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Inessa05 [86]
3 years ago
8

CompuTop Company sells toy laptop computers for $30 each. If the variable cost for each laptop is $20 and fixed costs total $25,

000, how much sales in dollars must it sell to generate a target income of $66,667
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

the sales in dollars sell to generate the target income is $183,334

Explanation:

The computation of the sales in dollars sell to generate the target income is shown below:

= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling price

= ($25,000 + $66,667) ÷ ($30 - $20) ÷ $20

= $91,667 ÷ 50%

= $183,334

Hence, the sales in dollars sell to generate the target income is $183,334

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Delvig [45]
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3 years ago
When the Coffee Collective purchases advertisements on the radio announcing its new patio and encouraging dog-loving coffee drin
Ilia_Sergeevich [38]

Answer: Pioneering advertising

                                 

Explanation: Pioneering advertising refers to the advertising of  a product or service, the concept of which is fresh and none of such products had been to any market before. This kind of advertising is done for establishing a new market.

In the given case, the company wants to aware the dog lovers to know about the patio which is a new concept to the world.

Hence the correct option is E.

6 0
4 years ago
Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities? b. Total asset
guajiro [1.7K]

Answer:

a. Total liabilities = $280,000

b. Total liabilities = $250,000

Total equity -= $250,000

Explanation:

As we know that

Total assets = Total liabilities + shareholder equity

So in the first case

The amount of the liabilities is

Total liabilities = Total assets - Total equity

                        = $700,000 - $420,000

                        = $280,000

And, in the second case, the total assets is $500,000

And, the liabilities and equity amounts are equal to each other

So in this case, the liabilities is $250,000 and the equity is $250,000

3 0
3 years ago
Eurodollars are _________. A. dollar denominated deposits at any foreign bank or foreign branch of an American bank B. dollar de
Ipatiy [6.2K]

Answer:

A. dollar denominated deposits at any foreign bank or foreign branch of an American bank

Explanation:

  • Are dominations deposited in US dollars in banks that are outside the united states thus are not under the rule or jurisdiction or federal laws. The eurodollar rate is also known as the LIBOR rate is equal to the base rate adjusted by minimum reserve requirements.
  • The eurodollar market accounts for a higher rate of interest, greater the flexibility of the maturities and has a wider range of investment in the qualities.
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4 0
4 years ago
Match the taxes to the entities on which they are assessed
nlexa [21]

Answer:

question isn't clear. any answers???

6 0
3 years ago
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