Organizer Company Has Fixed Costs of $200,000 and Variable Costs

question 83

Multiple Choice

Organizer Company has fixed costs of $200,000 and variable costs are 60% of sales.How much will Organizer Company report as sales when its net income equals $20,000?

• A)$550,000
• B)$366,667
• C)$520,000
• D)$132,000

Understand the concepts of power and its influence on global dynamics.

Grasp the factors contributing to globalization and their impacts on structural violence and societal stability.

Recognize the patterns and consequences of migration, both internal and external.

Comprehend the extent of nutritional health issues worldwide.

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Definitions:

Annually Compounded

An interest calculation method where interest is added to the principal balance annually, increasing the amount of subsequent interest.

Annually Compounded

Compound interest calculated and added to the principal once a year, affecting the total interest earned or paid.

Nominal Rate

The interest rate stated on a bond or loan before adjusting for inflation or other factors.

Lump Sum

A one-time payment executed at a specific moment, rather than several installments spread out over a period.