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
maw [93]
3 years ago
7

Cornwall Company has two divisions, A and B. Information for each division is as follows: A B Net earnings for division $ 40,000

$ 260,000 Asset base for division $100,000 $1,200,000 Target rate of return 15% 18% Margin 10% 20% Weighted average cost of capital 12% 12% What is the total sales amount for B
Business
1 answer:
jeyben [28]3 years ago
5 0

Answer:

$1,300,000

Explanation:

The computation of the total sales amount for B is shown below:

As we know that

Net income ÷ sales = Margin turnover

where,

Net income for division B is $260,000

And the margin turnover is 10%

Now placing these items values, the sales revenue for the division B is

$260,000 ÷ sales = 20%

So, the sales amount for division B is

= $260,000 ÷ 20%

= $1,300,000

We simply applied the above formula so that the total sales for division B could arrive

You might be interested in
The best new product ideas are based on _____, which serve as the heart of the concept generation process. channel desires manuf
Phoenix [80]

Answer:

customer problems

Explanation:

Customer problems -

The problems of the consumers are the main aspect by which the idea about any new product can be laid down .

As the likes and dislikes for the particular product , makes the product a hit or miss .

As if the consumers like the goods and service s, the production of the product would increase an msd the profit earned by the company will also increase , and vice versa .

Hence , from the given statement of the question,

The correct option is customer problems.

3 0
3 years ago
What are the disadvantages and advantages of money?
adoni [48]

Explanation:

<u>advantages</u>

.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.

Money gives you the power to pursue your dreams. 

Money gives you freedom.

Money gives you security. 

<u>disadvantages</u>

•Money can lead to disagreements.

•obsession with money, or a love of money, can create a host of problems.

8 0
3 years ago
Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity b
finlep [7]

Employers include" Group health" plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.

<h3>What do you mean by fringe benefit program?</h3>

The fringe benefit program include health insurance, worker's compensations, retirement benefits and medical leave.

As a company it's the duty of owner and management to take care of their employees health.

It is very common to say that health is wealth. Therefore, it is mandatory in every company to cover all the health benefits for better growth.

Learn more about fringe benefit program, refer to the link:

brainly.com/question/20599659

#SPJ1

6 0
2 years ago
You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of .6 percent per year, co
kolezko [41]

Answer:

Total interest paid = $606.63

Explanation:

First calculate the monthly payment for first six months

Monthly interest for first 6 months =.006/12=.0005

= 6500*(1.0005)^6

=6519.52

Interest rate for next six months

=17.37%/12=1.45%

(1.0145)^6=1.090054

=6519.52*(1+.0145)^6

=7106.63

Total interest paid = 7106.63-6500  

Total interest paid = 606.63

7 0
3 years ago
If a company increases its sales price per unit for product​ a
Effectus [21]

Answer:

TR decreases if Demand is Elastic, TR increases if Demand is Inelastic

Explanation:

Price Elasticity of Demand is the responsive change in price, due to change in price. Elastic demand means demand responds more to price change, Inelastic demand means demand responds less to price change. Total Revenue is the total receipt value from sales = Price x Quantity

  • If demand is elastic : price & total revenue are inversely related - price increase, demand decrease & price decrease, demand increase.
  • If demand is inelastic : price & total revenue are directly related - price increase, demand increase & price decrease, demand increase

So, If a company increases its sale price per unit of a product :

  • Total Revenue would increase as a result of price rise, if demand is Inelastic
  • Total Revenue would decrease as a result of price rise, if demand is Elastic
7 0
3 years ago
Other questions:
  • Which term describes a list of all ledger accounts that businesses maintain?
    8·1 answer
  • Coronado Company purchased equipment and these costs were incurred: Cash price $64600 Sales taxes 4000 Insurance during transit
    7·1 answer
  • Lolololololololollolo
    10·2 answers
  • Hercules Films is deciding on the price of the video release of its film Son of Frankenstein. Its marketing people estimate that
    13·1 answer
  • An accounting firm is in the process of interviewing candidates for the position of receptionist. A job candidate arrives at an
    7·1 answer
  • Coronado reported the following information for the current year: Sales (57000 units) $1140000, direct materials and direct labo
    8·1 answer
  • 20 POINTS!!!!!!!! In addition to having a bachelor’s degree in accounting, a 1._______ certification will increase a tax account
    14·2 answers
  • Kevin promises to pay Macarena, his daughter, $5,000 if she obtains her degree at Brookdale community College, where she is curr
    11·1 answer
  • What is a surplus?????????<br>​
    15·1 answer
  • One of the basic relationships in bond priceing is that, other things held constant, for a given change in the required rate of
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!