Question
1) For Sunland Company, variable costs are 70% of sales and fixed costs are $183,300. Calculate the required sales in dollars that are needed to
1)
For Sunland Company, variable costs are 70% of sales and fixed costs are $183,300. Calculate the required sales in dollars that are needed to achieve management's target operating income of $70,500. (Use the contribution margin approach.) Sales to achieve target net income $
2)
The following information is available for a potential investment for Bonita Company: Initial investment $39300 Net annual cash inflow 9500 Net present value 15720 Salvage value 5400 Useful life 10 yrs The potential investment's proftability index is O 2,48. O 1,40. O 2.83. 0 4.14.
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