Need help on all of them please thank you! The company has a target...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Need help on all of them please thank you!
The company has a target net income of $145,000. What is the required sales in dollars for the company to meet its target? Sales dollars required for target net income $ eTextbook and Media Attempts: 0 of 3 used (d). If the company meets its target net income number, by what percentage could its sales fall before it is operating at a loss? That is, what is its margin of safety ratio? (Round answer to 1 decimal place, e.g. 10.5.) Margin of safety ratio % eTextbook and Media The company has a target net income of $145,000. What is the required sales in dollars for the company to meet its target? Sales dollars required for target net income $ eTextbook and Media Attempts: 0 of 3 used (d). If the company meets its target net income number, by what percentage could its sales fall before it is operating at a loss? That is, what is its margin of safety ratio? (Round answer to 1 decimal place, e.g. 10.5.) Margin of safety ratio % eTextbook and Media
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
