Use the Information Below to Answer the Following Question(s)

question 203

Multiple Choice

Use the information below to answer the following question(s) .
Julia's Catering has a monthly target operating income of $6,000. Variable expenses are 40% of sales and monthly fixed expenses are $3,600.
-What is the monthly margin of safety in dollars if Julia's Catering achieves its operating income goal?

• A) $10,000
• B) $22,000
• C) $16,000
• D) $4,000

Recognize the competitive dynamics and challenges faced by nonprofit organizations.

Comprehend the impact of economic recessions on various industries.

Grasp the importance of cultural sensitivity and the potential repercussions of cultural insensitivity in global marketing.

Understand the role of technology in facilitating global marketing strategies.

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Definitions:

Radical

A mathematical symbol (√) used to denote the square root or nth root of a number or expression.

Expression

A combination of symbols that represents a mathematical concept or quantity.

Radical Expression

An expression that includes a radical sign, signifying the root of a number.

Simplify

To alter an expression into its simplest form by combining like terms, reducing fractions, or applying other algebraic rules.