Jess Brady sells gifts certificates for $61 each. She purchases each gift certificate for $33 and spends $5,900 for fixed costs. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. a) Calculate operating income if Jess sells 310 gift certificates Operating Profit: $ b) Calculate the revenues needed to obtain an operating income of $2,500. Required Revenue: $ I Please don't provide answers image based thanku
Jess Brady sells gifts certificates for $61 each. She purchases each gift certificate for $33 and spends $5,900 for fixed costs. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. a) Calculate operating income if Jess sells 310 gift certificates Operating Profit: $ b) Calculate the revenues needed to obtain an operating income of $2,500. Required Revenue: $ I Please don't provide answers image based thanku
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Jess Brady sells gifts certificates for $61 each. She purchases each gift certificate for $33 and spends $5,900 for fixed costs.
Do not enter dollar signs or commas in the input boxes.
Round your answers to the nearest whole number.
a) Calculate operating income if Jess sells 310 gift certificates
Operating Profit: $
b) Calculate the revenues needed to obtain an operating income of $2,500.
Required Revenue: $ I
Please don't provide answers image based thanku
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