Assuming Digby’s current market share for its dell product remains the same, units of dell should Digby expect to sell in the primary segment for the upcoming year is 1503 units.
Market share is the portion of a company's business that represents the entire revenue or sales in a market. For instance, if an industry sells 50,000 units annually, a company selling 5,000 of those units would hold a 10% share of the market.
Because this will show if expectations are to be met by growing with the market or by stealing share from competitors, marketers must be able to translate and incorporate sales targets into market share.
The latter is usually always more challenging to accomplish. Market share frequently influences strategic or tactical action and is regularly monitored for any indications of shifts in the competitive environment.
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Answer:
net income = $100000
Explanation:
given data
sales = $900,000
cost of goods = $600,000
operating expenses = $200,000
variable = 70%
fixed = 30%
solution
CVP income statement
sales = $900,000
total variable cost = sales - ( cost of good sold ) - (operating expenses )
total variable cost = $900,000 - ( $600,000 × 70% ) - ($200,000 × 70% )
total variable cost = $560000
and
contribution is $340000
fixed cost = ( cost of good sold ) - (operating expenses )
fixed cost = ( $600,000 × 30% ) - ($200,000 × 30% )
fixed cost = $240000
so net income is = contribution - fixed cost
net income is = $340000 - $240000
net income = $100000
Answer:
Dr Cash $15,120
Cr Notes Receivable $14,000
Cr Interest Revenue $1,120
Explanation:
Preparation of the journal entry
Based on the information given On March 1, the journal entry that should be made by the company to bring the accounting records up to date will be :
March 1
Dr Cash $15,120
Cr Notes Receivable $14,000
Cr Interest Revenue $1,120
Answer:
Employer should withheld $1,643 from Baker's salary
Explanation:
Baker earned $113,300 in 2012. As on 2012, FICA tax rate withheld from employee's salary is 7.65% that constitutes 4.5% of social security, 1.45% of medicare taxes and 2% additional for employees whose wages exceed $18,350.
The gross income base for social security part has increased in 2012 to $110,100. This is not applicable for medicare tax of 1.45%.
Here, Baker's salary of $113,300 is above social security limit, so his income will not be withheld for social security. However, 1.45% of his salary will be withheld for medicare tax.
Therefore, $1,643 that is 0.0145×113,300 is withheld from his salary.
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