Flyer would have to cut $2 per unit in order to meet the new target cost.
<h3>What is target cost?</h3>
The target cost of a product is the expected selling price of the product minus the desired profit from selling
First, we need to get the target cost
= Target Selling price per unit - Target profit per unit
= $48 - ($48 x 0.125)
= $48 - $6
= $42
Then, Flyer have to cut costs per unit
= Cost for product - Target cost
= $44 - $42
= $2
Hence, Flyer would have to cut $2 per unit in order to meet the new target cost.
Learn more about target costs here: brainly.com/question/15237816
#SPJ1
It will lower your credit rating by so much based on your credit rating before bankrupycy
Answer: 1) CM / Sales = CM Ratio
CM = 306,000 - 238,680 = 67,320
CM Ratio = 67,320 / 306,000 = 0.22
2) CM Ratio x 2,500 = 550
Explanation:
Answer:
Case explained below
Explanation:
Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, either through health, education and workplace conditions, whether through public or private channels.
Development economics must encompass the study of institutional, political, and social as well as economic mechanisms for modernizing an economy while eliminating absolute poverty and transforming states of mind as well as physical condition.
Answer:
$600 million
Explanation:
On January 1, 2020, the balance of common stock & APIC
Common stock & APIC = Paid-In Capital + Share Capital raised by issuing 50 million shares at $20 per share - Treasury Stock
Here
Paid-In Capital is $500 millions
Issue of 50 million shares at $20
Treasury Stock is 20 million shares at $45 per share
By putting the values, we have:
Common stock & APIC = $500 million + $1000 million - (20 million shares * $45 per share)
Common stock & APIC = $1500 millions - $900 million = $600 million
