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

Question

1 Approved Answer

If total costs are $10,364,047 and we want a margin of 7%, what does revenue need to be to get us to a 7% margin?

If total costs are $10,364,047 and we want a margin of 7%, what does revenue need to be to get us to a 7% margin?

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

IT Security Risk Control Management An Audit Preparation Plan

IT Security Risk Control Management An Audit Preparation Plan

Authors: Raymond Pompon

1st Edition

1484221397, 978-1484221396

More Books

Students also viewed these Accounting questions

Question

★★★★★
What types of incentives might the consumers respond to in changing their energy use?

Answered: 1 week ago

Question

★★★★★
I am too busy. What does this statement show about the nature of the responses of some teachers?

Answered: 1 week ago

Question

★★★★★
Jackman, Inc., makes and sells many consumer products. The firms average contribution margin ratio is 30 percent. Management is considering adding a new product that will require an additional...

Answered: 1 week ago

Question

★★★★★
If total costs are $10,364,047 and we want a margin of 7%, what does revenue need to be to get us to a 7% margin?

Answered: 1 week ago

Question

★★★★★
How can I be more attentive in class and quickly understand what the teacher explains?

Answered: 1 week ago

Question

★★★★★
A metal sphere is grounded and an electrically charged rod is held close to it. The sphere acquires a charge \(q\). The grounding wire is removed, and the sphere is brought in contact with another...

Answered: 1 week ago

Question

★★★★★
Consider the nonlinear regression model \(y=\exp \left(\mathbf{x}^{\prime} \boldsymbol{\beta} ight) /\left[1+\exp \left(\mathbf{x}^{\prime} \boldsymbol{\beta} ight) ight]+u\), where the error term is...

Answered: 1 week ago

Question

★★★★★
The term blue chip applies to stocks issued by a company in excellent financial standing with a record of producing earnings and paying dividends. Stocks in companies such as GE and Chrysler were...

Answered: 1 week ago

Question

★★★★★
An ETF is a. a contract that gives a buyer the right to buy or sell a security at a specified price on or before a certain date. b. an agreement between a buyer and seller to buy an asset at a later...

Answered: 1 week ago

Question

★★★★★
Treasury notes are bonds that mature in 2, 3, 5, 7, and 10 years. True or False

Answered: 1 week ago

Question

★★★★★
6. Explain the strengths of a dialectical approach.

Answered: 1 week ago

Question

★★★★★
4. How have other fields contributed to the study of intercultural communication?

Answered: 1 week ago

Question

★★★★★
1. Becoming Culturally Conscious. One way to understand your cultural position within the United States and your own cultural values, norms, and beliefs is to examine your upbringing. Answer the...

Answered: 1 week ago

Previous Question Next Question