Market Sales had $1,200,000 in sales last month. The variable cost ratio was 60% and operating profits were $80,000. What sales volume does Market's need to yield a $200,000 operating profit?
A. $2,000,000.
B. $1,000,000.
C. $1,500,000.
D. $1,200,000.
Answer: C
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Which of the following is an operational component of marketing channel performance?
A) product assortment B) sales revenue C) service quality D) customer value E) profitability
The article titled “The Social Responsibility of Business Is to Increase Its Profits” that was published in the New York Times Magazine was written by ________________.
a. Edward Freeman b. E. Merrick Dodd, Jr. c. Milton Friedman d. Archie Carroll
Total operating expenses on Tucker Company's income statement for last year totaled $215,000. During the year the accounts payable stayed the same, the accrued liabilities stayed the same, and prepaid expenses stayed the same. Depreciation expense for the year was $11,000. Based on this information, operating expenses adjusted to cash basis under the direct method on the statement of cash flows
would be: A) $215,000. B) $204,000. C) $226,000. D) none of these.
It is important that you answer all potential questions in your response to prevent further unnecessary correspondence or discussion
Indicate whether the statement is true or false