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
LekaFEV [45]
2 years ago
7

If a company sells its smart phones for $400 and the phones have a COGS of $250, how many additional phones would the company ha

ve to sell if it decided to spend an extra $150,000 on advertising to promote the phones
Business
1 answer:
Cloud [144]2 years ago
8 0

Answer:

Units to be sold= 1,000

Explanation:

Giving the following information:

Selling price= $400

COGS= $250

Increase in costs= $150,000

<u>To calculate the number of units to be sold to cover the incremental costs, we need to use the following formula:</u>

Units to be sold= increase in costs/ contribution margin per unit

Units to be sold= 150,000 / (400 - 250)

Units to be sold= 1,000

You might be interested in
The security market line is a positively sloped straight line that displays the relationship between expected return and _______
Svetllana [295]

Answer:

E) beta

Explanation:

The security market line (SML) can be regarded as a line that is drawn on a chart which represent the capital asset pricing model. And it allows to know the expected of security which can be attributed to the function of non-diversifiable risk as well as systematic

.It should be noted that The security market line is a positively sloped straight line that displays the relationship between expected return and beta

5 0
3 years ago
The shortest-route problem is a special case of the transshipment problem.
Vsevolod [243]

The shortest-route problem is a special case of the transshipment problem while transportation problems prevent shipments from entering and exiting some nodes, the transshipment problem does.

<h3>What are transshipment?</h3>

Transshipment is the loading and unloading of goods and stuff from one transport vehicle to another vehicle.

Transshipment happens because of no direct connection between the ports, due to this the goods are transported to different vehicles.

Thus, while transportation problems prevent shipments from entering and exiting some nodes, the transshipment problem does.

Learn more about transshipment

brainly.com/question/19131337

#SPJ4

3 0
1 year ago
N December 2, Coley Corp. acquired 1,700 shares of its $2 par value common stock for $21 each. On December 20, Coley Corp. resol
erma4kov [3.2K]

Answer:

Credit Treasury Stock $20,000

Explanation:

When the company reissued the shares, the Treasury Stock account is credited by the same price they were acquire. i.e. in this case we acquire the treasury stock at a price of $20.

Cash (1,000 * 12)                                    12,000

Additional Paid in Capital                        8,000

                         Treasury Stock (1,000 * 20)               20,000

6 0
3 years ago
You own a $36,800 portfolio that is invested in Stocks A and B. The portfolio beta is equal to the market beta. Stock A has an e
madam [21]

Answer:

The answer is $13,558

Explanation:

βP = 1.0 = 1.48A+ [.72 × (1-A)]

A = .368421

Investment in Stock A = $36,800 × .368421 = $13,558

8 0
2 years ago
Heritage, Inc., had a cost of goods sold of $44,621. At the end of the year, the accounts payable balance was $8,403. How long o
Fiesta28 [93]

Answer:

Days sales in payable = 68.74 days(Approx)

Explanation:

Given:

Cost of goods sold = $44,621

Accounts payable = $8,403

Days sales in payable = ?

Computation of Days sales in payable :

Days\ sales\ in\ payables=(Accounts\ payable\/cost\ of\ goods\ sold)\times365\ days

Days sales in payable = ($8,403 / $44,621) × 365 days

Days sales in payable = 0.188319401 × 365 days  

Days sales in payable = 68.7365814

Days sales in payable = 68.74 days(Approx)

7 0
2 years ago
Other questions:
  • Which of the following is not true concerning the usage of public land. a. Public land is managed by federal and state agencies.
    14·2 answers
  • PLEASE HELP ME???
    10·1 answer
  • During a resuscitation, the team leader assigns team roles and tasks to each member. You recognize that a task has been overlook
    12·1 answer
  • An investment offers a total return of 14.0 percent over the coming year. Janice Yellen thinks the total real return on this inv
    12·1 answer
  • Where's the leak ma'am?
    7·2 answers
  • Dion, an accountant for Entertainment Sports, Inc., attempts to apply a duty-based approach to ethical reasoning in conflicts th
    12·1 answer
  • Explain the shift from artisan to factory worker, and discuss the factory system. What were the advantages and disadvantages
    13·1 answer
  • In certain economy pple save part income in financial sector and use remaining part for consumption the govt decides to increse
    11·1 answer
  • The purpose of growth accounting is to estimate the contribution each component of the aggregate production function makes to ov
    12·1 answer
  • Suppose that Chillmax Company now sells both pairs of shoes and fabric carryalls. The pairs of shoes are priced at $60 and have
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!