subject
Business, 06.05.2020 06:33 teagan1716

Gordon Manufacturing earned net income of $100,000 during 2015. The company wants to earn net income of $40,000 more during 2016. The company's fixed costs are expected to be $147,000, and variable costs are expected to be 30% of sales.

Required:
Determine the required sales to meet the target net income during 2016.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:10
When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
Answers: 2
question
Business, 22.06.2019 21:50
Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t
Answers: 3
question
Business, 23.06.2019 10:50
What are examples of career fields skillsusa prepares students for? check all that apply. health science education agriculture construction manufacturing transportation information technology public safety multiple choice: health science education agriculture construction manufacturing transportation information technology public safety
Answers: 1
question
Business, 23.06.2019 20:10
What pitfall should type-b personalities avoid? controlling every aspect of a project allowing slackers to get away with doing next to nothing covering for an absent employee doing all a group's work to stay ahead of a deadline?
Answers: 2
You know the right answer?
Gordon Manufacturing earned net income of $100,000 during 2015. The company wants to earn net income...
Questions
question
Mathematics, 22.08.2020 22:01
question
Mathematics, 22.08.2020 22:01
question
English, 22.08.2020 22:01
Questions on the website: 13722362