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Rainbow [258]
2 years ago
10

Sabv Corporation's break-even-point in sales is $840,000, and its variable expenses are 75% of sales. If the company lost $34,00

0 last year, sales must have amounted to:
Business
1 answer:
zhuklara [117]2 years ago
5 0

Answer:sales must have amounted to:$704,000

Explanation:

Contribution ratio = Sales ratio - Variable cost ratio

= 100%- 75%

=25%

Sales to break even = Fixed expenses / Contribution margin ratio

Therefore,

 Fixed expenses = Sales to break even   x  Contribution margin ratio

=$840,000 x 25%

=$210,000

Contribution margin can also be calculated as

Fixed expenses- Operating loss

=$210,000 -$34,000

=$176,000

Sales = Contribution margin/ Contribution ratio

= $176,000/25% =$704,000

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Vedmedyk [2.9K]

COMPLETE QUESTION:

Fill in the Blank:

Remember, a bond's coupon rate partially determines the interest-based return that a bond ______ pay, and a bondholder's required return reflects the return that a bondholder _______ to receive from a given investment.

Answer:

will, would like

Explanation:

The answers above correctly fills in the blanks in the question.

Remember, a bond's coupon rate partially determines the interest-based return that a bond WILL pay, and a bondholder's required return reflects the return that a bondholder WOULD LIKE to receive from a given investment.

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3 years ago
As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she
zaharov [31]

Answer:

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7 0
3 years ago
Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cre
Orlov [11]

Answer:

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Explanation:

Follow the given collection policy :

Cash Collection = 60 % in month of the sale + 40 %  in the following month

<em>therefore,</em>

During the first month :

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Do you think the efforts of Brazil's government to keep the economy growing will e successful
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6 0
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Based on this model, households earn income when (household/firms) purchase (factors/goods and services) in factor markets.
aalyn [17]

The model shows that households earn money when <u>Firms </u>purchase <u>Factors </u>in factor markets.

<h3>Interaction between the Household and a Firm </h3>
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In conclusions, households and firms are interconnected.

Find out more on this interaction at brainly.com/question/1433471.

5 0
2 years ago
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