1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
3 years ago
10

For a company using target costing, market price minus profit equals target price.

Business
1 answer:
Pachacha [2.7K]3 years ago
6 0

Answer:

For a company using target costing, market price minus profit equals target cost and not target price.

The correct answer is False

Explanation:

Target cost is the excess of market price over target profit margin. In target costing, the company does not fix the selling price because selling price is determined by the market.

You might be interested in
What are the portfolio weights for a portfolio that has 130 shares of Stock A that sell for $40 per share and 110 shares of Stoc
Eva8 [605]

Answer:portfolio Weight of A =0.6118; portfolio Weight of B=0.3882

Explanation:

stock A  Investment = Number of shares x market value

=130 x 40 = $5200

stock B investment =Number of shares x market value

110 x 30 =    $3,300

Total Investments= $5200 +  $3,300  = $8,500

portfolio Weight = stock  Investment / Total investment

portfolio Weight of A= 5200/ 8,500 =0.6118

portfolio Weight of B = 3,300 / 8,500 =0.3882

3 0
3 years ago
When using a __________ strategy, there is no change in either the basic product line or the markets served. Instead, increased
Dima020 [189]

Answer: market development

Explanation: In simple words,market development refers to the strategy in which a firm tries to cover new market or increase its sales in the existing market through promotion or product development etc.

These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to gro
aleksandrvk [35]

Answer:            ke = D1/Po + g

                 0.1025 = D1/57.50 + 0.06

        0.1025-0.06 = D1/57.50

            0.0425     = D1/57.50

                      D1    = 0.0425 x 57.50

                      D1    = $2.444

           

Explanation: Cost of equity is equal to dividend in 1 year's time divided by the current market price plus the growth rate. Other variables were provided in the question except the dividend at the end of the year (D1).

Thus, D1 becomes the subject of the formula. The appropriate cost of equity is $2.44. The correct answer is B.

6 0
3 years ago
The payment of accounts payable would
Tema [17]
Decrease assets, decrease liabilities. Accounts payable are what the business owes (liabilities). By paying off accounts payable, the liabilities are decreasing (they owe less) and the assets are also decreasing (because they use assets/cash to pay off the liabilities, so they have less now).

Hope that helps
3 0
3 years ago
The _____ approach to management focuses on scientific methods, time and motion studies, and job specialization with the goal of
iren2701 [21]
Social is the answer
3 0
3 years ago
Other questions:
  • Who controls the flow of information in the buying process?  A.The gatekeeper 
    5·1 answer
  • Hitzu Co. sold a copier costing $7,500 with a two-year parts warranty to a customer on August 16, 2017, for $15,000 cash. Hitzu
    9·1 answer
  • Failure to prepare an adjusting entry at the end of a period to record an accrued revenue would cause:A)net income to be oversta
    8·1 answer
  • Abiding by a foreign country's cultural norms during an international business transaction means a company has met a minimum sta
    11·2 answers
  • The Giles Agency offers a 12% trade discount when providing advertising services of $1,000 or more to its customers. Audrey’s An
    8·1 answer
  • What does 3 dots inside a silver ring mean?
    8·1 answer
  • Your uncle has $500,000 and wants to retire. He expects to live for another 30 years and to earn 6.5% on his invested funds. How
    14·1 answer
  • On December 31 of the current year, Sam Company was merged into Paul Company. In carrying out the business combination, Paul Com
    14·1 answer
  • The local wendy's franchise is a good corporate citizen, and the owners of that particular franchise had fostered relationships
    11·1 answer
  • The accountant for Bellows Corp. was preparing a bank reconciliation as of April 30. The following items were identified:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!