Target profit (C) can be calculated by modifying the break-even equation.
The target profit is defined as the estimated amount of revenue or profit that a company plans to achieve from a particular investment or operation.
The aim of achieving target profit is to make a significant profit on the investment after all expenses have been met. The target profit helps in the decision-making process to decide whether the project or investment is viable or not.
The target profit can be calculated by modifying the break-even equation. The Break-even equation is a simple formula used to determine the minimum sales revenue that a company must generate in order to break even on its investment.
The modified break-even equation is given below:
Sales Revenue = Fixed Cost + Target Profit / Contribution Margin
Sales Revenue: It is the amount of revenue that the company plans to achieve.
Fixed Cost: It is the fixed cost incurred for the investment.
Target Profit: It is the estimated profit to be made on the investment.
Contribution Margin: It is the difference between the selling price and variable cost per unit of a product or service.
To know more about break-even equation, refer here:
https://brainly.com/question/16911781#
#SPJ11
puffery visible in advertisements are based upon genuineness. objective claims. fairness. exaggeration. validity.
Puffery visible in advertisements are based upon exaggeration. Puffery visible in advertisements is usually based on exaggeration, and the claims may not be backed up by empirical evidence or data. It is, however, a legal marketing strategy that businesses may use.
Puffery is a legal term for a marketing method that involves making exaggerated or vague claims about a product or service. The aim is to entice consumers to purchase the product or service. In terms of genuineness, fairness, objective claims, and validity, puffery visible in advertisements does not adhere to any of these principles.Genuineness - Puffery is not genuine, and the claims made in the advertisement may be untrue or exaggerated. Puffery may not provide consumers with accurate information about the product or service.Objective Claims - Puffery visible in advertisements is subjective and based on personal opinion. It does not provide objective claims about the product or service.Fairness - Puffery is not fair since it is an exaggeration of the product or service's features, and it may mislead consumers.Validity - Puffery is not a valid form of advertising since it does not provide empirical evidence or data to support the claims made in the advertisement.Therefore, puffery visible in advertisements is not based upon genuineness, objective claims, fairness, or validity. It is based on exaggeration, which is a legal marketing strategy that businesses use to entice consumers to purchase their product or service.Learn more about Puffery: https://brainly.com/question/29518107
#SPJ11
multiple choice question which of the following poses a high risk of theft because of its high volume and ease of portability? multiple choice question. vehicles deferred revenue computers cash accounts receivable need help? review these concept resources. read about the concept rate your confid
Vehicles poses a high risk of theft because of its high volume and ease of portability. Option A is the correct answer.
The option that poses a high risk of theft because of its high volume and ease of portability is "vehicles". Vehicles are typically high-value assets that are easily transportable, making them a prime target for theft. Furthermore, vehicles can be sold quickly on the black market, which increases their appeal to thieves. While deferred revenue, computers, cash, and accounts receivable may also be at risk of theft, they are typically not as easy to transport and resell as vehicles, making them less appealing targets for theft.
Therefore, the correct answer is A.
You can learn more about theft at
https://brainly.com/question/29728368
#SPJ11
felix wants to save an additional $250,000 for his retirement in 10 years. he has accumulated $74,000 so far, and he wants to use 5% as his annual rate of return. how much would felix need to deposit at the end of each year in order to reach his goal of accumulating a total of $250,000?
Felix would need to deposit $22,781.26 at the end of each year in order to reach his goal of accumulating a total of $250,000 in 10 years.
This calculation is done using the following formula:
FV = PV x (1 + i)n, where FV is the future value, PV is the present value, i is the interest rate, and n is the number of years.
Using the information provided, we can plug in the values to get the following equation:
$250,000 = $74,000 x (1 + 0.05)10
Solving this equation for the deposit at the end of each year, we get:
$22,781.26 = $74,000 x (1 + 0.05)10 - $250,000.
Therefore, Felix needs to deposit $22,781.26 at the end of each year for the next 10 years to reach his retirement goal of accumulating $250,000.
Learn more about deposit visit:
https://brainly.com/question/29454677
#SPJ11
potter industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. the par value of the bond is $1,000. if the going annual interest rate is 7.6%, what is the value of the bond? do not round intermediate calculations. round your answer to the nearest cent. $
The value of Potter Industries’ bond with an annual coupon of 6% and a 10-year maturity is $800.37.
The yield to maturity (YTM) for the bond is 7.6%. This can be used to calculate the present value of the bond, which is calculated by discounting each cash flow from the bond (coupon payments and the par value payment) at the YTM rate.
For this particular bond, there are 10 coupon payments of 6%, with each payment amounting to $60. This adds up to a total of $600 in coupon payments. In addition to this, the bond also has a par value of $1,000. The present value of the bond is calculated by discounting the cash flows at the YTM rate. This is done by multiplying the coupon payment or par value payment by the present value of $1 discounted at the YTM rate.
For example, the present value of the first coupon payment of $60 is calculated by multiplying $60 by the present value of $1 discounted at 7.6%. This calculation is done for each cash flow and the total present value of the bond is calculated by summing up the present value of each cash flow. After discounting the cash flows, the present value of the bond is $800.37. This is the value of the bond at the given YTM rate.
Therefore, the value of Potter Industries’ bond with an annual coupon of 6% and a 10-year maturity is $800.37.
Know more about yield to maturity here:
https://brainly.com/question/14986884
#SPJ11
What should you do after completing and filing your
Free Application for Federal Student Aid (FAFSA)?
O A. Get your Federal Student Aid ID.
O B. Review and submit your Student Aid Report
(SAR).
O C. Gather the necessary financial documents.
O D. Accept your financial aid package.
It’s B
Examine and send your student aid report (SAR). You will receive a Student Aid Report after submitting your Free Application for Federal Student Aid (FAFSA) (SAR).
How can I download my SAR report as a PDF?Click "Login" on the front page of https://studentaid.gov/h/apply-for-aid/fafsa. 3. Access the network. 4. Choose to save your SAR as a PDF file by selecting "See or Print your SAR" in the middle of the "My FAFSA" page.
How do I obtain a duplicate of my SAR?You can obtain a copy of your SAR by login into fafsa.gov using your FSA ID and choosing the "See SAR" option in the centre of the page once your FAFSA form or FAFSA adjustment has been processed.
To know more about SAR visit:-
https://brainly.com/question/29372320
#SPJ1
which of the following is not a type of compensation? multiple choice benefits promotions incentives
performance evaluation. "Performance assessment" is the sort of compensation that is not included among the available possibilities.
Performance evaluation is the process of determining how well a person is doing their job, whereas compensation refers to the money or perks offered to an employee in exchange for their labour.
Employers utilise performance reviews to pinpoint areas for development, establish objectives, and make choices about promotions, layoffs, and pay raises. Although they may have an impact on pay choices, performance reviews are not regarded as a kind of pay in and of themselves.
In conclusion, performance evaluation is a different procedure used to evaluate an employee's work performance and guide compensation choices, not a sort of remuneration.
learn more about compensation here:
https://brainly.com/question/13755469
#SPJ4
why is advertising for a single firm that currenty makes a considerable profit with no competitors (yet) in a market a possible attempt to discourage new entrants into the market?
The reason advertising for a single firm that currently makes a considerable profit with no competitors (yet) in a market is a possible attempt to discourage new entrants into the market is that the advertising helps to create a barrier to entry.
By advertising heavily, established firms can create a perception of quality, reliability, and trust that new entrants find difficult to match or surpass. This can make it harder for new entrants to gain market share and establish themselves as legitimate competitors.
Advertising can also help to create economies of scale that make it difficult for new entrants to match the production, distribution, and marketing costs of established firms. Hence, advertising for a single firm that currently makes a considerable profit with no competitors (yet) in a market is a possible attempt to discourage new entrants into the market.
To know more about advertising , refer here
https://brainly.com/question/3163475#
#SPJ11
calculate, to the penny, the real-world last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% apr. numeric response numeric response 1502.31
The real-world last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR, the answer is $1,502.31 and the rate would be 0.06.
To calculate the last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR, you must use the following formula:
Last Payment = (Amount * (1+Rate)^Number of Payments) / (((1+Rate)^Number of Payments) -1)
Using this formula, the last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR is 1502.31.
To break it down further, a mortgage amortization is a method of gradually paying off a debt, such as a loan, over time. The total amount to be paid back is known as the principal. The interest rate associated with the loan is the Annual Percentage Rate (APR), which will be fixed throughout the loan repayment period. The total number of payments to be made is the term of the loan.
In this case, the principal amount is $250,000, the APR is 6%, and the term is 30 years, or 360 months. In order to calculate the last payment, we need to convert the APR to a decimal form, so in this example the rate would be 0.06.
Now that we have the information needed for the calculation, we can insert it into the formula to get the last payment. In this example, the last payment would be $1,502.31.
To learn more about mortgage here:
https://brainly.com/question/1318711#
#SPJ11
during the integration process, lafargeholcim faced three of the most common barriers to integration. which of the following is not one of the obstacles it faced? a. conflicts in merging corporate cultures b. differing opinions on the leadership structure c. inadequate evaluation of the target d. too much diversification
During the integration process, LafargeHolcim faced three of the most common barriers to integration. Among conflicts in merging corporate cultures, differing opinions on the leadership structure, inadequate evaluation of the target, and too much diversification, the obstacle that it did not face is too much diversification. So, the correct option is D.
The integration process refers to the process of blending the cultures, operations, systems, and personnel of two or more organizations together. The objective of an integration process is to create a unified and more effective organization from the constituent entities.
The benefits that an integration process provides include economies of scale, improved competitiveness, enhanced market share, and access to new markets. However, the integration process is often accompanied by significant challenges, such as leadership conflicts and disagreements between staff, which can stifle the process.
LafargeHolcim faced three of the most common barriers to integration during the integration process: conflicts in merging corporate cultures, differing opinions on the leadership structure, and inadequate evaluation of the target. Too much diversification is not an obstacle they faced.
To know more about integration process, refer here
https://brainly.com/question/29676983#
#SPJ11
certain firms, such as those in utilities or the pharmaceutical industry, are likely to experience significant economies of scale because:
Economies of scale occur when firms increase their output and experience lower average costs of production. This can occur in certain firms, such as those in utilities or the pharmaceutical industry, because of the significant investments and specialized skills required for these industries.
Utilities require large investments in infrastructure and highly-trained personnel in order to deliver reliable services to their customers. The more customers a utility company serves, the more efficiently it can utilize its resources and labor, resulting in a cost savings. In addition, the more customers a utility company serves.
In the pharmaceutical industry, significant investments are required in research and development in order to develop and produce new medications. Pharmaceutical companies benefit from economies of scale because larger production quantities result in lower average costs due to increased efficiency.
Know more about pharmaceutical industry here:
https://brainly.com/question/29668603
#SPJ11
to calculate depletion expense, first determine the depletion per unit. depletion per unit can be calculated by taking (cost )/total units of capacity. multiple choice question. plus salvage value minus operating expenses plus operating expenses minus salvage value
The multiple-choice question's available answers are all incorrect. The depletion per unit formula is (cost of the resource) / (total units of resource capacity).
What is the depletion expense formula?The number of units of natural resources consumed is multiplied by the cost per unit to calculate depletion costs. The cost per unit is calculated by multiplying the overall cost of acquiring, searching for, and developing the natural resources by the anticipated quantity of units that will be extracted.
Which of the following must be considered when determining depreciation costs?To determine depreciation, you must understand: the price of the asset (asset basis), which includes the price of purchasing the item, shipping, installation, and training. The duration of the good (also called the recovery period) the salvage value after its useful life is over1.
To know more about depletion visit:-
https://brainly.com/question/29424795
#SPJ1
Answer: Minus Salvage Value
Explanation:
Organizational design is concerned with an organization developingA. the best structures of costs and efficiency that an organization uses to meet goals.B. important decisions that are suggested by employees.C. optimal structures of accountability and responsibility to execute its strategies.D. the most favorable methods of accomplishing both the diversity and synergy plans.E. new MBO goals.
Organizational design is concerned with an organization developing optimal structures of accountability and responsibility to execute its strategies. The correct option is C.
What is Organizational Design?Organizational design is a vital aspect of creating an organization. It is concerned with how an organization's people, jobs, and systems are organized to meet the goals and objectives of that organization. It is a step-by-step method of organizing and designing an organization that aims to achieve its goals more efficiently and effectively.
The goal of organizational design is to establish an ideal organization structure that optimizes the organization's work processes, reduces duplication of work, streamlines workflow, and enables the company to become more efficient and effective in meeting its objectives.
Optimal structures of accountability and responsibility to execute its strategies are a concern for organizational design.Hence, the correct option is C. optimal structures of accountability and responsibility to execute its strategies.
Learn more about organizational design at
https://brainly.com/question/22664730
#SPJ11
what assesses potential loss that could be caused by a disaster? what assesses potential loss that could be caused by a disaster? business impact analysis (bia) risk assessment (ra) business continuity plan (bcp) business assessment (ba)
The process that assesses potential loss that could be caused by a disaster is called a business impact analysis (BIA).
A business impact analysis is a critical component of disaster recovery and business continuity planning. It involves identifying the critical functions and processes of a business, analyzing the potential impact of a disaster on those functions, and developing strategies to minimize the effects of the disaster.
During a BIA, the organization assesses the potential financial, operational, and reputational impact of a disaster on the business. The BIA takes into account factors such as the time it would take to recover from the disaster, the cost of recovery, the impact on customer relationships, and the effect on the organization's reputation.
The results of the BIA are used to develop a business continuity plan (BCP), which outlines the procedures and strategies to be implemented in the event of a disaster. The BCP includes a risk assessment (RA) that identifies potential threats and vulnerabilities and outlines the steps to mitigate or eliminate those risks.
Together, the BIA, RA, and BCP form a comprehensive disaster recovery and business continuity plan that helps ensure the organization can continue to function in the event of a disaster.
To know more about business impact analysis, refer here:
https://brainly.com/question/28564181#
#SPJ11
these taxes were aimed at the large numbers of immigrant miners drawn by the gold rush from which country?
The taxes were aimed at the large numbers of immigrant miners drawn by the gold rush from China.
The Chinese immigrants arrived in California during the Gold Rush of 1849 and their large numbers made them a visible presence in the state.
In an effort to control the influx of Chinese laborers, California enacted a series of discriminatory taxes, such as the 1852 Foreign Miners' Tax. This tax was levied on foreign miners, excluding those of European and American descent, in order to restrict the number of Chinese miners.
This tax was unpopular and ultimately deemed unconstitutional in 1854 by the California Supreme Court. Despite this ruling, the discriminatory taxes persisted and served as a barrier to the Chinese immigrants who sought to take part in the Gold Rush.
To know more about discriminatory taxes click on below link:
https://brainly.com/question/28217966#
#SPJ11
george heinrich uses 1,500 per year of a certain sub-assembly that has an annual holding cost of $45 per unit. each order placed costs george $150. he operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order. for this sub-assembly, find:
George Heinrich uses 1,500 per year of a certain sub-assembly. Its annual holding cost is $45 per unit. Each order placed costs George $150. He operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order.
To find: Economic Order Quantity, Number of orders to be placed in a year, Reorder Point Calculation
Solution:
We know that,Economic Order Quantity (EOQ) = √((2DS) / H)
Where,
D = Annual Demand of unitsS = Ordering Cost per orderH = Holding Cost per unit per year∴ EOQ = √((2 × 1,500 × 150) / 45)= √10000
= 100 units
Number of orders to be placed in a year = Annual Demand / EOQ= 1500 / 100= 15 Orders/year
Reorder Point Calculation:
Reorder Point = (Lead Time demand) + Safety Stock
Where,
Lead time = time between placing the order and receiving it.Safety Stock = the extra amount of stock that is held in case demand increases or there is a delay in the delivery of the order.Lead time demand = Daily demand × lead time
= 1500/300 × 6
= 30 units
Safety Stock = (Maximum usage per day × Maximum lead time in days) - Lead time demand
= (1500/300) × 1 - 30
= 120 - 30
= 90
∴ Reorder Point = (Lead Time demand) + Safety Stock
= 30 + 90
= 120 units
The Economic Order Quantity is 100 units. The number of orders to be placed in a year is 15 Orders/year. The reorder point is 120 units.
Learn more about Reorder Point: https://brainly.com/question/14952739
#SPJ11
steve has estimated the cash inflows and outflows for his sporting goods store for next year. the report that he has prepared summarizing these cash flows is called a a. pro forma income statement. b. sales projection. c. cash budget. d. receivables analysis. e. credit analysis.
steve has estimated the cash inflows and outflows for his sporting goods store for next year. the report that he has prepared summarizing these cash flows is called cash budget.
A company's estimated cash inputs and expenditures for a given time period—which may be weekly, monthly, quarterly, or annually—is known as a cash budget. A business will use a cash budget to assess whether it has enough currency on hand to maintain operations fforffororor the specified period of time.
A cash budget is frequently created regularly and reviewed on a weekly or monthly basis, based on how important cash is to the activities of the organisation. A cash budget's main goal is to project future cash balances in order to spot possible surpluses and shortfalls.
A cash budget measures a company's financial flows for a given time frame.
To know more about cash budget go through:-
https://brainly.com/question/8707644
#SPJ4
you won a lottery for $14,000. you want to start college and have $10,000 available to start a business when you graduates in 4 years. you earn 1% in your savings account. how much can you spend on a vacation now and still have enough to grow to the $10,000 you need when you graduate?
$4,425.36 on a vacation now and still have enough to grow to the $10,000 you need when you graduate in 4 years, assuming a 1% interest rate.
To calculate how much you can spend on a vacation now and still have enough to grow to the $10,000 you need when you graduate, we can use the future value formula:
FV = PV x [tex](1 + r)^n[/tex] where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years. We know that you have $14,000 now, and you want to save enough to have $10,000 in 4 years. So we can set:
FV = $10,000
PV = $14,000
n = 4 years
r = 1% = 0.01
Plugging these values into the formula, we get:
$10,000 = $14,000 x (1 + 0.01)^4
Simplifying the right side, we get:
$10,000 = $14,000 x 1.0406
Dividing both sides by 1.0406, we get:
$9,574.64 = $14,000
So you can spend up to $14,000 - $9,574.64 = $4,425.36 on a vacation now and still have enough to grow to the $10,000 you need when you graduate in 4 years, assuming a 1% interest rate.
Learn more about interest visit:
https://brainly.com/question/30955042
#SPJ11
which segment of the general environment incudes the functions that allow people to shop online at amazon? a. demographic b. sociocultural c. technological d. sustainable physical environment
The segment of the general environment that includes the functions that allow people to shop online at Amazon is the technological segment.
Technological factors refer to the application of scientific knowledge for practical purposes, and they have a significant impact on how companies operate and compete in the marketplace.
In the case of Amazon, the company has heavily invested in technology to develop and maintain its online shopping platform, which includes features such as personalized recommendations, easy checkout processes, and fast shipping options. The company's use of technology has allowed it to create a seamless online shopping experience for its customers, which has contributed to its success as a leading e-commerce retailer.
To learn more about environment visit;
https://brainly.com/question/30821114
#SPJ4
the debt ratio indicates the percentage of: multiple choice total liabilities classified as current. total assets financed by long-term mortgages. revenue consumed by interest expense. total assets financed by creditors.
The debt ratio indicates the percentage of total assets financed by creditors.
What is the Debt Ratio?
Debt ratio is a financial ratio that compares a company's total liabilities to its total assets. The debt ratio determines the percentage of a company's assets that are financed by creditors.
In other words, the debt ratio is the company's debt-to-assets ratio. In terms of financing, it is critical to assess the debt-to-asset ratio since it demonstrates how much debt is being used to finance the company's assets.
Hence, it is vital to maintain the debt ratio to keep the firm's financial health in check. Therefore, the correct answer is option D, "total assets financed by creditors."
To learn more about debt ratio, refer below:
https://brainly.com/question/14553933
#SPJ11
based on the reading, which of the following are questions that can be put to regression analysis? 1 point what is the impact of lot size on housing price? do homes with brick exterior sell in rural areas? what are typical land taxes in a house sale? do homes with brick exterior sell for less than homes with stone exterior?
The first two questions are appropriate for regression analysis, while the third and fourth questions about land taxes and brick houses are not suitable for regression analysis.
What is the reasoning for the above answer?"What is the impact of lot size on housing price?" - This is an appropriate inquiry for regression analysis because we can use a regression model to analyze the relationship between the lot size of a place and its selling price."Do homes with brick exterior sell in rural areas?" - This is also a suited query for regression analysis because we can use a regression model to investigate the relationship between the type of exterior (brick or non-brick) and the placement (rural or non-rural) on the probability of a home being sold."What are typical land taxes in a house sale?" - This is not an eligible topic for regression analysis because it is asking for data about a specific variable (land taxes) rather than analyzing the relationship between variables."Do homes with brick exterior sell for less than homes with stone exterior?" - This is not a desirable topic for regression analysis because it is asking for a relation between two classes (brick and stone exterior) rather than investigating the relationship between variable quantities.To find out more about regression, visit:
https://brainly.com/question/28178214
#SPJ1
when used for performance evaluation, the mbo method question 42 options: is results oriented is time-consuming all of the responses focuses on end goals
When used for performance evaluation, the MBO method is results-oriented. This is the correct option of the given question.
What's MBO methodThe MBO method stands for Management by Objectives. It is a systematic and organized method that aims to help employees to achieve their goals and improve their performance. This approach is also known as the results-oriented approach as it focuses on the results and achievements of the employees.In the MBO method, an individual's goals and objectives are determined and agreed upon by the employee and the supervisor.
The goals are then divided into smaller sub-goals that are measurable, achievable, and realistic. After a certain period of time, the employee is evaluated based on their progress towards achieving the set goals.The main aim of the MBO method is to improve the performance of the employees and the organization as a whole. It is a results-oriented approach as it focuses on the end results rather than the activities or tasks that the employees perform.
All of the given options except for "is results-oriented" are incorrect. The MBO method is not time-consuming, nor does it focus only on end goals. It is a comprehensive approach that considers the employee's performance, goals, objectives, and overall growth.
Learn more about MBO at
https://brainly.com/question/30757434
#SPJ11
which of these statements regarding the industry life cycle is true? partial power of the market life cycle is its ability to serve as a short-run forecasting device. trends suggested by the market life cycle model are generally not reversible or repeatable. it points out the need to maintain a differentiation advantage and a low cost advantage. it is important for company generic strategies, functional areas, value-creating activities, and overall objectives.
The industry life cycle is an economic model that explains the stages that an industry goes through in terms of growth and revenue. In the case of which of these statements regarding the industry life cycle is true, the correct answer is that it is important for the company's
Generic strategiesFunctional areasValue-creating activitiesOverall objectives.
The industry life cycle is an economic model that explains the stages that an industry goes through in terms of growth and revenue. The market life cycle model can help businesses identify opportunities to grow and prepare for future threats.
The statement "It is important for company generic strategies, functional areas, value-creating activities, and overall objectives" is true because the industry life cycle model is an essential tool for businesses to help them develop their strategy and plan for future opportunities and challenges.
In addition, the model helps companies identify opportunities to enter a new market, make strategic decisions about pricing, and identify new customers. As a result, companies can develop a clear and effective strategy that helps them achieve their goals and objectives.
To know more about the "industry life cycle": https://brainly.com/question/28072264
#SPJ11
the advent of numerous cable and online viewing options prompted a term which accurately describes the television industry's model. what is this term? advertainment channel surfing time shifting file sharing narrowcasting
The term that accurately describes the television industry's model prompted by numerous cable and online viewing options is "narrowcasting."
What's narrowcastingNarrowcasting is a technique that entails targeting media to specific populations or particular interest groups, rather than attempting to appeal to a mass audience. Cable and online viewing options are examples of narrowcasting in action. The use of such services has led to the creation of niche markets that appeal to viewers with unique tastes and preferences.
For example, rather than showing general programming to a broad audience, a particular channel or online streaming service might provide a platform for people interested in food or gardening. As a result, businesses, organizations, and advertisers can direct their messages to specific individuals or groups, allowing for more effective targeting and higher viewer engagement.
In conclusion, the term that accurately describes the television industry's model prompted by numerous cable and online viewing options is "narrowcasting."
Learn more about narrowcasting at
https://brainly.com/question/31118882
#SPJ11
abc inc billed companies 50000 and had 10000 of selling expenses and 20000 of administrative expenses. assume cost of services billed was 5000. what is abcs net income
ABC's net income is $15,000.
Given, ABC Inc billed companies $50,000 and had $10,000 of selling expenses and $20,000 of administrative expenses.
Assume the cost of services billed was $5,000.
Net income is the difference between the total revenue earned and the total expenses incurred in earning that revenue. We can find ABC's net income by following the steps below:
Step 1: Calculate the total expenses
Expenses = Selling expenses + Administrative expenses+ Cost of services billed
Expenses = $10,000 + $20,000 + $5,000 = $35,000
Step 2: Calculate the net income
Net income = Total revenue - Expenses
We know that ABC Inc billed companies $50,000, hence, the total revenue earned is $50,000.Net income = $50,000 - $35,000 = $15,000
Therefore, ABC's net income is $15,000.
For such more questions on net income
https://brainly.com/question/28390284
#SPJ11
regal, incorporated, currently has an eps of $2.34 and an earnings growth rate of 6.5 percent. the benchmark pe ratio is 26. what is the target share price five years from now?
The target share price of Regal, Incorporated, after five years will be $103.74.
The EPS (Earnings per share) of the company is $2.34. The earnings growth rate of the company is 6.5%.The benchmark P/E ratio is 26. To find the target share price, we have to use the price-earnings ratio formula which is given below.
P/E Ratio = Market price per share / Earnings per share. We can calculate the market price of the share using the above formula, Market price per share = P/E Ratio × Earnings per share. Market price per share = 26 × 2.34 = $60.84. Now, to find the target share price after five years, we have to calculate the expected earnings per share after five years.
The expected earnings per share after five years can be calculated using the formula given below.Expected EPS = EPS * (1 + Earnings growth rate) ^ Number of years. Expected EPS = 2.34 * (1 + 6.5%) ^ 5 = 2.34 * 1.407 ^ 5 = $3.99.
Now, we can calculate the target share price five years from now using the formula given below. Target Share Price = P/E Ratio * Expected EPS. Target Share Price = 26 * $3.99 = $103.74, Therefore, the target share price of Regal, Incorporated, after five years will be $103.74.
To know more about share price , refer here
https://brainly.com/question/30974050#
#SPJ11
if the market price facing this price-taker firm was p4, to maximize profit the firm will produce output of a. q1 and earn positive economic profits in the short run. b. q1 and suffer short-run economic losses. c. q4 and earn positive economic profits in the short run. d. q4 and suffer short-run economic losses.
If the market price facing this price-taker firm was p4, to maximize profit, the firm will produce an output of q1 and suffer short-run economic losses. The correct option is (b) q1 and suffer short-run economic losses.
What is a Price-Taker Firm?
A price-taker firm is a business that has no control over the market price of the goods it sells. Firms like this sell an undifferentiated commodity, and they must take the price that exists in the market. The price of the product is determined by the market in the case of a price-taker firm.
They must either accept the going price or exit the market because they are too insignificant to influence prices. They can generate only at the market price because they must accept it, and that determines their revenue.To increase or decrease the supply of the product they offer, they must change the number of units they produce or sell. In the short run, price-taker firms cannot modify the number of inputs they use to manufacture their products, such as hiring or firing staff or buying and selling machinery.
To know more about Price-Taker Firm refer here:
https://brainly.com/question/29218058
#SPJ11
juan had to take several employment tests while he was interviewing to be a bicycle messenger in a large city. which of the following does not seem to be a legally defensible test for this position? multiple choice juan was tested to see how many words per minute he can type. juan was tested on his knowledge of key landmarks in the city. juan was asked to ride a bicycle through an obstacle course.
Answer: Juan was tested to see how many words per minute he can type.
Explanation: This answer is correct because it is not related to doing his future job of being a bicycle messenger.
31. dreamhouse realty (dhr) wants a templated process with a mortgage calculator that generated leads for loans. dhr needs to complete the project within 30 days and has maxed out its budget for the year. which appexchange item should help the administrator to meet the request?
flow solutions Salesforce appexchange item should help the administrator to meet the request.
flow solutions Salesforce include a growing series of companion-built integrations. glide solutions simplify the float building process by using making it easier to create flows that connect to and perform moves on 0.33-birthday celebration systems without requiring extra integration or code. Examples of to be had go with the flow solutions salesforce encompass accepting a credit card price, accomplishing a credit test, checking the climate forecast, and including a video participant. Flows paintings in Cloud drift clothier. They give you the threshold you want to collect industry-specific flows on the fly in an effort to build seamless, guided, and linked experiences.
To recognise more approximately salesforce click here
brainly.com/question/30513818
#SPJ4
a consumer usually will go through all of the steps of the consumer buying decision process for every purchase. group of answer choices true false
The statement "A consumer usually will go through all of the steps of the consumer buying decision process for every purchase" is FALSE. The buying decision process can vary depending on the product or service being purchased, the customer's personality, and the context in which the purchase is being made.
What is the consumer buying decision process?The consumer buying decision process consists of several stages or steps that customers go through when deciding to purchase a product or service.
These stages or steps are:
Problem identificationInformation searchEvaluation of alternativesPurchase decisionPost-purchase evaluationThe customer's needs, tastes, preferences, and motivations influence the decision-making process, which is not necessarily sequential. Instead, it is typically circular and dynamic.
However, it is important to note that customers do not always go through all of the stages, nor do they always do so in a sequential order.
To know more about buying decision process refer to-
brainly.com/question/28604082#
#SPJ11
Suppose a business is currently charging $5 for a widget and the average total cost of producing a widget is $7. From that information we know that fixed costs must be really large for the business.the revenues from selling widgets must be negative the profit from selling widgets can be negative. average fixed costs must be rising from producing widgets
Yes, it is likely that fixed costs are large for the business if the average total cost of producing a widget is $7, and the business is only charging $5 for a widget. The revenues from selling widgets must be negative.
Revenues, also known as revenue or sales, refer to the total amount of money that a company or organization earns from its operations or business activities during a specific period. Revenues are the primary source of income for a company and are generated by selling products or services, leasing assets, or other business activities.
It is important to note that revenues only account for the amount of money earned from sales and do not include any costs or expenses associated with producing or delivering the products or services. Revenues are reported on a company's income statement and are a key measure of a company's financial performance.
Learn more about Revenues: brainly.com/question/23706629
#SPJ11