In 2015, NovaCorp sold 4,500 units at 300 each. Variable costs were 220 per unit, and fixed costs were $150,000. What was NovaCorp's 2015 net income?
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In 2015, NovaCorp sold 4,500 units at 300 each. Variable costs were 220 per unit, and fixed costs were $150,000. What was NovaCorp's 2015 net income?
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- Stellar Goods Ltd. sells a product for $52 per unit. Variable costs per unit are $30, total fixed costs are $27,500, the tax rate is 28%, and the company sells 7,200 units. What is the net income?The Global Group LLC, in 2017 reported the following: Net sales = $135,000; Cost of goods sold= $ 48,000; Other expenses =$37,000 and Net income = $50,000. What is the Gross Profit Margin?Compute the number of units sold in 2016??
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