What is targeted net income

Assignment Help Accounting Basics
Reference no: EM132031451

Question - Key Company has a targeted sales volume of $62,300 units. Total fixed costs are $31,200. The contribution margin per unit is $1.20. What is targeted net income?

A.) $31,200

B.) $43,560

C.) $37,440

D.) $74,760

Reference no: EM132031451

Questions Cloud

What was the nominal return in year 3 : The TIPS bond has an annual coupon rate of 4.5%. The table below shows the history of inflation rates for the first three years of the bond's life.
Role of vitamins and other micro nutrients : What do you think are the role of vitamins and other micro nutrients? How do the following transfer through the body?
Compute the amount received for the bonds : Jackson Company issued USD 100,000 face value of 15 percent, 20-year junk bonds on 2010 April 30. Compute the amount received for the bonds
At which the company should work the extra shift : At the end of the third year the company will receive payment of $650,000. Assume the IRR of this option exceeds the cost of capital.
What is targeted net income : Key Company has a targeted sales volume of $62,300 units. Total fixed costs are $31,200. The contribution margin per unit is $1.20. What is targeted net income
Why do tendons and ligaments not heal as readily as other : Why do tendons and ligaments not heal as readily as other tissue? What is the recommend dietary intake of calcium? What foods are rich in calcium?
What is the market required rate of return on timothys firm : Currently, his preferred stock makes up approximately 15% of his firm's long-term financing.
What is the evidence that chordates are more closely : What is the evidence that chordates are more closely related to sea urchins (echinoderms) and acorn worms (hemichordates) than to protostomes.
What was the capital gain of the tips in percentage terms : At the beginning of this year, the CPI was 192.20 and was at 202.60 at the end of the year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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