

5 0
2 years ago
What potential challenges will you have supporting your argument with this demographic?
Nataly_w [17]

<span>Being expressive to the audience for a certain essay is vital because it regulates the content that will give the impression in the writing.  The content of an essay that has a detailed topic will differ depending on the projected audience. Having a fixated topic is imperative, but having a precise audience is correspondingly significant.</span>

7 0
3 years ago
Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the spe
luda_lava [24]

The four capabilities of a business intelligence can be divided into:

  • data presentation
  • data analysis
  • data ingestion
  • data foundation.

<h3>What is a business intelligence?</h3>

This refers to the technology that allows analyzing of data and delivering of  actionable information that can helps executives, managers and workers make informed business decisions.

The system of business intelligence is vital for business because it allows them to have an insight into what their competitors are doing and  to allows informed & educated decisions for plans.

The business intelligence would improve Apple's Customer Service function because it helps to gain better understanding of customers. For instance, it help to predict the future buying behavior of a customer.

In conclusion, the system thus increases the overall customer satisfaction by improving interactions with your customers and understanding their needs.

Read more about business intelligence

brainly.com/question/13339276

#SPJ1

7 0
1 year ago
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp
german
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
3 0
3 years ago
Read 2 more answers
yusef has just finished compiling a list of potential customers and evaluating their ability, willingness, and authority to buy.
grin007 [14]

Yusef has just finished gathering a list of prospective clients and assessing their capacity, eagerness, and authorization to purchase. The pre approach is his next move in the personal selling process, he is aware of this.

<h3>What is a marketing strategy?</h3>

A marketing strategy is a company's overarching plan for connecting with prospective consumers and persuading them to purchase its services or products. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.

The 4 Ps of marketing—product, pricing, place, and promotion—are covered in-depth in a marketing strategy.

A well-defined marketing strategy should center on the firm's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.

This creates a structure for marketing teams to adopt when they create strategies for all of the company's products and services.

To know more about marketing strategies, visit :

brainly.com/question/25492268

#SPJ4

7 0
8 months ago
Other questions:
  • Bob deposits $1,500 at the beginning of each quarter for sixteen years in a fund earning a nominal rate of interest of 6% conver
    10·1 answer
  • A company acquires another company for $3,000,000 in cash, $10,000,000 in stock, and the following contingent consideration: $1,
    10·1 answer
  • Regal Clothing is a manufacturer of designer suits. For June 2017​, each suit is budgeted to take 3 ​labor-hours. The budgeted n
    11·1 answer
  • The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $50,000. Using a discoun
    5·1 answer
  • Conciseness and clarity are what count in business.
    9·1 answer
  • You expect General Motors (GM) to have a beta of 1.5 over the next year and the beta of Exxon Mobil (XOM) to be 1.9 over the nex
    6·1 answer
  • During the period after a real estate sales contract is signed, but before title actually passes, the status of the contract is
    13·1 answer
  • Define futures contract.​
    10·1 answer
  • You work at the headquarters of an enterprise known for unethical practices. the company has many remote sites, but most functio
    15·1 answer
  • 2. using dataset d1a as a basis for discussion, which online channels generate the most reviews about accorhotels? to what exten
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!