The correct answer is a/true because I go to the bank
Answer:
See below
Explanation:
With regards to the above, Jaheem's business profit increase is calculated as
= Fixed cost + Desired profit/Contribution margin
Given that;
Fixed cost = $400,000
Desire profit = $22,000
Contribution margin = $9.4
= $400,000 + $22,000/($24 - $14.6)
= $422,000/$9.4
= $44,894
Therefore, increase on profit
= $44,894 - $22,000
= $22,894
Answer:
D) 1,500
Explanation:
rent per room =$100 dollars
variable cost= $ 20 dollars
fixed cost =$ 100,000.00
desired profits=$ 20,000.00
volume(V) to meet profit target;
Contribution margin per sale= $100-$20= $80
Profits = revenue-cost
=$20,000= Vx$80-$100,000
=20,000=v80-100000
v80=100,000.00+20,000
v80=120,000
v= 120,000/80
Volume =1,500
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
