1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oee [108]
3 years ago
15

The following income statements illustrate different cost structures for two competing companies:

Business
1 answer:
NikAS [45]3 years ago
6 0

Answer:

Kent net income is $10,560.00

Trent net loss is -$5,280.00  

Explanation:

It would be more appropriate to show the reconstructed income statements for both companies using spreadsheet.

The point is that Trent variable cost per unit is $180  and by lowering price per unit to $150 in order to lure away customers from Kent,Trent would incur losses as found in the revised income statements attached.

Download xlsx
You might be interested in
It was 8:00 a.m. on Saturday morning. Liz just learned that her well-meaning cousins were headed over to help her unpack her hou
Ymorist [56]

Answer:

empowered

Explanation:

According to my research on employee roles and responsibilities, I can say that based on the information provided within the question in this situation we can say that the employee was empowered. This can be said because he too the initiative in order fix the problem in a way that would leave the customer happy and wanting to come back again.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he
puteri [66]

Answer:

He began to worry.vvv

Explanation:

3 0
3 years ago
Read 2 more answers
An economy's standard of living can be at its highest if:
Natasha2012 [34]
Whats the answer options you get

8 0
3 years ago
Tim and Tammy are updating their financial plan and are concerned that they might not have enough life insurance coverage for th
julsineya [31]

Answer:

$274,400

Explanation:

Data provided in the question:

Annual income of Tim and Tammy = $56,000

Net worth of Tim and Tammy = $150,000

Now,

Using the easy method

Step 1;

Multiply the annual gross income by 70%

⇒ $56,000 × 0.70

⇒ $39,200

Step 2 :

Multiply the above result with 7

⇒ $39,200 × 7

⇒ $274,400

therefore,

we get the amount of life insurance as $274,400

8 0
3 years ago
Mr. Slake sold 1,580 shares of publicly traded DDL stock (tax basis $49,240) for $40,000 cash on February 13. He paid $43,000 ca
garik1379 [7]

Answer:

$9,240 loss recognized

$43,000 basis

Explanation:

Tax basis of share purchase is the cost of share together with any tax related to this purchase.

Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share =  $49,240 - $40,000 = $9,240

His tax basis in purchase of 1,600 shares on Mar 2 is  $43,000, the total cost he paid to acquire 1,600 shares

5 0
3 years ago
Other questions:
  • You deposit $4000 into a savings account. the account earns 2.75% simple interest. how long will it take to earn $220 in interes
    12·1 answer
  • after an unsuccessful attempt to train her puppy one morning sharon the office manager scolds her assistant when she arrives for
    6·1 answer
  • Parent Company holds 75 percent of Surrogate Company’s voting common shares. On December 31, 20X8, Parent recorded a loss of $20
    13·1 answer
  • An increase in the expected price level shifts short-run aggregate supply to the
    14·1 answer
  • Which of the following is not a classification of peripheral device?
    6·2 answers
  • The business environment consists of several factors that affect a business's ability to be successful and operate profitably.Cr
    14·1 answer
  • 7. Farmer sells flour to a baker for RM2. The baker uses the flour to make bread, which is sold for RM3. What is the total contr
    10·1 answer
  • Match the tasis with the professionals who do them
    15·2 answers
  • Jack Dossey wears socks of two colours - Yellow and Orange. He has altogether 20 yellow socks and 20 orange socks in a drawer. S
    7·1 answer
  • A currency is said to have appreciated when it commands a ____________ amount of a foreign currency. it results in foreign goods
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!