0
What would the sales be if the company desires a profit of 104300 in sales and the break even point in dollar sale for Rice Company is 352000 and the company contribution margin ratio is 35 percent?
Wiki User
∙ 9y ago
Break even sales = fixed cost + desired profit / contribution margin ratio
Fixed cost = breakeven point sales * contribution margin
Fixed cost = 352000 * 0.35 = 123200
Breakeven point = (123200 + 104300 ) / 0.35
Breakeven point = 332857
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Ginger Company's product has a contribution margin per unit of 11.25 and a contribution margin ratio of 22.5 percent What is the selling price of the product?
50
What can you contribute to our company if ever we hire you?
if you hire me i will give my 100 percent service to your company and i will be an asset to your company
What is the dividend received deduction?
If a company receives dividends from another company it is entitled to a deduction of 70 percent of the dividends that it receives. However, if the receiving company owns 20 percent or more then the deduction is 80 percent.
Who owns Clear Wireless?
clear wireless owns 49 percent of the company and Sprint owns 51 percent of the company
Patterson company owns 83 percent of the outstanding stock of Taylor Company Patterson Company is referred to as the?
Parent. When a company owns all or a majority of the company it is referred to as the parent.
What is a share with reference to a company?
It is essentially buying your "share" of the company. You're buying a small percent of the country. Majority shareholders own a majority of the company.
Can an offshore company create 100 percent owed subsidiares in other countries?
Dear . Offshore company can hold another company with its 100% share.
By 1890 this company controlled 90 percent of the oil refining business in the US?
Standard Oil Company
By 1890 this company controlled 90 percent of the oil refining business in the united states?
Standard Oil Company
What description of a holding company?
a holding company is a company who holds more than 50 percent of the share capital of another company and has the right to appoint a director and have majority in voting rights or A+ answer owning the shares from other companies
What is the term for a percent of the company's profit that is paid to the shareholders?
Dividends
What is it called when a company that has sold 49 percent of its shares?
stock
