Answer:
$59,400
Explanation:
Operating income = Contribution - Fixed Costs
therefore,
<u>At the activity of 28,000 units results will be :</u>
Contribution (28,000 units x $3.50) $98,000
Less Fixed Costs ($38,600)
Operating Income $59,400
Thus,
The operating income expected if the company produces and sells 28,000 units is $59,400
Answer:
option (C) 8.8
Explanation:
Data provided in the question:
Common stock outstanding = 267.9 million shares
Market price = $68 per share
Value of common stock equity reported = $2.067 billion
Now,
Market value = Market price × Number of Common stock outstanding
= $68 × 267.9 million
= $18,217.2 million
= $18,217,200,000
Book value = $2.067 billion = $2,067,000,000
therefore,
NetApp's market/book ratio = $18,217,200,000 ÷ $2,067,000,000
= 8.81 ≈ 8.8
Hence,
Answer is option (C) 8.8
Answer:
Explanation:
As we know that time interest earned ratio = Income before interest and taxes / interest expense.
Sales = 546000
less: cost of goods sold = (<u>244410</u>)
Gross profit 301590
Less: <u>expenses</u>
Depreciation expense =( <u>61900 </u>)
Profit before interest and taxes 239690
Less: tax
(239690 * 23%) = (<u>55128</u>)
Profit 184562
Profit - Retained earning Addition = Interest
184562 - 74300 = 110262.
Interest earned ratio = 239690 / 110262 = 2.17 times
Answer:
Meeting customer needs is crucial for any business looking to retain and attract new customers. Because, as important as the discovery phase is, knowledge about what your customer needs from you is only as good as the way you use it. ... You may even need to plan, build and execute on a brand new facet of your product.
Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.
This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.
Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.
Learn more here:
brainly.com/question/3520708