FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following is the information from corporation A. Unit selling price $50 Unit variable cost $30 Total fixed costs $200,000 Average operating assets $750,000 Minimum required

Following is the information from corporation A.

Unit selling price $50
Unit variable cost $30
Total fixed costs $200,000
Average operating assets $750,000
Minimum required rate of return 12%

The manager of corp A tries to achieve 22% of return on investment. How many units should he sell to get 22% of ROI?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

The Federal Budget Politics Policy Process

The Federal Budget Politics Policy Process

Authors: Allen Schick

3rd Edition

0815777353, 9780815777359

More Books

Students also viewed these Accounting questions

Question

★★★★★
Evaluate these binomial probabilities: a. C80 (.2)0 (.8)8 b. C81 (.2)1 (.8)7 c. C82 (.2)2 (.8)6 d. P(x 1) when n = 8, p = .2 e. P(two or fewer successes)

Answered: 1 week ago

Question

★★★★★
Find the derivative of the function. y = cossin (tan x)

Answered: 1 week ago

Question

★★★★★
Discuss the various facets that the term financial literacy has been used to describe and which is most appropriate from a human capital perspective and useful from a research perspective.

Answered: 1 week ago

Question

★★★★★
Two identical spheres are each attached to silk threads of length L = 0.500 m and hung from a common point (Fig. 21.44). Each sphere has mass m = 8.00 g. The radius of each sphere is very small...

Answered: 1 week ago

Question

★★★★★
HW 2 FV PV IRR (1) -Excel Sign in HOME INSERT PAGE LAYOUT FORMULAS DATAREVIEW VIEW Foxit PDF AutoSum A Fill Wrap Text Currency 10A A o Conditional Format a Cell tting Table Styles Sort &Find & Filter...

Answered: 1 week ago

Question

★★★★★
What b the annust rate of return of thes nvectrnert, astiming the yiele fo mahnity sous not change? A. 533% B. 7.0% C. 8 a\% D. 4.4%

Answered: 1 week ago

Question

★★★★★
Prepare the journal entry to record Zende Company's issuance of 75,000 shares of $5 par value common stock assuming the shares sell for: a. $5 cash per share. b. $6 cash per share. es View...

Answered: 1 week ago

Question

★★★★★
Hashing is a one-way function that maps a message to a fixed-size sequence of bits (hashed value) with the assumption it is extremely difficult to reverse the process. Given the hashed-value, it is...

Answered: 1 week ago

Question

★★★★★
Give me an example and evidence to prove that Boeing's investor relations website is doing a good job in preventing selective disclosure. The example (evidence ) should be kind of doing a comparison...

Answered: 1 week ago

Question

★★★★★
Consider the following integral. 7 I = log(4x) dx The best way to find an antiderivative for log(4x) is to use the integration by parts formula Suv'dx = uv- = uv f u'vdx where u(x) = log(4x) v'(x) =...

Answered: 1 week ago

Question

★★★★★
Designing a Norman Window A Norman window has the shape of a rectangle surmounted by a semicircle. Find the dimensions of a Norman window of perimeter 26 ft that will admit the greatest possible...

Answered: 1 week ago

Question

★★★★★
Create awareness of the strong need people have for encouragement and positive feedback.

Answered: 1 week ago

Question

★★★★★
2. Organizations are continually searching for ways to reward various employee behaviors. Pretend you are currently working at an upscale retail clothing store and the manager asks you to help her...

Answered: 1 week ago

Question

★★★★★
Describe the major barriers to the use of positive reinforcement.

Answered: 1 week ago

Previous Question Next Question