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A company desires to sell a sufficient quantity of products to earn a profit of exist60,000. If the units sales price is exist20, unit variable
A company desires to sell a sufficient quantity of products to earn a profit of exist60,000. If the units sales price is exist20, unit variable is exist12, and total fixed costs are exist120,000, how many must be sold to earn net income of exist60,000? a 33, 750 units b 13, 500 units c. 18,000 units d. 22, 500 units On a statement of cash flows using the indirect format, an increase in accounts payable is a. ignored, since it is a noncash expenditure b. deducted from net income in the operating activities section c. included as an outflow in the financing activities section d. added to net income in the operating activities section Based on the following data for the current year, what is the inventory turnover? a 83 b. 3.3 c. 3.7 d.50
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