At a recent company meeting, Geraldine Erwin, sales manager of Dastoria, a flavored-beverage producer announced, "We have increased our sales by 8 percent in just six months." Suppose six months ago, its sales amounted to $452,000, what is the value of its sales today? $36,160 $415,840 $488,160 $565,000
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- Sanchez & Ryan, Inc, sells a single product. This year, 20,000 units were sold resulting in $130,000 of sales revenue, $60,000 of variable costs, and $17,500 of fixed costs. If sales increase by $19,500 in a year, profits will increase by:Ben's Tasty Rigatoni is looking to improve its market share in the pasta industry. The company reported sales revenue of $2,560,000 last year in an industry of $16,000,000 across all brands. The costs of the goods sold over the past year was $800,000. Also, Ben's Tasty Rigatoni spent $200,000 in administrative expenses while the industry as a whole (including Ben's) spent $1,500,000. Suppose they would like to achieve a market share of 20% in the upcoming year. Use share point analysis to determine how much Ben's should increase their administrative expenditures this year in order to reach their goal. A.$102,000 B. $60,000 C. $90,000 D. $48,000 E. $12,000Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to increase by 15% in the upcoming year, and sales price is expected to decrease by 5% in the upcoming year. The expected sales revenue for the upcoming year is: A. $2 255 000 B. $2 185 000 C. $2 645 000 D. $2 000 000
- Dodge Ball Bearings had sales of 12,000 units at $80 per unit last year. The marketing manager projects a 30 percent increase in unit volume sales this year with a 15 percent price decrease (due to a price reduction by a competitor). Returned merchandise will represent 7 percent of total sales. What is your net dollar sales projection for this year?The company produced and sold 178,000 units forb$15 each last year. The company believes that the volume will increase by 30$ and the company plans to decrease price by 10% The new sales revenue will be?In its most recent fiscal year, SynoCorp generated $810,000 in sales. The firm was operating at 90 percent capacity. How much more sales can SynoCorp generate before it is at full capacity?
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- Ethel Company manufactures and sells desk lamps for hotel and motel rooms. Last year, it sold 200,000 units of its model Y lamp for $53 per unit. The company estimates that this volume represents a 25 percent share of the current market. The market is expected to increase by 8 percent next year. Marketing specialists have determined that as a result of new competition, the company’s market share will fall to 20 percent (of this larger market). Due to changes in production costs and competitive models, the new price for the lamps will be $56 per unit. The revised volume estimates are based on the $56 price. Required: Estimate Ethel Company’s sales revenues from model Y lamps for the coming year.Ricardo Entertainment recently reported the following income statement:Sales 12,000,000Cost of goods sold 7,500,000EBIT 4,500,000Interest 1,500,000EBT 3,000,000Taxes (40%) 1,200,000Net income 1,800,000The company’s CFO, Fred Mertz, wants to see a 25 percent increase in net income over the next year.In other words, his target for next year’s net income is $2,250,000. Mertz has made the followingobservations: Ricardo’s operating margin (EBIT/Sales) was 37.5 percent this past year. Mertz expects thatnext year this margin will increase to 40 percent. Ricardo’s interest expense is expected to remain constant. Ricardo’s tax rate is expected to remain at 40 percent.On the basis of these numbers, what is the percentage increase in sales that Ricardo needs in order tomeet Mertz’s target for net income?Computate Inc. produces microprocessors for laptops. Last year, the company recognized revenues of $4,000,000. Total costs for the period were $2,000,000, of which $500,000 were fixed. If sales were to increase by $150,000, by how much would Computate’s operating income increase?