If fixed costs cannot be reduced, how much reduction in variable costs will be needed to achieve the desired target?
Ignite Products is a price-taker. The company produces large spools of electrical wire in a highly competitive market; thus, it uses target pricing. The current market price of the electric wire is $700 per unit. The company has $3,000,000 in average assets, and the desired profit is a return of 8% on assets. Assume all products produced are sold. The company provides the following information:
A) $240,000
B) $14,000,000
C) $9,440,000
D) $79,200,000
C) $9,440,000
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Indicate whether the statement is true or false
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What will be an ideal response?
Under the dimensions of observation, what is meant by Time?
a. the things people are trying to accomplish b. the sequencing that takes place over time c. single actions that people do d. a set of related activities that people carry out
To create the Income by Customer Summary report:
A. Select Company Center > Customers & Sales B. Select Reports Center > Company & Financials C. Select Customers Center > Income by Customer D. Select Reports Center > Customer & Sales