Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need part 3B answered please! (3) A Anita lupino is planning to open her own toy thamep. She has conducted agreat deal of restarch

image text in transcribed

I need part 3B answered please!

(3) A Anita lupino is planning to open her own toy thamep. She has conducted agreat deal of restarch at her local library, contiacted the industry trade associathon, thas set up a meeting wla consultant nextweek. C.O.G.S 57.8% of net sales operaning Expensed 32.9% ofnet sales 128=910nom bosilod Gross Proft 42.7% ornet rales If Anitas research suggests that she can expect het sales of \$14t5000, What bet profts s could she expect? \[ \begin{array}{l} \text { Net Proft } \longrightarrow 475,000-272175-156275=\longdiv { 4 6 , 5 5 0 . 0 0 } \mathbb { t } ^ { * } \\ \end{array} \] 38. If Anita's net profit target is $32,000, what level of net sales must she achieve

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

Step: 3

blur-text-image

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

SAP Certified Application Associate Financial Accounting With SAP ERP 6 0

Authors: Kiran K ,Augustine D

1st Edition

1544118724, 978-1544118727

More Books

Students also viewed these Accounting questions