Business, 05.05.2020 08:49 mmaglaya1

Silicon Technologies, currently sells 17" monitors for $270. It has costs of $210. A competitor is bringing a new 17" monitor to market that will sell for $230. Management believes it must lower the price to $230 to compete in the market for 17" monitors. Silicon believes that the new price will cause sales to increase by 10%, even with a new competitor in the market. Silicon's sales are currently 5,000 monitors per year. 1. What is the target cost if the target operating income is 25% of sales? A) $230.00 B) $207.00 C) $172.50 D) $115.00 2. What is the change in operating income if marketing manager is correct and only the sales price is changed? A) $200,000 B) $190,000 C) $(190,000) D) $(200,000)

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 21:20

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Answers: 3

Answer

Business, 22.06.2019 22:00

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.

Answers: 3

Answer

Business, 23.06.2019 09:30

Determine the fundamental ways in which the ncaa's ethics program failed to prevent the scandals at penn state, ohio state, and the university of alaska. support your response with one (1) example from each of these schools' scandals. examine the principal ways in which the leadership of the ncaa contributed to the ethical violations of penn state, ohio state, and the university of alaska. support your response with one (1) example from each of these schools' scandals.

Answers: 2

Answer

Business, 23.06.2019 18:00

What are two dangers of online banking?

Answers: 2

Answer

You know the right answer?

Silicon Technologies, currently sells 17" monitors for $270. It has costs of $210. A competitor is b...

Questions