Last month peggy company had a $22,080 profit on sales of $286,900. fixed costs are $92,680 a month. what sales revenue is needed for peggy to break even? (

Answers

Answer 1
Given:
For last month,
Profit = $22,080,
Sales = $286,900
Also,
Fixed costs = $92,680 per month
Therefore,
Revenue - (286,900 + 92680) =  22080
Revenue =  $401,660

To break even, profit = 0, so that
Sales Revenue = 286,900 + 92,680 = $379,580

Answer: $379,580


Related Questions

Lily's apparel, a renowned apparel store, focuses on gen y customers and provides them with a customized clothing experience. the store helps the customers to design clothes that appeal to their individual style. lily's apparel has defined its target market by _____.â

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 lily's apparel has defined its target market by : Psychographic characteristics
A psychograhic characteristic is a way to define a target market by finding similar attitudes, lifestyle , or value.
By knowing this similarities, we could find a product that will fulfill all the needs that is required by the majority of that market

The store helps the customers to design clothes that appeal to their individual style. lily's apparel has defined its target market by demographic segmentation.

Lily's apparel has defined its target market by demographic segmentation. This is because the store specifically focuses on Generation Y customers, which is a demographic characteristic. Demographic segmentation involves dividing the market into groups based on variables such as age, gender, income, occupation, education, and family size.

By catering to the preferences and styles of Generation Y, also known as millennials, Lily's apparel is using age as a key demographic factor to tailor its products and services. This approach allows the store to create a more personalized and appealing shopping experience for this specific age group, which is essential for building customer loyalty and driving sales in a competitive retail environment."

A trade union representing workers in particular job categories acts as a(n) ____________ when it attempts to influence policy.

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The trade union acts as AN INTEREST GROUP. An interest group refers to a group of people that seeks to influence public policy on the basis of a specific common concern or interest. An interest group can fall under one of two categories which are economic and non-economic interest groups.

The predisposition in which people's subjective confidence in their decision making is greater than their objective accuracy is ____. confidence bias overconfidence bias hindsight bias predisposition bias the tunnel vision effect

Answers

The best answer for this statement would be:

overconfidence bias

This is because their overshadowing confidence and pride is quick to make a terrible bias decision. The result of their attitude has led them to ignore the opinions and reason that would have made a better decision.

Luis consulting started the year with total assets of $60,000 and total liabilities of $17,000. during the year, the business recorded $48,000 in consulting revenues and $36,000 in expenses. luis made an additional investment of $8,000 and withdrew cash of $9,000 during the year. ownerâs equity changed by what amount from the beginning of the year to the end of the year? $11,000. $3,000. $12,000. $45,000.

Answers

Owner's equity at the beginning of the year is
Assets-liabilities
60,000−17,000=43,000

Owner's equity at the end of the year is
Beginning balance+revenues-expenses+additional investment-withdrawal amount
43,000+48,000−36,000
+8,000−9,000
=54,000

Owner's equity changed by
ending balance-beginning balance
54,000−43,000=11,000. ..answer

The owners equity changed by $11000. So, the correct answer is option A.

What is equity?

Equity refers to the ownership interest of shareholders in a company, represented by the assets that remain after all liabilities are paid. It is also known as net worth or shareholder's equity.

Owner's equity at the beginning of the year is

Assets-liabilities

60,000−17,000=43,000.

Owner's equity at the end of the year is beginning balance + revenues - expenses + additional investment-withdrawal amount:

43,000+48,000−36,000

+8,000−9,000

=54,000

Owner's equity changed by ending balance-beginning balance:

54,000−43,000=11,000.

Therefore, owners equity changed by $11000. So, the correct answer is option A.

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If houston company billed a client for $18,000 of consulting work completed , the accounts receivable asset increases by $18,000 and:

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The answer is

Revenues increases by 18000

Team cohesiveness does not necessarily lead to higher team productivity.

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This statement is true - only because a team is cohesive doesn't mean that it is going to be very productive.
This doesn't only depend on the team itself, but also on the relationship between management and the working team. The team has the potential to be very productive, but it will depend on this relationship I mentioned. If it's good, they are likely to be productive, and vice versa.

What are the purposes of the two parts of the report of​ management? the purpose of the first part of the report of management is for management to?

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the purpose of the first part of the report of management is to state it's responsibilities for internal control over financial reporting.

The second part of the report states managements responsibility for the fair presentation of the financial statements.

If a contestable market does not satisfy all of the conditions of a perfectly competitive market, that contestable market _______________ achieve resource allocative efficiency.

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If a contestable market does not satisfy all of the conditions of a perfectly competitive market, that contestable market Could possibly achieve resource allocative efficiency..
In imperfect competitive market, there will always a business that have competitive advantage compared to other competitors. Which means the business could best other business without sweating too much on marketing simply by sheer quality

In competitive settings profits will lead firms to

Answers

In competitive settings, profits will lead firms to ENTER THE MARKET. On the other hand losses will leads firms to exist the market. In competitive settings, the incentives for carrying out production at low costs  and devising new ways of pleasing consumers are pretty strong. 

A computer monitor uses 2.0 a of current when it is plugged into a 120 v outlet. the monitor is never turned off. what is the yearly cost of operating the monitor if the cost of electricity is $0.12/kwh

Answers

Power (P) is calculated by multiplying current (I) and voltage (V). This can be mathematically expressed as,
     
                              P = I x V

                              P = (2.0 A) x (120 V) 
                                 = 240 W

Converting 1 year to number of hours,
                  1 year x (365 days/1 year) x (24 hr / 1 day) 
                               = 8760 hours

Calculating for the cost of power,

                  Cost = (240 W) x (1 kW/1000 W) x ($0.12/kWh) x (8460 hours)
                      Cost = $203.04

Thus, the yearly cost of power is approximately $203.04. 

The yearly cost of operating a computer monitor that uses 2.0 A of current and 120 V outlet, to operate the monitor is $252.29. The answer is $252.29/year.

The student asked about the yearly cost of operating a computer monitor that uses 2.0 A of current when plugged into a 120 V outlet and is never turned off, with electricity costing $0.12/kWh. To calculate this, we first need to determine the power used by the monitor which is the product of the current (I) and the voltage (V), resulting in Power

(P) = I × V = 2.0 A  × 120 V = 240 W.

This power needs to be converted to kilowatts, so P = 0.240 kW. Since the monitor is never turned off, it operates 24 hours a day for the entire year (365 days). Thus, the energy consumed (E) over a year is

E = P × time = 0.240 kW × 24 h/day × 365 days/year = 2102.4 kWh/year. Finally, we calculate the cost by multiplying the energy consumed by the cost of electricity,

Cost = E × cost of electricity = 2102.4 kWh/year ×  $0.12/kWh = $252.29/year.

A firm has good associations with its customers, suppliers, and others who provide added mutual value for the firm. name the form of intellectual capital that is possessed by the firm due to its good associations.

Answers

Relationship capital is the answer. it is a form of intellectual capital, which is the value derived from an organization's relationships with customers, suppliers, and others who provide added mutual value for the organization. It includes brand image and organization’s goodwill.

When performing a cma, what unit of comparison is used?

Answers

Final answer:

To compare measurements such as 5 cm and 70 mm, first convert them to the same unit, using the fact that there are 10 mm in 1 cm. After conversion, you can directly compare the two measurements.

Explanation:

When performing a CMA, which stands for Comparative Market Analysis, in fields such as real estate or business, various units of comparison are used depending on the aspect being analyzed.

However, if CMA refers to comparing measurements specifically, the unit of comparison that should be used needs to be consistent. For instance, if you want to compare 5 cm and 70 mm, you would first need to convert the measurements to the same unit, either all in centimeters or all in millimeters.

To convert 70 mm to centimeters, knowing that there are 10 mm in 1 cm, you would divide 70 by 10, which equals 7 cm. With both measurements in centimeters, you can now easily compare the two: 5 cm and 7 cm.

When selecting a unit of comparison for measurement, it's important to choose the one that allows for the most accurate comparison. As the example mentions, millimeters might provide a more precise measurement than centimeters when needing more detailed accuracy.

When considering different units like millimeters, centimeters, meters, and kilometers, it's always best to choose the unit that most closely aligns with the size of the object being measured.

A 60-year old man wants to trade in and out of the market on a daily basis. he has the investment objectives of income and capital gains. the best recommendation is a(n):

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Final answer:

A balanced-oriented investment approach is recommended for a 60-year-old man trading daily, as it reduces volatility while allowing for income and moderate capital gains, suitable for his investment horizon and need for stability.

Explanation:

The best recommendation for a 60-year-old man with investment objectives of income and capital gains who wants to trade in and out of the market on a daily basis would be a more balanced-oriented investment approach. This strategy focuses on reducing potential volatility while still allowing for moderate growth of principal. Such a portfolio typically includes a mix of income-generating investments, like bonds or dividend-paying stocks, and growth-oriented assets, in contrast to a portfolio that is heavily weighted towards stocks for growth.

A balanced portfolio might be more appropriate for someone nearing retirement age, as it aims to provide both income and long-term capital gains while considering the shorter investment horizon and potential need for more immediate liquidity. It acknowledges the tradeoff between risk and return, looking to maintain a level of stability while still optimizing for growth. In the context of daily market trading, it is also critical for the investor to consider the implications of transaction costs and tax efficiency, which can erode returns if not managed carefully.

The purchase of store equipment for cash reduces assets and owner's equity by an equal amount.
a. True
b. False

Answers

false, increases assests

Cullen files a suit against demi. cullen and demi meet, and each party's attorney argues the party's case before a judge and jury. the jury presents an advisory verdict, after which the judge meets with the parties to encourage them to settle their dispute. this is

Answers

It is a settlement agreement, where the defendant could pay the plaintiff an agreed amount to settle the dispute.

Answer:

The correct answer is:  a summary jury trial.

Explanation:

A summary jury trial aims to provide the parties involved with an effective and economical means of resolving their dispute under their own terms. Usually, the summary jury trial is conducted in one (1) day and it is led by a judge, six (6) juror, or a hearing officer that could be chosen by the parties in dispute.

Which financial statements is divided into major categories of operating, investing and financing activities?

Answers

The financial statements that is divided into major categories of operating, investing and financing activities is the statement of cash flow. In this statement, the cash inflows and outflows of the company would be shown. The operating would show the cash flow in the normal operation of the business. The investing would show the cash flow in the investments of the company. And the financing will show the cash flow of the finances of the company. The primary purpose of this statement is to inform readers how much cash is available in the company. This will be a factor in determining the company's liquidity.

Why might you need to verify risk elements if a substantial amount of time has passed since you performed a risk assessment?

Answers

The importance of verifying risk elements after prolonged periods of forgoing a risk assessment, is to ensure that one is still understanding and wary of the various variables at hand. This is primarily in order to ensure safety and security in these regards.

Net income isâ ________.
a. the cash flow from the operations of the company during the period.
b. not cash flow.
c. the increase or decrease in cash flow for the period.
d. earnings before interest and taxes.

Answers

C. 'Net' anything is total gain or loss.

Net income is a  not cash flow. The amount of money left over after all expenses have been paid is known as net income. The correct option is (b).

What do you mean by the Net income?

Sales are subtracted from cost of products sold, selling, general and administrative expenditures, operating expenses, depreciation, interest, taxes, and other expenses to arrive at net income (NI), also known as net earnings.

Investors can use this figure to determine how much a company's revenue exceeds its costs. This figure is a measure of a company's profitability and may be found on the income statement.

Businesses determine their earnings per share using net income. Since it appears at the bottom of the income statement, net income is frequently referred to as the bottom line by business analysts.

Therefore, Net income is a  not cash flow. The amount of money left over after all expenses have been paid is known as net income.

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Real gdp will increase
a. only when output increases.
b. only when prices increase.
c. when prices increase or output increases.

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Real GDP will increase ONLY WHEN OUTPUT INCREASES. Increase in GDP indicates economic growth. Real GDP is a measure of the economic output adjusted for inflation. GDP is very important because it can be used to estimate the value of total spending in an economy.
Final answer:

Real GDP will increase when prices increase or output increases.

Explanation:

The correct answer is c. when prices increase or output increases.

Real GDP (Gross Domestic Product) measures the total value of goods and services produced in an economy. It is influenced by both changes in output and changes in prices. When output increases, more goods and services are being produced, which leads to an increase in real GDP. When prices increase, the value of those goods and services also increases, which again results in an increase in real GDP.

For example, if output increases due to improvements in technology or an increase in investment, real GDP will increase. Similarly, if there is inflation and prices across the economy rise, the value of goods and services produced also increases, leading to an increase in real GDP.

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A state university announces that it is prohibiting the hiring of hispanics for certain jobs. this is an example of which kind of discrimination

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According to US Equal Opportunity Commission, prohibition of hiring Non-Hispanics is part of the Race/ Color Discrimination. In Race/Color Discrimination in Work Situation, it is prohibited to discriminate in the aspect of employment including hiring, firing, salary and any other condition that pertains to employment.

Gross Accounts Receivable is $12,000. Allowance for Doubtful Accounts has a credit balance of $600. Net sales for the year are $100,000. In the past, 2% of sales had proved uncollectible, and an aging of the receivables indicates $1,900 as uncollectible. What would be the adjusted balance of the Allowance account under the balance sheet approach? A. $2,000 B. $1,400 C. $2,500 D. $1,900

Answers

Under the balance sheet approach, the adjusted balance of the Allowance for Doubtful Accounts should be based on the aging of the receivables. The aging of the receivables provides the amount of uncollectible receivable (ending balance). Therefore, the adjusting balance of ADA would be $1,900.

Which term refers to the end result of negotiations among multiple players, enforcing rights, imposing sanctions, or encouraging business at a regional or worldwide level?

Answers

The term that describe this is NEW RULES. Rules refers to a set of regulations that govern conduct and procedures in a particular area or industry issued by appropriate person or authority. Rules usually clarifies and interpret a standard or policy  and the penalties that are attached to disobeying such rules.

As of june 30, 2013, actual tigers company has assets of $100,000 and stockholders' equity of $30,000. what are the liabilities for actual tigers company as of june 30, 2013?

Answers

'Actual Tigers Company'
Total Assets
$100,000
Stockholder Equity: $30,000

$100,000 - $30,000 = $70,000

$70,000 + $30,000 = $100,000

Total Assets - Equity = $70,000 (total liabilities)
$70,000 + Equity = $100,000 (total assets)

In accounting if we minus the total assets ($100,000) with equity ($30,000) it will always give the "total liabilities" which is (70,000)

Then, adding the "total liabilities" ($70,000) with the equity ($30,000) equals $100,000 equal like as the "total assets"of $100,000

The total assets MUST match the total liabilities. If they don't match then either the calculation of the total assets are inaccurate or the numbers are estimated wrong to recalculate.

If a union is present in a firm that has a(n) _________ shop arrangement, workers may join the union if they wish, but they are not required to join or pay a union fee in order to keep their jobs.

Answers

In condition if a union is existing in a firm that has an open shop arrangement, workforce may link the union if they desire but they are not compulsory to join or pay a union charge in order to keep their occupations. In an open shop agreement, union membership is intended for new and current employees. Individuals who do not join the union do not have to recompense union fees but few union arrangements are of this kind and it is an agreement in right to work states that provides workers the choice to join or not join a union, if one happens in their workplace. Right to work laws is a government that gives workers the right under an open shop arrangement to join or not join a union if it is current.

The model of monopolistic competition characterizes the market for plumbing services in a city. suppose that the market is in long-run equilibrium. for a typical plumbing firm, price:

Answers

for a typical plumbing firm, price: will equals average total cost. 
A market is considered to achieve equilibrium if the amount of Demand in the market is exactly the same as the amount of supply.
From this , we can conclude that if the market is in long-run equilibrium, the price of a product will always match the total cost.

The use of computer technology to provide exposure to feared objects during systematic desensitization is called ____.

Answers

The answer to this question is a Virtual reality therapy. A virtual reality therapy is also known as virtual reality immersion therapy or VRIT. Virtual reality therapy is a therapy for patients of PTSD and those who experience stroke which is set to be effective for this case.  A special computer is used in this treatment and a simulation is being experienced by the patients.

Financial ratios that reflect the degree to which a firm relies on borrowed funds are called the _______ ratios.

Answers

The answer to this question is the leverage ratios. The leverage ratios are also called equity or debt ratios. Leverage ratios used to measure the company’s ability to meet the financial obligation by looking how much is the capital that comes from company debt or obligation. Also in leverage ratio, it shows if the assets of the company belongs to the shareholders (less leverage) or with the creditors (highly leverage).   

Identify and perform ten resistance training exercises. describe which phase of the exercise is the eccentric, concentric, and isometric phase of the movement. at which phase is the muscle the strongest? why? describe how what you have learned during this experience will help you in your future training endeavors.

Answers

The top 10 resistance training exercises are:
1) squats
2) lunges
3) dead lifts
4) pull ups or chin ups
5) lateral pulldown 
6) bent over row
7) push ups
8) bench press
9) tricep push down
10) barbell curl

The phases of movement in an exercise are the following:
1) concentric - muscles contract and its fibers are shortening. movement goes inward ; towards the body. involves curling.
2) isometric - muscles contract but no movement. it neither shortens nor lengthens.
3) eccentric - muscles contract and its fibers are lengthening. movement goes outward; involves stretching.

More power is generated during the eccentric phase of movement. This phase also generates the most soreness because it causes the most number of micro-traumas. But compared to the other two phases, eccentric phase is safer when you train a pattern or motor movement repeatedly. 

You consider the situation, roll up your sleeves and get to work. what should be the first steps you take in obtaining the information you need in order to solve tristate's problem?

Answers

Setting up a meeting with marketing and other involved parties in order to define the problem that needs to be solved is one of the first steps that should be taken in acquiring the information you wish to get in order to solve Tristate’s problem You got off to a good start by choosing to define the problem before you started examining data or seeking new information

The first step involved in solving a tristate problem is to define the problem.

Further Explanation:

Defining the Problem: The defining the problem requires setting up meeting with the marketing and other involved parties in order to define the problem that needs to be solved. It involves collecting data and obtaining new information in order to define problem in absolute terms. Tristate problem is to find the way to use the surplus capacity. The states are having the surplus supply of the milk and wants to fin d the way that how the milk should is to be utilized. Once the problem has been defined properly, the research objectives can be determined like who would be interested in buying the flavored milk. After the objectives of the research has been determined based on that research plan well be developed.

Therefore, the first step involved in solving a tristate problem is to define the problem.

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Answer details:

Grade: High School

Subject: Business Research  

Chapter: Research design

Keywords: Consider the situation, roll up your sleeves and get to work, what should be the first steps you take in obtaining the information you need in order to solve tristate's problem, defining the Problem .

True or false? because you have made it a practice to never access the internet while your personal database is open, you can rest assured that your database would likely not be vulnerable to any compromises.

Answers

That  statement is false
As soon as a hacker successfully penetrate your system, that hacker could obtain access to every part of your computer, including all your personal databases. So, not opening your database while online will not protect you from the potential of intrusion.
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