The Sales Required to Achieve a Target Profit Can Be

question 70

True/False

The sales required to achieve a target profit can be determined by using the contribution margin,contribution margin ratio,or break even approaches.

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Definitions:

Per Share

A term used to describe a financial ratio or statistic as it relates to one individual share of stock.

Annual Dividends

The total amount of dividend payments a company pays out to its shareholders in one year.

Desired Rate of Return

The minimum return an investor expects to achieve by investing in a particular asset, taking into account the asset's risk level.

Share

A unit of ownership in a company that entitles the holder to a proportion of the corporation's assets and profits.