At Moss’ target net income the sales revenue will be $227, 500
<u>Solution:</u>
Sales revenue required to attain target net income of $35,000 will be as follows,
Fixed Cost of $56,000 + target net income of $35,000 / Contribution margin ratio of 40% = $227, 500
$227, 500 - Most must generate sales of $227,500 to earn a net income of $35,000
The answer is C lol hope it’s right
A study of supply and demand conditions in the market for orange juice lies primarily within the realm of microeconomics.
<h3><u>
Explanation:</u></h3>
Micro economics is the field of study that deals with the choices that are made by individuals. It deals with study of how the decisions are made by individuals, household and companies regarding the utilization of resources. It always deals with the markets that are associated with the good and services and also with the economic issues associated with individuals.
Adam Smith is the father of micro economics. In the examples given, A study of supply and demand conditions in the market for orange juice is an example of the micro economics. This is because, it deals with the supply and demand conditions in the market of the orange juice that are consumed by individuals.
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Answer:
The correct answer is A.
Explanation:
Giving the following information:
Principal= $100
number of years= 3
Interest rate= 9%
To calculate the present value we need to use the following formula:
Present Value= Final Value*(1+i)^n
PV= 100/(1+0.09)^3
PV= $77.22
