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Cogs $26.40, vat 19%, commission 15% from selling price, ad cost 8% from selling price.

If target GP 18%, what's the target selling price?

How much ROI at the target price?

How much lowest selling price to break even?

What's the cash generated at the target price?

 

 

 

 

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Related questions

Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process:
 
Budgeted unit sales                                                                 840
Selling price per unit                                                           52,140
Cost per unit                                                                     $ 1,760
Variable selling and administrative expense (per unit)                $ 85
Fixed selling and administrative expense (per year)          $ 225,000
Interest expense for the year                                           $ 30,000
 
Required:
Prepare the company's budgeted income statement for the year
 
Gig Harbor Boating
 Budgeted Income Statement
   
   
   
   
   
   
   

Can someone please answer this? The directions are in the photo

Cherokee Incorporated is a merchandiser that provided the following information:
 
                                                                   Amount
Number of units sold                                      $ 11,000 
Selling price per unit                                      $ 17 
Variable selling expense per unit                     $ 1 
Variable administrative expense per unit          $ 2 
Total fixed selling expense                               $ 21,000 
Total fixed administrative expense                    $ 13,000 
Beginning merchandise inventory                     $ 11,000 
Ending merchandise inventory                          $ 23,000 
Merchandise purchases                                    $ 87,000
 
Required:
1. Prepare a traditional income statement.
2. Preparé a contribution format income statement.
 
Complete this question by entering your answers in the tabs below.
 
Prepare a traditional income statement
Cherokee, Incorporated
 Traditional Income Statement
     
     
     
 Selling and administrative expenses    
     
     
     
     
     
 
 
 
What is the best definition of profit?
 
A) Profit is the possible income from producing an additional item.
B) Profit is the price of producing one additional unit of a good.
C) Profit is the additional income gained from selling an additional good.
D) Profit is the financial gain from business activity minus expenses.

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