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azamat
3 years ago
8

For Flynn Company, variable costs are 70% of sales, and fixed costs are $195,000. Management’s net income goal is $75,000. Compu

te the required sales in dollars needed to achieve management’s target net income of $75,000.
Business
1 answer:
Nookie1986 [14]3 years ago
3 0

Answer:

i would 75,345 is your answer

Explanation:

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Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting princ
dimulka [17.4K]

The delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

<h3>What is the role of the SEC?</h3>

The Securities and Exchange Commission (SEC) is a well-recognized U.S. government oversight agency.

It is responsible for regulating the securities markets and protecting investors' investments.

It does this, by:

  • Maintaining fair, orderly, and efficient markets
  • Ensuring compliance with financial regulations
  • Ensuring transparency in financial reporting
  • Facilitating capital formation.

Thus, the delegated authority of the Securities and Exchange Commission (SEC) on establishing accounting principles for publicly traded companies in the United States impacts all <u>publicly held companies</u>.

Learn more about the Securities and Exchange Commission at brainly.com/question/3798508

3 0
2 years ago
Labels Plus, LLC, exports specialty printing equipment for the labeling, flexible packaging, and carton industry. Due to increas
Kisachek [45]
Label Plus, LLC, ......................... Due to increased support from DEPARTMENT OF COMMERCE'S BUREAU OF INDUSTRY AND SECURITY.
The department of commerce's bureau of industry and security helps small businesses by supplying them with information which can help their business to succeed on the international scale.
6 0
4 years ago
1. Write down D &amp; S equations for wireless phones; include
N76 [4]

The D - equations for wireless phones: P = D (P,eA,eB)

  • The S-  equation for wireless phones: Q = S (P,eA,eB)
  • The Exogenous variable A =  Price
  • The Exogenous variable B =  Population growth rate

<h3>What is the equation about?</h3>

The demand and supply relationship is one that differs in a lot of ways and often shown using a graph.  Note that the upward slope of the curve on a graph shows the law of demand and the demand for wireless phones is one that can be affected by the amount of new mobile phone subscribers, the average cost of buying the wireless phone, and others.

Hence, The D - equations for wireless phones: P = D (P,eA,eB)

  • The S-  equation for wireless phones: Q = S (P,eA,eB)
  • The Exogenous variable A =  Price
  • The Exogenous variable B =  Population growth rate

Learn more about Demand from

brainly.com/question/1245771

#SPJ1

4 0
2 years ago
In February of the current year, Paul and Jean, a married couple, cashed a qualified Series EE savings bond they bought in Novem
Sergeeva-Olga [200]

Answer:

Explanation:

Calculation of amount of interest income Paul and Jean can exclude =I \frac{E}{P+I}

where I = interest received, E = educational expenses, P = principle.

Proceeds received                                 $7,132  

Principle                                                         $5,000  

Interest                                                         $2,132  

Qualified Higher Educational expenses $4,000

=2132*(4000/(5000+2132))= $1,195.74  

Answer is 1,195.74 exclusion

4 0
3 years ago
Magenta Company purchased a machine from Pink Corporation on October 31, 2016. In payment for the $288,000 purchase, Magenta iss
Aleksandr [31]

Answer:

Option (c) is correct.

Explanation:

Interest expense on Nov 30, 2016:

= (Purchase amount × Rate of interest) ÷ No. of months in a year

= ($288,000 × 12%) ÷ 12

= $2,880

Principal repayment on Nov 30, 2016:

= Monthly payment - Interest expense on Nov 30, 2016

= $25,588 - $2,880

= $22,708

Interest expense on Dec 31,2016:

= (Purchase amount - Principal repayment) × Rate of interest] ÷ No. of months in a year

= ($288,000 - $22,708) × 12%] ÷ 12

= $2,653

Therefore,

Interest expense for the year ended December 31, 2016:

= Interest expense on Nov 30, 2016 + Interest expense on Dec 31,2016

= $2,880 + $2,653

= $5,533

7 0
3 years ago
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