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Gnesinka [82]
3 years ago
11

How can I become a millionair

Business
2 answers:
Crank3 years ago
8 0
Lots of ways pick a subject and try hard.

Lady_Fox [76]3 years ago
4 0
Going to college and majoring in something like medicine or law or business is usually the best way.
You might be interested in
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large televisio
Sergeu [11.5K]

Answer:

$238.18

Explanation:

For calculation of target cost first we need to follow some steps which is shown below:-

Step 1

Operating income before = Sold television - Cost

= $380 - $290

= $90

Step 2

Total operating income = $90 × 120,000

= 10,800,000

Step 3

New sales in units = Target operating income ÷ Increase percentage

= 10,800,000 ÷ (120,000 × 110%)

= 10,800,000 ÷ 132,000

= $81.82

Finally

So, the Target cost = Lower price - New sales in units

= $320 - $81.82

= $238.18

7 0
2 years ago
Exercise 6-1A Calculate cost of goods sold (LO6-2) Russell Retail Group begins the year with inventory of $55,000 and ends the y
fomenos

Answer:

COGS= $920,000

Explanation:

Giving the following information:

Beginning inventory= $55,000

Ending inventory= $45,000

Purchases= 210,000 + 130,000 + 160,000 + 410,000= $910,000

<u>To calculate the cost of goods sold (COGS), we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS=  55,000 + 910,000 - 45,000

COGS= $920,000

7 0
2 years ago
Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

To know more about stocks follow the link:

brainly.com/question/25818989

#SPJ4

3 0
1 year ago
The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called
Helen [10]

Answer:

Depletion

Explanation:

The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called Depletion

3 0
3 years ago
The net profit margin ratio can mathematically be broken down as:______.
Helga [31]

Answer:

d. Tax impact x Capital structure impact x EBIT / Sales

Explanation:

The net profit margin ratio could be computed by dividing the net income from the sales and the net income is come when the expenses are deducted from revenues

Also the capital structure is the combination of equity, preferred stock, debt.

So mainly it is broken into tax impact, capital structure impact and net profit margin ratio

Therefore the option d is correct

4 0
3 years ago
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