What is the target net income

Assignment Help Accounting Basics
Reference no: EM131754582

Question - A company requires $1,020,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are $180,000. What is the target net income?

Reference no: EM131754582

Questions Cloud

Difference between internal and external target audiences : What is the difference between internal and external target audiences? Desired outcomes or actions for each audience.
Predict eps of all scenarios including last years eps : Prepare one slide in PowerPoint to comment on results with some visuals. Predict EPS of all scenarios including last year's EPS using Excel functions and chart.
Estimate that the equipment will have a scrap value : The company you work for is considering acquiring several of the latest generation desktop computers for use in an office.
Units must be started to allow for loss due to scrap : If the desired daily output is 456 units, how many units must be started to allow for loss due to scrap?
What is the target net income : A company requires $1,020,000 in sales to meet its net income target. What is the target net income
District attorneys receive regarding hate crimes : What types of training do assistant district attorneys receive regarding hate crimes?
Prepare the stockholders equity section : Prepare the stockholders' equity section of the Barnes Communications, Inc., balance sheet at December 31
Calculate the net present value for the project : Calculate the net present value for this project assuming a cost of capital of 15 per cent. Explain how this calculation might help the company.
Challenges to managing geographically distributed team : Challenges to managing geographically distributed team are

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