Answer:
$584,000
Explanation:
Calculation to determine what must their amount of sales be
Using this formula
Amount of Sales = (Fixed costs + Target profit) / Contribution margin percentage
Let plug in the formula
Amount of Sales = [42,400+(40,000+63,600) / (106000/424000)
Amount of Sales =(42,400+103,600) / (106,000/424,000)
Amount of Sales=146,000/0.25
Amount of Sales = $584,000
Therefore what The amount of sales will be Cover-to-Cover Company is $584,000
Three of my financial goal is to save up 20% of my salary in the bank per month. This is a short term goal because the time frame is only after every month.
Then, save up money to start a business is somehow a long-term goal already since there are a lot of things to get through before finally reaching that goal.
Lastly, save up money for retirement. To be able to have a peaceful retirement life, one should prepare for it by not spending too much while still earning. This, of course, is a long-term goal.
I would call A) the bank to find out why the check bounced and B) the place/person that I wrote the check to in the first place with an apology and then C) if they had not already ran the check through a second time I would rush to pick it up and pay the fees.
Answer:
Option A will be the correct answer.
Explanation:
In the above question, Options are not given. Please find the attachment of the complete question.
- RIA has become an individual or an organization that offers investment advice to high-net-worth investors as well as operates financial investments.
- This RIA rendered complete transparency, both oral and written form, to his shareholders, because of options techniques to be implemented and the fees associated. This would be the smartest method to do something about it.
Some other options are also not tied to the condition in question. Thus option A should be the perfect approach.
Salutary products are products that have low immediate appeal but may benefit consumers in the long run.
<h3>What is Long Run?</h3>
There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.
A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.
In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.
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