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lys-0071 [83]
3 years ago
15

After conducting a market research​ study, Magnificent Manufacturing decided to produce a new interior door to complement its ex

terior door line. It is estimated that the new interior door can be sold at a target price of $ 240. The annual target sales volume for interior doors is 23 comma 000. Magnificent has target operating income of 30​% of sales. What are target sales​ revenues?
Business
2 answers:
dsp733 years ago
6 0

Answer:

Target of Sales revenue =$1,656,000

Explanation:

Target operating income

23,000 x (240 x30%)

=23000 x 72

=$1,656,000

musickatia [10]3 years ago
5 0

Answer:

The target sales revenue for Magnificent Manufacturing after having conducted the market research is $5,520,000

Explanation:

Sales dollar value is a function of two variables,namely the sales price per unit and the volume of sales,hence the target sales revenue is target sales price of $240 multiplied by the target sales volume of 23,000 interior doors

Target sales revenue=$240*23,000=$5,520,000

The target operating income=target sales revenue*30%=$5,520,000*30%=$ 1,656,000.00  

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The modified internal rate of return is specifically designed to address the problems associated with: Multiple Choice long-term
tatiyna

Answer:

unconventional cash flows.

Explanation:

The modified internal rate of return means that return in which the cash flows that comes positive are again invested at the cost of capital of the firm also the initial investment that should be financed at the financing cost of the firm. It measures the correct cost and profitability in an accurately manner

Basically it is designed specifically for the non-conventional cash flows

And the same is to be considered

4 0
3 years ago
Larkspur, Inc. issued $432,000, 7%, 20-year bonds on January 1, 2020, at 104. Interest is payable annually on January 1. Larkspu
kirill [66]

Answer and Explanation:

The Journal entry to record the issuance of the bond is as follows:

Cash Dr  $449,280 ($432,000 × 1.04)

        To Bond payable $432,000

        To Premium on bond payable $17,280

(Being the issuance of the bond is recorded)

here the cash is debited as it increased the assets and credited the bond payable and the premium on bond payable as it also increased the liabilities

3 0
2 years ago
Heartsong LLC is a designer and manufacturer of replacement heart valves based in Peoria, Illinois. While it is a relatively sma
zhannawk [14.2K]

Answer:

Explanation:

Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.

In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.

However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.

The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.

4 0
3 years ago
You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 perc
lbvjy [14]

Answer:

$628.49

Explanation:

Cash flows                     Discount factor      Future value

$100                         1.1449                $114.49

$200                         1.07                   $214

$300                          1                        $300

Future value                                                  $628.49

The discount factor is as follows

= (1 + interest rate)^number of years

For $100 the year is 2

For $200 the year is 1

For $300 the year is 0

5 0
2 years ago
Can an individual's financial situation change his or her views of what is
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7 0
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