The management accountant for the martino organics has prepared the following segmented income statement for the most current year. produce fish & meat sundries total sales $80,000 $120,000 $60,000 $260,000variable expenses 36,000 65,000 20,000 121,000 contribution margin 44,000 55,000 40,000 139,000 other costs 18,000 21,000 8,000 47,000 segment margin 26,000 34,000 32,000 92,000 allocated avoidable costs 2,000 3,000 3,000 8,000 segment income 24,000 31,000 29,000 84,000 allocated corporate costs 7,000 7,000 7,000 21,000 corporate profit $17,000 $ 24,000 $ 22,000 $ 63,000 1. assume that the sundries department has been discontinued and long-term capacity of the company has had time to adjust. the projected long-term effect of this action on annual corporate profits would be a decrease of: a. $40,000. b. $32,000. c. $29,000. d. $22,000.

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Alyeska services company, a division of a major oil company, provides various services to the operators of the north slope oil field in alaska. data concerning the most recent year appear below: sales $18,000,000 net operating income $6,300,000 average operating assets $35,200,000 1. compute the margin for alyeska services company. (round your answer to 2 decimal places.) 2. compute the turnover for alyeska services company. (round your answer to 2 decimal places.) 3. compute the return on investment (roi) for alyeska services company. (round your intermediate calculations and final answer to 2 decimal places.)

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?