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3 years ago

Why might you complete a 1040 instead of a 1040EZ

Business

2 answers:

Harrizon [31]3 years ago

4 0

Hi friend,
A) You own a home.
Hope this helps you!

MAXImum [283]3 years ago

3 0

A) you own a home

Hope this helped!

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The vice president of operations of Recycling Industries is evaluating the performance of two divisions organized as investment

slega [8]

Answer:

Recycling Inductries

1. Condensed Divisional Income Statement for the year ended Dec 31 20Y8

Business Division Consumer Division

$ $

sales 42,800,000 56,000,000

Cost of Goods Sold (23,500,000) (30,500,000)

Gross Profit 19,300,000 25,500,000

Operating expenses (11,424,800) (14,300,000)

Net Income 7,875,200 11,200,000

2. Using Duo point Analysis

Profit Margin = Net Income / sales

7,875,000 * 100% 11,200,000 * 100%

42,800,000 56,000,000

= 18.4% 20.0%

Investment Turnover = Sales / Invested asset

42,800,000 56,000,000

34,240,000 70,000,000

= 1.25 0.8

Return on Investment using Duo-point = Profit margin* Investment turnover

Business dividion = 18.4% *1.25 = 23%

Consumer division = 20% * 0.8 = 16%

3. Residual Income

Business dividion Consumer division

Net income $7,875,200 $11,200,000

Imputed cost* (3,424,000) (7,000,000)

Residual Income 4,451,200 4,200,000

4. Evaluation of performance of eaxh division

In term of profit, consumer division perform better than business division but in term of return on investment, business dividion has better performance. in term of residual income, business dividion is better in tem of performance than the consumer division.

Explanation:

7 0

3 years ago

Podcasting, at its core, is about what?

Archy [21]

The answer is b or C

3 0

2 years ago

Grosheim Incorporated has fixed expenses of $213,000 per year. Right now, Grosheim Incorporated is selling its products for $250

nirvana33 [79]

Answer:

781 units

Explanation:

Under the CVP concept, the break-even point is calculated by dividing the fixed costs by the contribution margin per unit.

i.e., break-even point = fixed cost/ contribution margin per unit

Currently, fixed costs are $213,000, an increase of 10% will take to

=(10/100 x $213,000) + $213,000

=$21,300 + 213,000

=$234, 300

The selling price is $250, an increase of 40%

=$250 x 1.4

=$350

variable cost will remain the same this year and the following year

Current variable costs are 20% of sales

=20/100 x 250

=0.2 x 250

=$50

Contribution margin will be new selling price - variable costs

=$350-50

=$300

Break-eve point = $234, 300/300

=781 units

3 0

3 years ago

Almost 80% of business owners are clueless about the competition, resulting in

Lesechka [4]

Answer:

The correct answer would be lost market share and customers.

Explanation:

When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.

6 0

4 years ago

Allocative efficiency means that ___________.

frutty [35]

Answer:

D. society’s scarce resources are used to produce products that align with consumer preferences

Explanation:

Allocation efficiency is a point in the economy when the goods and services being produced are exactly what the customers or people of the economy want and this is a point of production when marginal social benefit of producing the good is equal to the producers marginal cost.

6 0

3 years ago