A trader maintains a position in a small capitalization stock that has low trading volume. The trader has a high level of which of the following risks?
A) MarketB) LiquidityC) BusinessD) Inflation

Answers

Answer 1

Answer:

B) Liquidity

Explanation:

Liquidity is the ability of quickly buy or sell a stock without any price change.

Liquidity in a small-capitalization stock that has low trading volume is generally low that causes a problem for traders. It is so because in small capitalization, traders are unable to understand potential pitfalls and blindly invest in small-capitalization stocks which do not give profit as expected and the liquidity becomes low.

Hence, the correct answer is B) Liquidity.


Related Questions

Walnut has received a special order for 2,700 units of its product at a special price of $200. The product normally sells for $260 and has the following manufacturing costs: Per unit Direct materials $ 64 Direct labor 34 Variable manufacturing overhead 44 Fixed manufacturing overhead 103 Unit cost $ 245 Walnut is currently operating at full capacity and cannot fill the order without harming normal production and sales. If Walnut accepts the order, what effect will the order have on the company’s short-term profit?
a. $162,000 decrease
b. $121,500 increase
c. $121,500 decrease
d. Zero.

Answers

Answer:

a. $162,000 decrease

Explanation:

Sales                                                                          $540,000

(2700 unit * $200)

Less:

Direct materials                                  $172,800

(2700 unit * 64)

Direct labor                                         $91,800

(2,700 unit * $34)

Variable manufacturing overhead     $118,800

(2700 unit * $44)

Contribution loss from existing sale  $318,600       $702,000

2700 unit * ($260-$64-$34-$44)

Effect on Net operating income                              -$162,000

You own 150 shares of Western Feed Mills stock valued at $41.20 per share. What is the dividend yield if your annual dividend income is $372

Answers

Answer:

6.01%

Explanation:

Calculation for the dividend yield

Using this formula

Dividend yield=(Annual dividend income/Numbers of shares)/Amount per shares

Let plug in the formula

Dividend yield =($372/150 shares)/$41.20 per share

Dividend yield =$2.48/$41.20

Dividend yield =0.0601*100

Dividend yield =6.01%

Therefore Dividend yield will be 6.01%

Duerr company makes a $73,000, 90-day, 10% cash loan to Ryan Co. The maturity value of the loan is: (Use 360 days a year.)

Answers

Answer: $74,825

Explanation:

Maturity value is the amount that a borrower will pay to the lender when the loan matures.

Based on the above analysis, the interest will be:

= $73,000 × 10% × 90/360

= $73,000 × 0.1 × 0.25

= $1825

Maturity value will now be the addition of the principal and the interest. This will be:

= $73,000 + $1825

= $74,825

IOP Company purchased a machine on 1/1/22 costing $500. Estimated life was 5 years; estimated salvage value was $100. In 2025, IOP discovered that the bookkeeper correctly used straight-line depreciation, but erroneously used an estimated life of 8 years in computing depreciation for the first 3 years of life. The Prior Period Adjustment to be recorded in 2025 will be:

Answers

Answer:

The Prior Period Adjustment to be recorded in 2025 will include a $90 debit as adjustment to Retained Earnings

Explanation:

Correct depreciation would have been = ($500-$100)/5 = $80

Depreciation charged wrongly as ($500-$400)/8 = $50

Therefore depreciation has been charged short by $30 for three years, thereby reflecting income greater by $30 each year for 3 years.

Since due to wrong depreciation retained earnings is higher by $90, therefore we have to debit retained earnings by $90

The break-even point is a.the maximum possible operating loss. b.where the total sales line intersects the total costs line on a cost-volume-profit chart. c.the total fixed costs. d.the maximum possible operating income.

Answers

Answer:

The answer is B.

Explanation:

To a layman, break-even point is the point where an entity neither make profit nor loss. It is the point where total revenue equals total cost(where the total sales line intersects the total costs line on a cost-volume-profit chart).

Points greater or above this intersection or point mean the firm is making profit and points lesser or below this intersection or point mean the firm is making loss.

Upton Co. is growing quickly. Dividends are expected to grow at 20 percent for the next three years, with the growth rate falling off to a constant 8 percent thereafter. If the required return is 11 percent and the company just paid a dividend of $1.45, what is the current share price

Answers

Answer:

$71.03

Explanation:

To find the current share price we need to find the value of future dividends first and then discount it by the given rate of return

DATA

Growth rate = g = 20%

Time period = 3 years

Required return = 11%

Current dividend = Do = $1.45

Share price =?

Solution

Future dividend = Current dividend ( 1 + growth rate)

D1 = (1.45 x 1.20) = $1.74

D2 = (1.74 x 1.20) = $2.088

D3 = (2.088 x 1.20) = $2.5056

Value after year 3 = (D3 x Growth rate) / (Required return-Growth rate)

Value after year 3 = (2.5056*1.08) / (0.11-0.08)

Value after year 3 =$90.2

current share price = Future dividends x Present value of discounting factor

current share price = (1.74/1.11)+($2.088/1.11^2)+(2.5056/1.11^3)+($90.2/1.11^3)

current share price =  1.56 + 1.69 + 1.83 + 65.95

current share price =$71.03

Firm M has a margin of 7%, turnover of 2.0, sales of $910,000, and average stockholders' equity of $490,000. Required: Calculate Firm M’s average total assets, net income, return on investment (ROI), and return on equity (ROE

Answers

Answer:

1. Average total asset = $455,000

2. Net income = $63,700

3. Return on investment = 14%

4. Return on equity (ROE) = 13%

Explanation:

These can be calculated as follows:

1. Average total asset

To calculate this, we use the formula for calculating the Asset turnover ratio as follows:

Asset turnover ratio = Sales / Average total asset ……………………………… (1)

Where;

Turnover = asset turnover ratio = 2

Sales = $910,000

Average total asset = ?

Substituting the values into equation (1) and solve for average total asset, we have:

2 = $910,000 / Average total asset

Average total asset = $910,000 / 2

Average total asset = $455,000

2. Net income

To calculate this, we use the formula for calculating net income margin as follows:

Net income margin = Net income / Sales ……………………………………. (2)

Where,

Margin = Net income margin = 7%, or 0.07

Net income = ?

Sales = $910,000

Substituting the values into equation (2) and solve for net income, we have:

7% = Net income / $910,000

Net income = $910,000 * 7%

Net income = $63,700

3. Return on investment

To calculate this, we use the formula for calculating the return on investment as follows:

Return on investment = Net income / Average total assets ……………… (3)

Where;

Net income = $63,700

Average total asset = $455,000

Substituting the values into equation (3), we have:

Return on investment = $63,700 / $455,000

Return on investment = 0.14, or 14%

4. Return on equity (ROE)

To calculate this, we use the formula for calculating the return on equity (ROE) as follows:

Return on equity (ROE) = Net income / Average stockholders' equity…….. (4)

Net income = $63,700

Average stockholders' equity = $490,000

Substituting the values into equation (4), we have:

Return on equity (ROE) = $63,700 / $490,000

Return on equity (ROE) = 0.13, or 13%

Bronn and Jaime make a written contract where Jaime will sell Bronn his armor and sword for $1,200.
Which of the following is not a defense to the formation of the contract?
Group of answer choices
A. fraud
B. illegality
C. incapacity
D. unconscionability
E. mirror image rule

Answers

Answer: Mirror image rule

Explanation:

It should be noted that the contract formation defenses are fraud, illegality, incapacity, unconscionability, duress and statute of Frauds.

The mirror image rule is not among the defense to the formation of w contract. It implies that an offer should be accepted with no changes made to the offer.

Metals and energy currency futures contracts are actively traded on Group of answer choices propane. gold. All of the options are correct. gold and silver. silver.

Answers

Answer: All of the options are correct.

Explanation:

Futures refer to a Derivative Instrument contract that mandates a person to buy an asset (underlying asset) at a future date and at a certain price. This enables the buyer of the contract to be certain of an asset's price in future thereby getting rid of various risks.

Metal futures are mostly traded on gold, silver, and copper and energy futures are traded on energy resources like oil and natural usable gas like Propane which is used for most gas related appliances in the household such as cooking gas.

When gasoline gallons are priced in terms of number of seashells, seashells serve as: Group of answer choices

Answers

Answer:

Unit of account

Explanation:

Money serves three functions :

1. Unit of account : money serves the function of determining the value of a good or service. It is usually assumed that goods that are more highly priced are more valuable that goods that have lower prices

2. Medium of exchange : goods and services can be exchanged for money. For example, if I want to buy a gallon of gasoline and pay 4 seashells, money has served as a medium of exchange.

3. store of value: money can be saved, retrieved and exchanged sometimes in the future

Muckenthaler Company sells product 2005WSC for $30 per unit. The cost of one unit of 2005WSC is $27, and the replacement cost is $26. The estimated cost to dispose of a unit is $3, and the normal profit is 40% of selling price. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market

Answers

Answer:

The product 2005WSC should be reported at $26 per unit.

Explanation:

The lower-of-cost-or-market (LCM) method is a method of recording the inventory of a company which requires that the inventory cost of the company must recorded at whichever is lower between the inventory's original cost or current market price.

Applying lower-of-cost-or-market, the amount per unit at whcih product 2005WSC should be reported can be determined as follows:

Net realizable value (NRV) = Selling price per unit - Cost of disposal per unit = $30 - $3 = $27

Replacement cost (RC) = $26

NRV - Profit Margin = $27 - ($30 * 40%) = $15

Cost per unit = $27

Note that the market is the middle value of Net realizable value (NRV), $27; Replacement cost (RC), $26; and "NRV - Profit Margin", $15. Since the Replacement cost (RC) of $26 is the middle value, that the market value.

Since the market value of $26 per unit is lower than Cost per unit of $27,  by applying lower-of-cost-or-market, the product 2005WSC should be reported at $26 per unit.

Which of the following does not represent an outflow of cash and therefore would not be reported on the statement of cash flows as a use of cash?
a. purchase of noncurrent assets
b. purchase of treasury stock
c. discarding an asset that had been fully depreciated.

Answers

Answer:

The answer is C.

Explanation:

Discarding an asset that had been fully depreciated is the correct answer. No exchange of cash was involved in this unlike the purchase of non current asset(which is a cash outflow under investing activities) and the purchase of treasury stock (which is a cash outflow under financing activities).

Discarding a fully depreciated asset only is a non cash transaction.

Idaho Industries Inc. is considering a project that has an initial aftertax outlay or aftertax cost of​ $450,000. The respective future cash inflows from its fiveyear project for years 1 through 5 are​ $95,000 each year. Idaho expects an additional cash flow of​ $60,000 in the fifth year. The firm uses the IRR method and has a hurdle rate of​ 10%. Will Idaho accept the​ project? A. Idaho accepts the project because it has an IRR greater than​ 10%. B. Idaho accepts the project because it has an IRR greater than​ 5%. C. Idaho rejects the project because it has an IRR less than​ 10%. D. There is not enough information to answer this question.

Answers

Answer:

c

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a financial calculator

Cash flow in year 0 =  $-450,000

Cash flow each year from year 1 to 4 = $95,000

Cash flow in year 5 = $95,000 + $60,000 = $155,000

IRR = 5.62%

Idaho would reject the project because the IRR is less than the hurdle rate

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

The shareholders' equity of Green Corporation includes $376,000 of $1 par common stock and $560,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $66,000 in 2021 after paying $36,000 cash dividends in each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021

Answers

Answer:

The amount of dividends common shareholders will receive in 2021 is $20,400

Explanation:

Arrears in Preferred Stock Dividend = (560,000*7%*2 - 36,000 - 36000)

Arrears in Preferred Stock Dividend = 78,400 - 36,000 - 36,000

Arrears in Preferred Stock Dividend = $6,400

Current Preferred Stock Dividend = 560,000 * 7%

Current Preferred Stock Dividend = $39,200

The amount of dividends common shareholders = $66,000 - $39,200 - $6,400

The amount of dividends common shareholders = $20,400

A firm pays a current dividend of $1.00 which is expected to grow at a rate of 5% indefinitely. If current value of the firm’s shares is $35.00, what is the required return based on the constant growth dividend discount model (DDM)?

Answers

Answer:

8%

Explanation:

A firm pays a current dividend of $1

The growth rate is 5%

= 5/100

= 0.05

The current value of the firm's share is $35

Therefore, the required return using the constant growth discount dividend model can be calculated as follows

K = 1×(1+0.05)/35 + 0.05

K= 1×1.05/35 + 0.05

= 1×0.03 + 0.05

= 0.03 + 0.05

= 0.08×100

= 8%

Hence the required return is 8%

You can use the discounted cash flow method to estimate the cost of a company’s internal equity when the company ______________. g

Answers

Answer:

Pays any amounts of dividends

Explanation:

You are aware that your neighbor trades stocks based on confidential information he overhears at his workplace. This information is not available to the general public. This neighbor continually brags to you about the profits he earns on these trades. Given this, you would tend to argue that the financial markets are at best _____ form efficient.

Answers

Answer:

Semi-strong Form Efficient.

Explanation:

There are three levels of market efficiency as weak, semi-strong and strong.

In a semi-strong form efficient market, the stock prices change independently of the previous return points and the current information so it is not possible to predict the future stock prices.

The example given in the question, which states that the neighbor has non-public information, can be classified as a semi-strong form efficient market.

I hope this answer helps.

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 Required: 1. What is the contribution margin per unit

Answers

Answer:

Unitary contribution margin= $8

Explanation:

Giving the following information:

Sales $ 20,000

Variable expenses 12,000

Contribution margin 8,000

To calculate the unitary contribution margin, we need to use the following formula:

Unitary contribution margin= total contribution margin / total units

Unitary contribution margin= 8,000 / 1,000

Unitary contribution margin= $8

The Project Evaluation and Review Technique (PERT) was developed as a means of scheduling and controlling projects with constant activity times. Group of answer choices False True

Answers

Answer: False

Explanation:

The Program Evaluation and Review Technique (PERT) is used to know the schedule tasks and also know the critical path variation. It is useful to know the length of time that'll be needed for the completion of every task and how it relates to others in order to know the entire time needed to complete the particular project.

The Project Evaluation and Review Technique (PERT) is not a means of scheduling and controlling projects with constant activity times. The activity time normally varies.

World Class Rings produces class rings. Its best-selling model has a direct materials standard of 16 grams of a special alloy per ring. This special alloy has a standard cost of $63.30 per gram. In the past month, the company purchased 16,800 grams of this alloy at a total cost of $1,061,760. A total of 16,300 grams were used last month to produce 1,000 rings.
Requirements:
1. What is the actual cost per gram of the special alloy that World Class Rings purchased last month? (Round your answer to the nearest cent.) The actual cost per gram of the special alloy that World Class Rings purchased last month is $_____.
2. What is the direct material price variance? (Abbreviations used: DM = Direct materials) Begin by determining the formula for the price variance, then compute the price variance for direct materials.
3.·What is the direct material quantity variance? (Abbreviations used: DM = Direct materials) Determine the formula for the quantity variance, then compute the quantity variance for direct materials.
4. How might the direct material price variance for the company last month be causing the direct material quantity variance?
The_____direct material price variance might mean that World Class Rings purchased a______. As a result, the company______quantity (efficiency) variance alloy than the standard allows. This accounts for the_____quantity (efficiency) variance.

Answers

Answer:

1. What is the actual cost per gram of the special alloy that World Class Rings purchased last month? (Round your answer to the nearest cent.) The actual cost per gram of the special alloy that World Class Rings purchased last month is $_____.

= $1,061,760 / 16,800 grams = $63.20 per gram

2. What is the direct material price variance? (Abbreviations used: DM = Direct materials) Begin by determining the formula for the price variance, then compute the price variance for direct materials.

direct materials price variance = (AP - SP) x AQ = ($63.20 - $63.30) x 16,300 = -$1,630 favorable variance

3.·What is the direct material quantity variance? (Abbreviations used: DM = Direct materials) Determine the formula for the quantity variance, then compute the quantity variance for direct materials.

direct materials quantity variance = SP x (AQ - SQ) = $63.30 x (16,300 - 16,000) = $18,990 unfavorable variance

4. How might the direct material price variance for the company last month be causing the direct material quantity variance?

The FAVORABLE direct material price variance might mean that World Class Rings purchased a LOWER QUALITY MATERIAL. As a result, the company USED MORE ALLOW THAN STANDARD  quantity (efficiency) variance alloy than the standard allows. This accounts for the UNFAVORABLE quantity (efficiency) variance.

​Jack's gross pay for the week is . His yeartodate pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is ​% and that​ Jack's yeartodate pay has previously exceeded the cap. What is the total amount of payroll taxes that​ Jack's employer must record as payroll tax​ expenses? (Do not round your intermediate calculations. Assume a FICAOASDI Tax of ​% and FICAMedicare Tax of ​%.)

Answers

Answer: $122.40

Explanation:

Jack's year to date pay has already exceeded the $7,000 limit on which State and Federal Unemployment taxes can be charged on his pay.

The amount the employer will pay is;

= FICA OASI Tax + FICA Medicare tax

= (1,600 * 6.2%) + (1,600 * 1.45%)

= 99.20 + 23.20

= $122.40

All slings shall be manufactured under ASME B30.9 guidelines and must have an affixed permanent identification tag that includes:_______

a. Name or trademark of the manufacturer
b. WLL for given type of hitch and configuration
c. Type of material
d. All of the above

Answers

Answer:

All of the above

Explanation:

All slings must have an affixed permanent identification tag that includes; The name or trademark of the manufacturer, WLL for the given type of hitch and configuration, and also the type of material used for the production of the sling. although there are many slings in the market but slings can be categorized into three recognized categories which are ; synthetic,chain and wire rope.

ASME B30 is charged with the responsibility for the Safety and Standard for Cableways, Cranes, Derricks, Hoists, Hooks, Jacks, and Slings. so they ensure that an affixed permanent identification tag is attached to products as well.

On January 1 of the current year, Paisley Company issues a 4-year, non-interest-bearing note with a face value of $7,000 and receives $4,852 in exchange. The recording of the issuance of the note includes a

Answers

Answer and Explanation:

The journal entry is shown below:

Cash Dr $4,852

Discount on note payable $2,148

          To Note payable $7,000

(Being the issuance of the note is recorded)

Here we debited the cash and discount on note payable as it increased the assets and discount are always debited and credited the note payable as it also increased the liabilities so that the proper posting could be done

The cash register tape for Bluestem Industries reported sales of $28,372.00.

Record the journal entry that would be necessary for each of the following situations. (a) Cash to be accounted for exceeds cash on hand by $52.00. (b) Cash on hand exceeds cash to be accounted for by $26.50. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)

Answers

Answer:

Bluestem Industries

Journal Entries

a) Cash to be accounted for exceeds cash on hand by $52.00

Debit Cash Shortage $52.00

Credit Cash Account $52.00

To record the cash shortage.

b) Cash on hand exceeds cash to be accounted for by $26.50

Debit Cash Account $26.50

Credit Cash Overage $26.50

To record the cash overage.

Explanation:

Handling cash in Bluestem Industries will occasionally give rise to cash shortages and cash overages.  The best practise is to enact a company policy to guide actions and decisions with respect to cash shortages and overages.  And then the accounting for these will be in accordance with the policy.  However, the problem of shortages and overages may be pointing at other underlying problems involved in cash handling.  Where only the shortages are reported frequently, then the company may need to find ways to minimize cash handling, e.g. using credit cards to receive payments and refunding employees for expenses through bank accounts.

A stock had returns of 17.88 percent, −5.16 percent, and 20.39 percent for the past three years. What is the variance of the returns?

Answers

Answer:

Variance of the return = 0.01983

Explanation:

[tex]S^{2}[/tex]= Σ[tex](X-X)^{2}[/tex]/ N - 1

Mean return = 17.88% + -5.16% + 20.39% = 11.0367%  

Variance = [(17.88% - 11.0367%)2 + (-5.16% - 11.0367%)2 + (20.39% - 11.0367%)2] /(3 - 1)

Variance = [0.004683 + 0.026233 + 0.008748]/2

Variance = 0.01983

Schwab’s customers can assemble their own investment portfolios with its mutual fund evaluator tool, an example of

Answers

Answer:

A choiceboard.

Explanation:

This is generally described to be a graphical view or a teaching pattern where a tutor allows the said students to use these graphical knowledge to learn and understand a concept been impacted to them at their own pace. This choiceboard is been set up for so many reasons which may include; the encouraging of communication by giving the children means to request a particular object, also giving children certain visual prompt to say the correct words, it is also seen to streamline the selection of choice down there which could be a selection of choices.

A NASDAQ security is bid at $30.25 and offered at $30.75. An over-the-counter trader effects a trade at $30.75 and charges a commission of $.50 to the customer. The price that will show on the tape is:

Answers

Answer:

$30.75

Explanation:

Given that

Security bidding = $30.25

Offered price = $30.75

over the counter trading = $30.75

Commission charged = $0.50

based on the above information, the price that shows on the tape is equivalent to the over the counter trading price i.e $30.75 also it does not include the commission charged i.e $0.50

Hence, the price is $30.75

Suppose Real GDP is $700 billion and Natural Real GDP is $620 billion. To eliminate this ________________gap, Keynesian theory indicates that government should ______________________.

Answers

Answer: d. inflationary; decrease government purchases or increase taxes

Explanation:

Suppose Real GDP is $700 billion and Natural Real GDP is $620 billion. To eliminate this inflationary gap, Keynesian theory indicates that government should decrease government purchases or increase taxes.

The Real GDP is greater than the Natural real GDP which is the potential GDP. When that happens the Economy is said to be overheated and producing above its limits as Aggregate Demand is above Aggregate Supply.

To combat this the Government according to Keynes should embark on policy that will reduce economic activity. The Government can use Contractionary Fiscal Policy that will see it reduce its spending and/or increase taxes. Both of these will have the effect of reducing the amount of money in the economy left for both investment and consumption and cause a fall in the Aggregate Demand.

McKerley Corp. has preferred stock outstanding that will pay an annual dividend of $3.70 per share with the first dividend exactly 14 years from today. If the required return is 3.6 percent, what is the current price of the stock?

Answers

Answer:

$64.89

Explanation:

Calculation for the current price of the stock

First step is to find the preference stock value at end of 13 years

Using this formula

P13= Annual dividend/Required return

Let plug in the formula

P13=$3.70/.036

P13= $102.78

The second step is to calculate for the current price of the stock

Using this formula

P0= P13/(1+Required return)^Dividend years

Let plug in the formula

P0= $102.78/(1 + .036)^13

P0=$102.78/(1.036)^13

P0=$102.78/1.5837

P0=$64.89

Therefore the current price of the stock will be $64.89

A producer can produce a product at a variable cost per unit of $7. The producer can sell the product for $10 each. If the fixed cost is $60,000.

Required:
a. How many units must the producer sell to break-even?
b. What is revenue at 35,000 units?
c. What is total cost at 35,000 units?
d. How many units must the producer sell in order to earn a profit of $60,000?

Answers

Answer:

a.

Break even in units = 20000 units

b.

Revenue at 35000 units = $350000

c.

Total cost (35000 units) = $305000

d.

Units required for target profit = 40000 units

Explanation:

a.

The break even in units is the number of units that must be sold in order to earn enough total revenue as to cover total costs. The break even in units can be calculated as follows,

Break even in units = Fixed cost / Contribution margin per unit

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = 10 - 7 =$3

Break even in units = 60000 / 3

Break even in units = 20000 units

b.

Revenue = Price * Quantity

Revenue at 35000 units = 10 * 35000

Revenue at 35000 units = $350000

c.

Total cost = Variable cost + Fixed cost

Total cost (35000 units) = 7 * 35000 + 60000

Total cost (35000 units) = $305000

d.

To calculate the units required to earn a target profit, we simply add the target profit amount to the fixed costs in the break even in units equation.

Thus, the number of units required to earn a target profit of $60000 is,

Units required for target profit = (60000 + 60000) / 3

Units required for target profit = 40000 units

Other Questions
PLS HELP WILL GIVE BRAINLIEST What kind of map would you use to see what people thought the world looked like 500 years ago? how does root pressure move water BRAINLIST RIGHT ANSWERPeople who try to cover the cloven hoof of empire with thepetticoats of "Expansion" are as careless of the dictionaryas of the constitution. The Philippines do not meanexpansion. It does not expand the fire of freedom to pourwater on it. ... Expansion is enlargement in kind. If the ex-Spanish colonies applied for admission to this republic andwe accepted them, that would be expansion.-Charles F. Lummis, editorial in the Land of SunshineWhat does the opinion in this excerpt represent?O A. Concern regarding an entanglement in foreign affairs during theCuban RevolutionB. Debate regarding U.S. aims and territorial gains in the Spanish-American WarC. Contention regarding the abandonment of neutrality during WorldWarO D. Fear regarding the spread of Socialism as a result of the Russian Characteristics of the state PLEASE HELP! I need this answered ASAP ;-; (Question is shown below in the attachment) Can you write a summation notation of a series that is neither arithmetic nor geometric? 4/10=x/1 Need help thx Our Senate has finally emerged from weeks of debate with a decided version of the Missouri Compromise. Among its list of provisions, all lands acquired in the Louisiana Purchase that are north of the southern border of Missouri, with the exception of Arkansas, will now _______ appraisals occur between managers and their subordinates whenever the need to discuss ongoing progress and areas for improvement arise. Factorise : x^2+x-72 Step by Step Inventory at the end of April, 2008: 200 unitsExpected demand during April, 2008: 50 unitsProduction expected during April, 2008: 100 unitsWhat was the inventory at the end of March 2008? How much heat is required to convert 5.0 kg of ice from a temperature of - 20 0C to water at a temperature of 205 0F Ever since Renata moved to her new home, she's been keeping track of the height of the tree outside her window. H represents the height of the tree (in centimeters), t years since Renata moved in. H = 210 + 33t How fast does the tree grow? ANSWER centimeters per year. a family spent $93 at a carnival. *they spent $18 on tickets and $30 on food. they spent the rest of the money on games. which equation can be used to to find "g", the amount of money used on games. Who is the first president of Viet Nam? Who was the first lead guitarist in Metallica? What is the quick key to highlighting a column?Ctrl + down arrowCtrl + Shift + down arrowRight-click + down arrowCtrl + Windows + down arrow n/8 = (-7) help please Please does anyone know how to factorize x(x - 1) + 3x