It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.
<h3>How to calculate the target profit</h3>
From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.
Therefore, the number of blankets that must be sold to achieve the target profit will be:
= (520000+320000)/21
= 40000
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Answer:
$143,750
Explanation:
We have to first calculate the present value of the bargain purchase option:
PV = $200,000 / (1 + 6%)⁵ = $149,451.63
net lease amount = $790,000 - $149,452 = $640,548
PVIF Annuity due, 6%, 5 payments = 4.546
Annual payment = $640,548 / 4.456 = $143,750
Answer:
Results are below.
Explanation:
<u>The opportunity cost is the amount of money that you won't earn when choosing one option over another. </u>In this case, one option makes you expend money and the other earn money.
Opportunity cost= 12*4 + 25
Opportunity cost= $73
<u>Now, the total cost incorporated what you will expend in Six Flags:</u>
Total cost= 65 + 40 + 73
Total cost= $178
Answer:
Content.
Explanation:
Internet branding or marketiing is the process of advertising your business and services over the internet. This marketing strategy helps to attract customers, sales, etc.
The model of online marketing suggests 7C's of internet branding.
The one that is exemplified in the given instance is content.
Content is one of the 7C's of online marketing which helps to pace with the modernity of society. There are, now, many new ways of creating a creative content which helps to attract the customers. This may include to create content that consists of videos, infographics, images, etc.
<u>In the given instance, Maddie is viewing the website of her favorite clothing store. The pictures posted on that website helps Maddie to style her own clothing. This suggests that her favorite clothing store has created a creative content that helps it's customer to visualize the clothings as well.</u>
Thus the correct answer is content.