A blue-collar worker is someone in a professional or clerical job who usually earns a salary.

MC Qu. 91 Raven Company has a target of earning... Raven Company has a target of earning $70,100 pre-tax income. The contributio

yawa3891 [41]

Answer:

The amount of dollar sales must be achieved to reach the goal is $331,875.

Explanation:

This can be calculated using the following formula:

Amount of dollar sales required = (Targeted pre-tax income + Fixed costs) / Contribution margin ratio ……..(1)

Where:

Amount of dollar sales required = ?

Targeted pre-tax income = $70,000

Fixed costs = $36,200

Contribution margin ratio = 32%, or 0.32

Substituting all the values into equation (1), we have:

Amount of dollar sales required = ($70,000 + $36,200) / 0.32 = $106,200 / 0.32 = $331,875

Thereforee, the amount of dollar sales must be achieved to reach the goal is $331,875.

6 0

3 years ago

Jerry lost his credit card and instead of reporting it right away, he decides to continue looking for it believing he could find

Yuri [45]

Jerry is going to be at risk for paying the entire amount of $500 because he did not report the card stolen right away. However, in most cases, according to federal law you have 60 days to report a card lost or stolen. Credit card company’s are able to make their own decision on whether or not they wish to follow federal law in this type of situation.

4 0

3 years ago

Read 2 more answers

The two different types of budgetary expenses in the federal budget are

LiRa [457]

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4 0

4 years ago

Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t

aev [14]

Answer:

The correct option is C

Explanation:

Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.

So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.

3 0

3 years ago

Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good

LuckyWell [14K]

Answer:

The correct answers are:

A) Common resource

B) Private good

C) Public good

Explanation:

A) Common resources are natural sources, goods or services that provide tangible benefits. In the example, even if the treadmill is inside a fitness room that is open to the public, it is not a public good itself because the treadmill can be used only once at the time.

B) Private goods are those that someone can claim for ownership. In the case, the new drone is only being lent by one person so the others take turns to use it but, it belongs to that very same person.

C) Public goods can be consumed by an individual without the need of taking away others the possibility of using them at the same time. The clock in the park can be freely used by anybody -at any moment- who is around that place.

7 0

4 years ago