Discuss opal desires a monthly target operating profit equal

Assignment Help Accounting Basics
Reference no: EM131761767

Opal Company manufactures a single product that it sells for $90 per unit and has a contribution margin ration of 35%. The company's fixed costs are $46,800. If Opal desires a monthly target operating profit equal to 15% of sales, sales will have to be (rounded):

Reference no: EM131761767

Questions Cloud

Explian the risks in the contractor-customer relationship : Analyze the importance of the communication process in the contractor- customer relationship. Explian the risks in the contractor-customer relationship.
Describe the certification requirements : Identify the governmental agency or authority responsible for regulation of the safety of the airline's flight operations in its home nation.
Styles between the romanesque and gothic styles : What are some contextual reasons for the differences? Be sure to connect your arguments to specific examples in painting, sculpture, or architecture.
It should identify the term : Who is Georg Ohm? It should identify the term, and answer the five journalist's questions: who, what, why, when, how AND most importantly
Discuss opal desires a monthly target operating profit equal : The company's fixed costs are $46,800. If Opal desires a monthly target operating profit equal to 15% of sales
Provide the ability to monitor natural phenomena : Research resources available on the Internet for monitoring natural phenomena including earthquakes, volcanoes, tsunamis, global climate, and weather.
Understandings of national identity : Compare and contrast views of United States national expansion in the nineteenth century. Evaluate how understandings of national identity
Describe implications for theory that apply to documentary : Describe three implications for theory that apply to the documentary and explain each of them with a minimum of one paragraph.
Discuss calculate gross profit : Up minus to minus date Merchandisers has the following transactions for the month of July

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd