Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 11, 2024

4. A company using cost-plus pricing has an ROI of 24%, total sales of 20,000 units and a desired ROI per unit of $30. What

4. A company using cost-plus pricing has an ROI of 24%, total sales of 20,000 units and a desired ROI per unit of $30. What was the amount of investment?

a. $144,000

b. $2,500,000

c. $456,000

d. $789,475

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting And Auditing Theory And Practice

Authors: Prof. R.B. Patel

1st Edition

8188730882, 978-8188730889

More Books

Students also viewed these Accounting questions

Question

★★★★★

Write a note for financial analysts explaining how the published income statement (profit and loss account) provides a useful indication of the financial performance of a company?

Answered: 1 week ago

Question

★★★★★

The prism in Figure P24.32 is symmetric (i.e., its face forms an isosceles triangle). If the ray showed is perpendicular to the bottom surface of the prism and just barely undergoes total internal...

Answered: 1 week ago

Question

★★★★★

=+35.17. Suppose that 0 has an arbitrary distribution, and suppose that, conditionally on 0, the random variables Y1, Y2 ,... are independent and normally dis-

Answered: 1 week ago

Question

★★★★★

In this task, you will research and present your findings on ammonium lauryl sulfate, also called ammonium dodecyl sulfate.Ammonium lauryl sulfate is a type of surfactant, a cleaning chemical...

Answered: 1 week ago

Question

★★★★★

4. A company using cost-plus pricing has an ROI of 24%, total sales of 20,000 units and a desired ROI per unit of $30. What was the amount of investment? a. $144,000 b. $2,500,000 c. $456,000 d....

Answered: 1 week ago

Question

★★★★★

Pineda State College, a public college, receives notification prior to the start of the fiscal year that it will receive $1,400,000 in appropriations from the state. The appropriations are...

Answered: 1 week ago

Question

★★★★★

1 . Discuss the role of employee engagement in the growth of organization as argued by the author?

Answered: 1 week ago

Question

★★★★★

2 . 1 The logistical drivers of supply chain include facilities and transport. How would you relate these to material flow? ( 1 5 ) 2 . 2 Price and quality are key factors in consumer buying...

Answered: 1 week ago

Question

★★★★★

2 3 points Determine the force P required to maintain equilibrium of the 128.6 lb container. Report the force P in units of pounds to one decimal point. Type your answer

Answered: 1 week ago

Question

★★★★★

Which function can be used to specify the width and height of an OpenGL window? glfwCreateWindow, glfwInit, gladLoadGLLoader, or glViewport

Answered: 1 week ago

Question

★★★★★

E.) Develop appropriate access control protocols that provide an appropriate amount of protection while allowing users to continue to operate without denial of service. F.)Justify your access control...

Answered: 1 week ago

Question

★★★★★

Teamwork. Picture yourself as the author of the Ask Andy column in your school paper. You receive a letter that says, My boss is always suggesting ways for me to do my job better.When I mentioned...

Answered: 1 week ago

Question

★★★★★

Teamwork. Virtual teams are growing as an organizational phenomenon, and web-assisted technologies are being used to facilitate their work.Research several businesses in your city to see whether they...

Answered: 1 week ago

Question

★★★★★

For each of the following situations, give a verbal and nonverbal example of a passive reponse, an aggressive response, and an assertive response. (Objective 2) a. You bought a new gas grill at the...

Answered: 1 week ago

Previous Question Next Question