Sunland Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $610000 $300000 $65000 $975000 Variable expenses 375000 240000 58000 673000 Contribution margin 235000 60000 7000 302000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $160000 $ 25000 $(15000) $170000 Assume all of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped

Being an expert problem solver is something you're either born with or not. true or false

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?