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prohojiy [21]
4 years ago
9

Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales

must be achieved to reach the goal if fixed costs are $36,000?
Business
1 answer:
victus00 [196]4 years ago
6 0

Answer:

Target dollar sales = $353,333

Explanation:

First we need to find out how much contribution do we need to get a profit of 70,000.

Profit= Contribution - Fixed cost.

70,000=Contribution-36,000

70,000+36,000=106,000

Contribution= 106,000

Now in order to find the sales we will use the formula

Target Sales= Contribution/Contribution margin

Contribution = 106,000

Contribution margin =30%=0.3

Input the values into the formula

106,000/0.3=353,333.333

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Suppose that real GDP is currently ​$13.55 trillion and potential real GDP is​ $14.0 trillion, or a gap of ​$500500 billion. The
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Answer:

$100 billion

Explanation:

Real GDP is currently = ​$13.55 trillion

Potential real GDP =​ $14.0 trillion

Gap = ​$500 billion

Government purchases multiplier = 5.0

Tax multiplier = 4.0

To increase aggregate demand by $500 billion, the required increase in government expenditure is:

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= (1 ÷ 5) × $500

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Therefore, the government expenditure need to be increased by $100 billion.

6 0
3 years ago
The fundamental attribution error:______ a. advantages non-dominant group members while disadvantaging dominant group members. b
guapka [62]

Answer:

Option B      

Explanation:

In simple words, The fundamental mistake throughout the attribution refers to the propensity for individuals to overemphasise personal attributes and neglect environmental variables in evaluating actions of others.

For instance, in one experiment whenever something unpleasant occurred to somebody else, participants blamed the actions or attitude of that individual 65 per cent of the total times. Thus, from the above we can conclude that the correct option is B.

3 0
3 years ago
What are two primary opportunities in safe for driving relentless improvement?
Bess [88]

The two primary opportunities in safe for driving relentless improvement are option A. Iteration Retrospective and option D. Inspect and Adapt workshop. Hence, the correct answers are options A. and D.; Iteration Retrospective and Inspect and Adapt workshop respectively. Read below about Iteration Retrospective.

<h3>What is Iteration Retrospective?</h3>

The Iteration Retrospective is a usual event where Agile Team members debate the results of the Iteration, review their practices, and identify ways to improve. At the end of each iteration, Agile teams that make use of ScrumXP gather for an iteration retrospective.

Therefore, the correct answers are as given above.

learn more about Iteration Retrospective:

brainly.com/question/18646796

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The complete question goes thus:

What are two SAFe primary opportunities for driving relentless improvement? (Choose two)

a) Iteration Retrospective

b) Daily Stand-up

c) Program Backlog Refinement

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7 0
2 years ago
) for correct answers, how will your scores be affected with each submission you use up? select all that apply. after a few subm
kodGreya [7K]

Answer:

The answer is "You won't lose any answers even if you're using all approved entries".

Explanation:

In the given question there is some mistake in the choices. so, we define only the correct answer.

The above-given choices describe the  Its application may also apply to the reports produced so that it can make the quality of the documentation acceptable.  

It is just an act that offers someone a document, a proposal, a written document, etc. because it can be considered or accepted. Its state of obedience action of acknowledging another person's authority or power.

7 0
3 years ago
Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 perce
jekas [21]

Answer:

The present value is $938.82

Explanation:

Giving the following information:

Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year.

We need to discount the final value of $1,150 for each discount rate starting in year 3.

PV= FV/(1+i)^n

Year 3= 1,150/1.08= 1,064.81

Year 2= 1,064.81/1.07= 995.15

Year 1= 995.15/1.06= 938.82

The present value is $938.82

5 0
3 years ago
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