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victus00 [196]
2 years ago
8

Robin Company wants to earn a 6% return on sales after taxes. The company’s effective income tax rate is 40%, and its contributi

on margin is 30%. If Robin has fixed costs of $240,000, the amount of sales required to earn the desired return is
Business
1 answer:
Lubov Fominskaja [6]2 years ago
5 0

Answer:

Answer is 1,200,000

Explanation:

return on sales after taxes = 6%

effective income tax rate = 40%, contribution margin = 30%.

Robin has fixed costs = $240,000,

We are to find the amount of sales required to earn the desired return using the information above.

Profit = Contribution - Fixed Cost

Assuming sales = K

6/(100-40)K = (30/100)K -240,000

0.1K =0.3K -240,000

0.2K =240,000

K = 240,000/0.2

so K =1,200,000.

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Answer:

The correct answer is letter "D": Pepsi to the right.

Explanation:

The demand law states that when the price decreases, the quantity demanded will increase -moving the demand curve to the right, and when the price increases, the quantity demanded decreases -moving the demand curve to the left. The price-quantity demanded relation is inversely proportional.

Thus, if the price of Pepsi decreases, all else constant -<em>ceteris paribus</em>, the quantity demanded will increase moving the demand curve to the right.

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1 year ago
Explain how the boss at the company in the following scenario could have delegated the tasks more appropriately : Samuel and Mar
OverLord2011 [107]

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Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan

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In order to implement a cost-leadership strategy effectively, a ________ structure is preferred in a firm. functional and organi
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In order to implement a cost-leadership strategy effectively, a <span>functional and mechanistic</span> structure is preferred in a firm. The cost leadership strategy in business was developed by Michael Porter regarding competitive advantage. The ultimate goal is to achieve the lowest cost of manufacturing and operating your product within the industry. 

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Which of the following is an example of a sales promotion? A. Pay per click Internet advertising B. A coupon that expires in one
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1 year ago
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TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.
myrzilka [38]

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

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6. variable and direct

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<u>Fixed and variable costs</u>

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The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

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