Cameron Corp Cameron Corp has the following product information: Sales price $20 per unit Contribution margin ratio 35% Fixed costs $59,500 Refer to the Cameron Corp information above. How many units need to be sold in order to earn a target profit of $299,950?
A) 42,850 units
B) 51,350 units
C) 34,350 units
D) 125,808 units
B
You might also like to view...
Other terms used for owner's equity include net worth and capital
Indicate whether the statement is true or false
In a statement of cash flows prepared by the indirect method, an increase in accounts receivable should be
A) deducted from net income in the operating activities section. B) added to net income in the operating activities section. C) reported as an inflow in the investing activities section. D) reported as an inflow in the financing activities section.
“Donating blood can help save three lives, can encourage others to help their community, and can sense of personal accomplishment” is an example of
a. a topic. b. a general purpose. c. a specific purpose. d. a thesis.
You want to use precise, vigorous words to give your readers more information and keep them interested. Which of the following sentences has the best wording?
A) Your order will ship next week. B) Please get back to me as soon as possible. C) Our latest income statement shows a decrease in profits. D) The March balance sheet reports a 10 percent decrease in expenses for the first quarter of the fiscal year.