Business, 13.12.2019 18:31 idunn

Carns company is considering eliminating its small tools division, which reported an operating loss for the recent year of $85,000. division sales for the year were $1,310,000 and its variable costs were $1,175,000. the fixed costs of the division were $220,000. if the kitchen division is dropped, 45% of the fixed costs allocated it could be eliminated. the impact on carns’s operating income from eliminating the small tools division would be:

a. $74,200 decrease
b. $36,000 decrease
c. $220,000 decrease
d. $36,000 increase
e. $99.000 decrease

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:20

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

Answers: 3

Answer

Business, 22.06.2019 11:20

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Answers: 3

Answer

Business, 22.06.2019 16:30

Corrective action must be taken for a project when (a) actual progress to the planned progress shows the progress is ahead of schedule. (b) the technical specifications have been met. (c) the actual cost of the activities is less than the funds received for the work completed. (d) the actual progress is less than the planned progress.

Answers: 2

Answer

Business, 23.06.2019 00:40

An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.

Answers: 3

Answer

You know the right answer?

Carns company is considering eliminating its small tools division, which reported an operating loss...

Questions