Calculate the sales volume in dollars

Assignment Help Financial Management
Reference no: EM13725445

Big Chill, Inc. sells portable dehumidifier units at $187. Unit variable costs are $111. Fixed costs are $4,175,000. Management has set a profit objective of 15.2% return on sales. Calculate the sales volume in dollars that will provide a 15.2% return on sales. Round your answer to the nearest dollar

Reference no: EM13725445

Questions Cloud

Write a paper that identifies each link in the supply chain : Write a 700- to 1,050-word paper that identifies each link in the supply chain and the purpose and value in each
Estimate the expected growth rate : Caballos, Inc., has a debt to capital ratio of 18%, a beta of 1.4 and a pre-tax cost of debt of 7.6%. The firm had earnings before interest and taxes of $ 618 million for the last fiscal year, after depreciation charges of $ 249 million. The firm had..
What will next years earning be : The newspaper reported last week that Bennington Enterprises earned $34.02 million this year. The report also stated that the firm’s return on equity is 14 percent. Bennington retains 70 percent of its earnings. What will next year's earning be?
What organizational goal is driving dst systems training : What organizational goal is driving DST Systems training? What will the benefit be? What is the skill gap? What competencies (knowledge, skills, or attitudes) will this program need?
Calculate the sales volume in dollars : Big Chill, Inc. sells portable dehumidifier units at $187. Unit variable costs are $111. Fixed costs are $4,175,000. Management has set a profit objective of 15.2% return on sales. Calculate the sales volume in dollars that will provide a 15.2% retur..
Desperate need of cash and turn : You are in desperate need of cash and turn to your uncle, who has offered to lend you some money. You decide to borrow $1,360 and agree to pay back $1,620 in two years. What interest rate is your uncle charging you?
Prepare a presentation on the information for whole foods : Basic power point presentation on the following information for Whole Foods
Debt must be repaid in two equal instalments : Digital Organics (DO) has the opportunity to invest $0.98 million now (t = 0) and expects after-tax returns of $580,000 in t = 1 and $680,000 in t = 2. The project will last for two years only. The appropriate cost of capital is 14% with all-equity f..
Make another deposit into the account : Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into the account, how long will it take for the account to increase to $2 million?

Reviews

Write a Review

Financial Management Questions & Answers

  International finance problemnbspfibudoor

international finance problemnbspfibudoor corporationnbspnbspnbspnbspnbspnbspnbspnbsp when raymond morgan entered his

  Explain what is the net income of the firm for the year

cost of goods sold, $450,000 in operating expenses (including a depreciation expense of $150,000), with a tax liability equal to 35% of the firm's taxable income. What is the net income of the firm for the year?

  Explain the benefit of using flexible budgets

Prepare a flexible budget for 20,000, 22,500, and 25,000 units of activity and was Centron's experience in the quarter cited better or worse than anticipated? Prepare an appropriate performance report and explain your answer.

  Q1amanda white has started a domestic cleaning business

q1amanda white has started a domestic cleaning business spotless view cleaning svc. she started the business on 1st may

  Retirement account rate

A 40-year-old individual establishes a retirement account that is expected to earn 7 percent annually. Contributions will be $2,000 annually at the beginning of each year. Initially, the saver expects to start drawing on the account at age 60.

  Corporation has outstanding accounts receivable totaling

A corporation has outstanding accounts receivable totaling $3,500 as of December 31. During the year the company had sales on credit of $24,000. There is also a debit balance of $1,200 in the allowance for doubtful accounts.

  Suppose that a manufacturer is going to produce a part

suppose that a manufacturer is going to produce a part which is a component of a number of his assembled products. the

  How much interest

Suppose you borrowed $14,000 at a rate of 10.0% and must repay it in five equal instalments at the end of each of the next five years. How much interest would you have to pay in the first year?

  What is the return expected on investment measured

What is the return expected on investment measured in dollar terms if the opportunity cost rate is 10 percent and provide an explanation, in economic terms, of your answer.

  Explain interaction between carson company and rimsa savings

Rimsa Savings is a savings institution that provided Carson Company with a mortgage for its office building. Rimsa recently offered to refinance the mortgage if Carson Company will change to a fixed-rate loan from an adjustable-rate loan.

  What must be the one-year forward exchange rate

If the interest rate in the United Kingdom is 7 percent, the interest rate in the United States is 8 percent, the spot exchange rate is $1.742/£1, and interest rate parity holds, what must be the one-year forward exchange rate?

  Explain process for calculating beta and the inputs

As of early September 2010, Wal-Mart's (WMT) beta is 0.33 and Target Stores (TGT) beta is 1.02. Discuss the meaning of these two betas, analytically, by briefly setting forth the process for calculating beta and the inputs to the calculations wher..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd