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
Korolek [52]
3 years ago
7

Last month Peggy Company had a $30,310 profit on sales of $350,000. Fixed costs are $92,190 a month. What sales revenue is neede

d for Peggy to break even? (Round your answer to the nearest dollar amount.)
A. $122,500
B. $380,310
C. $30,310
D. $263,400
Business
1 answer:
Arlecino [84]3 years ago
7 0

Answer:

D. $263,400

Explanation:

Calculation for the What sales revenue is needed for Peggy to break even

First step is to calculate the contribution ratio

Contribution ratio=(30,310 + 92,190)/350,000

Contribution ratio= 35%

Second Step will be to calculate the Sales Revenue

Sales Revenue=92,190/35%

Sales Revenue= $263,400

Therefore What sales revenue is needed for Peggy to break even is $263,400

You might be interested in
All changes saved
kondaur [170]

Answer:

True

Explanation:

Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.

For event marketers, it will be advantageous if they list all their services on a single website.  Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.

5 0
3 years ago
A broker represents a seller as a single agent on the sale of his property. A buyer comes to the house and wants the broker to s
Svetradugi [14.3K]

Answer:

Undisclosed dual agency

Explanation:

Undisclosed dual agency

Undisclosed dual agency is a dual agency relationship that is not disclosed and agreed to in writing. When sucn an incident occurs, the agent has breached his or her fiduciary responsibilities to the client, which happens to be illegal in some places it should be agreed then it is make legal by such an act.

5 0
4 years ago
Which is not a money management skill discussed in the reading material?
Readme [11.4K]
It seem like there are information missing on the question posted. Let me answer this question with all I know. So here is what I believe the answer is, spending.

Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.
8 0
4 years ago
The preferred stock of ABC Co. offers a rate of return of 7.87 percent. The stock is currently priced at $63.53 per share. What
omeli [17]

Answer:

Annual Dividend = $5.00

Explanation:

We can use the following formula to calculate the stock price.

P = Annual Dividend / r

P: stock price (Given: $63.53)

r: required return (7.87%)

By inputting the number into the above equation, we have the following:

63.53 = Annual Dividend / 0.0787

--> Annual Dividend = $5.00

7 0
3 years ago
According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
SCORPION-xisa [38]

Answer:

<u>A: weeding</u>

<u>B: pruning</u>

<u>D: transplanting</u>

Explanation:

trust me i just did it

enjoy :)

4 0
3 years ago
Other questions:
  • The portion of the marketing mix that consists of methods such as advertising, public relations, and personal selling in order t
    13·1 answer
  • Negotiation is gendered in that the qualities of bargainers such as analytic rationality and strategic thinking are linked to:__
    11·1 answer
  • The primary drawback of the edison talking machine for sound recording was:
    7·1 answer
  • A market has four individuals, each considering buying a grill for his backyard. Assume that grills come in only one size and mo
    9·1 answer
  • (TCO E &amp; F) A bank is facing a forecast of rising interest rates. How should they set the repricing and duration gap?
    6·1 answer
  • A scientific paper that has passed through the peer review process is more respected than one that has not. Why might a scientis
    11·2 answers
  • Which business type pays double tax to the government
    14·1 answer
  • A holiday sales flyer advertised a video game system for a significantly reduced price and
    10·1 answer
  • Why is it easier to play soccer on a grassy field than on an ice hockey rink?
    14·1 answer
  • krissy worked her 40 regular hours last week plus 8 overtime hours at the time and a half rate her gross pay was 785.20 what was
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!