Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of

Why is it important to conduct market research on your target audience before building your marketing plan?

Tcecarenko [31]

Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace.

3 0

3 years ago

Blanchard Company manufactures a single product that sells for $ 180 per unit and whose total variable costs are $ 126 per unit

Nuetrik [128]

Answer:

Part 1

Income Statement at 15,600 units

Sales ($ 180 x 15,600) $2,808,000

Less Variable Costs ($126 x 15,600) ($1,965,600)

Contribution $842,400

Less Fixed Costs ($842,400)

Net Income $0

Part 2

$3,278,000

Explanation:

Break even (units) = Fixed Cost ÷ Contribution per unit

= $ 842,400 ÷ ($ 180 - $126)

= 15,600 units

Assume the company's fixed costs increase by $ 141.000

Break even (units) = Fixed Cost ÷ Contribution per unit

= ($ 842,400 + $ 141.000) ÷ ($ 180 - $126)

= 18,212 units

Break even Revenue = 18,212 x $ 180 = $3,278,000

6 0

2 years ago

What the 10 president

zavuch27 [327]

Answer:

John Tyler

Explanation:

4 0

2 years ago

Read 2 more answers

When you purchase an item in a store, you may be charged __________.

Bess [88]

When buying any item in most stores, you are charged sales tax. Retailers, even smaller businesses are charged taxes for running their business. Businesses are able to pass on part of the burden to their paying customers in way of sales tax. So when you see an item marked as 99 cents, you will be paying slightly more than a dollar in almost all cases.

5 0

3 years ago

Read 2 more answers

Phil, age 20, is single and can be claimed as a dependent on his parent's return. He had $150 in interest income and wages of $7

Korvikt [17]

Answer: B - $7,150

Explanation: Standard taxation is an option by IRS to reduce an inidvidual taxable income. this is subject to an individuals filling status.

Phil who is aged 20, single and who can claim a dependent on his parents tax filling return. As of 2019, his standard tax deduction is limited to his earned income plus $350.

According to the above question, Phil earns $7,000 as wages plus $150 in interest income.

From the above information, Phil has a standard tax of $7,150.

3 0

2 years ago