Stewart'sstewart's steel parts produces parts for the automobile industry. the company has monthly fixed expenses of $ 630 comma 000$630,000 and a contribution margin of 7070% of revenues. stewartstewart feels like he's in a giant squeeze play: the automotive manufacturers are demanding lower prices, and the steel producers have increased raw material costs. stewart'sstewart's contribution margin has shrunk to 4040% of revenues. the company's monthly operating income, prior to these pressures, was $ 105 comma 000$105,000. read the requirement 1. to maintain this same level of profit, what sales volume (in sales revenue) must stewartstewart now achieve? begin by identifying the formula to compute the sales in units at various levels of operating income using the contribution margin approach. ( fixed expenses + operating income ) / contribution margin ratio = target sales in dollars (round your answer up to the nearest whole dollar.) stewart must now achieve sales of $ to maintain the same level of profit.

while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.

How could brian, who doesn't want his car insurance premiums to increase, show he poses a low risk to his insurance company? a: drive safely to avoid accidents and traffic citations b: wash and wax his car regularly to keep it clean c: allow unlicensed drivers to drive carelessly in his car d: incur driver's license points from breaking driving laws

Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct