The Dollar Amount of Sales Needed to Achieve a Target

question 216

True/False

The dollar amount of sales needed to achieve a target income is computed by dividing the sum of fixed costs plus the target pretax income by the contribution margin ratio.

---

Definitions:

Authentic Leadership Component

Elements that constitute genuine leadership, including transparency, ethical behavior, and a strong sense of self-awareness.

Stimulates Follower Identification

Encourages followers to align themselves with and support the leader's vision and goals.

Authentic Leadership

A leadership style that emphasizes genuine, transparent, and ethical behavior, building trust and respect between leaders and followers.

Stimulates Follower Individualization

Leadership approaches or organizational practices that encourage employees to express their individuality and develop their unique strengths.