IV. Target Profit Analysis (ILO4) -5 pts Nellies's Nursery has the following information related to sales of one popular type of spring flower that is widely sold to landscapers in a multistate region of the country: Sales price per flower Variable costs per flower $0.70 0.2 $20,00 Total fixed costs for the type of flower Required: If Nelie's Nursery wishes to earn a before-tax profit of $30,000 on this type of flower, how many flowers must be sold to landscapers?
IV. Target Profit Analysis (ILO4) -5 pts Nellies's Nursery has the following information related to sales of one popular type of spring flower that is widely sold to landscapers in a multistate region of the country: Sales price per flower Variable costs per flower $0.70 0.2 $20,00 Total fixed costs for the type of flower Required: If Nelie's Nursery wishes to earn a before-tax profit of $30,000 on this type of flower, how many flowers must be sold to landscapers?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required: If Nelie’s Nursery wishes to earn a before-tax profit of $30,000 on this type of flower, how many flowers must be sold to landscapers?
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