Hi im trying to find out how t

icvareb
timer Asked: Dec 3rd, 2015

Question Description

Hi im trying to find out how to get the desired profit for the year when production volume is 600,000 units per year, market price is $34 per unit, desired operating income is 17% and total assets are $13,900,000.I think its 2,363,000 because if they want desired profit for the year then I multiplied 17% by $13,900,000 

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

This question has not been answered.

Create a free account to get help with this and any other question!

Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors