Pharoah Company had $176,800 of net income in 2019 when the selling price per unit was $151, the variable costs per unit were $91, and the fixed costs were $573,200. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Pharoah Company is under pressure from stockholders to increase net income by $75,000 in 2020. Required:
a. Compute the number of units sold in 2019.
b. Compute the number of units that would have to be sold in 2020 to reach the stockholders' desired profit level.
c. Assume that naylor company sells the same number of units in 2020 as it did in 2019. What would the selling price have to be in order to reacch the stockholders' desired profit level?

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

How do communism and socialism differ in terms of the role that government plays in the economy ?

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.