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MAXImum [283]
3 years ago
6

Aldo Vitterini, the firm’s CEO, is concerned about his firm’s future, however. He is, in fact, considering moving his firm’s hea

dquarters from Innsbruck, Austria, to Bolzano, in Italy, to take advantage of the availability of lower costs of newspaper, magazine, and radio advertising when booked from an Italian source. He is also concerned that the appearance on the rivers of the area of vessels from Switzerland, Slovenia, and even Hungary may negatively impact his business. Vitterini's idea of moving his corporate headquarters to Bolzano is motivated by:
Business
1 answer:
Gnesinka [82]3 years ago
4 0

Answer:

These are the answer choices for the question:

- lower costs of promotion

- better service to customers

- lower tax rate

- more customers

And this is the correct answer choice:

- lower costs of promotion

Explanation:

We can see in the question, that Vitterini main rationale for moving his firm's headquarters from Innsbruck to Bolzano, is that the costs of materials, associated with the promotion services of the company, are cheaper: newspaper, magazine, and radio advertising.

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Green Corporation has total sales revenues of $400,000. If its total fixed costs are $70,000 and its total variable costs are $1
Georgia [21]

Answer:

Part 1

the contribution margin is $220,000

Part 2

the net change in operating income is $270,000

Part 3

Stanley's Bicycles contribution margin is $7,500

Explanation:

Green Corporation Contribution Margin Statement

Sales revenues                 $400,000

Less Variable costs          ($180,000)

Contribution                      $220,000

Less Fixed Cost                 ($70,000)

Net Income                         $150,000

Frost Company Contribution Margin Statement

Contribution  ($49 x   10,000)                  $490,000

Less Fixed Cost                                         ($70,000)

Net Income                                                $420,000

Change = $420,000 - $150,000 = $270,000

Stanley's Bicycles Contribution Margin Statement

Sales Revenue ($750 x 200)                     $150,000

Less Variable Costs :

Cost of Sales ( $600 x 200)                     ($120,000)

Commission ($150,000 x 15%)                  ($22,500)

Contribution                                                   $7,500

Less Fixed Costs

Rent expense                                                ($1,400)

Salaries                                                         ($3,000)

Net Income                                                     $3,100

8 0
3 years ago
Alternative price indexes Because there isn't one single measure of inflation, the government and researchers use a variety of m
jekas [21]
The gdp deflector for this year is calculated
7 0
3 years ago
A bond with 20 detachable warrants has just been offered for sale at $1,000. The bond matures in 20 years and has an annual coup
lisov135 [29]

Answer:

Value of one warrant = $ 6.88 (2 decimals).

Explanation:

Ordinary bond current value = pv(rate,nper,pmt,fv)

Ordinary bond current value = pv(6%,20,48,1000)

Ordinary bond current value = $ 862.36

Current Value of Bond with warrant = 1000

Warrant value = Current Value of Bond with a warrant - Ordinary bond current value

Warrant value = 1000 - 862.36

Warrant value = $ 137.64

No of Warrant with a bond = 20

Value of one warrant = Warrant value /No of Warrant with a bond

Value of one warrant = 137.64/20 = $6.882

Value of one warrant = $ 6.88 (2 decimals).

7 0
3 years ago
Kansas Plating Company reported a cost of goods manufactured of $260,000, with the firm's year-end balance sheet revealing work
eimsori [14]

Answer:

c) $5,000

Explanation:

Kansas Plating Company

Cost of Goods Manufactured.

DM used $40,000

Add Direct labor $70,000

Add Overhead $180,000

Total Manufacturing Costs 290,000

Work in Process Inventory

Add Begin. Inv. 5000

Avail. for mfg. 295,000

Less End. Inv. 3,500 0

Cost of goods mfg 260,000

As the beginning balances of materials direct labor and FOH are given we add these to get total manufacturing costs and also the ending balances are given of Cost of Goods Manufactured and ending Inventory we calculate backwards to get to the Work In Process opening Inventory.

5 0
3 years ago
Account Title Debit Credit
NemiM [27]

Answer:

Wilson Trucking Company’s classified balance sheet as of December 31, 2017.

ASSETS

<u>Non - Current Assets</u>

Trucks                                                       200,000

Accumulated depreciation—Trucks        (36,256 )    163,744

Land                                                                              43,000

Total Non - Current Assets                                       206,744

<u>Current Assets</u>

Office supplies                                                               6,160

Accounts receivable                                                    15,500

Cash                                                                               7,800

Total Current Assets                                                   29,460

Total Assets                                                              236,204

EQUITY AND LIABILITIES

Equity

K. Wilson, Capital                                                        171,525

K. Wilson, Withdrawals                                              (45,000)

Net Income                                                                  22,292

Total Equity                                                                 148,817

Liabilities

<u>Non - Current Liabilities</u>

Long-term notes payable                                          40,000

Total Non - Current Liabilities                                   40,000

<u>Current Liabilities</u>

Accounts payable                                                       10,100

Interest payable                                                        20,000

Total Current Liabilities                                              30,100

Total Equity and Liabilities                                        218,917

Explanation:

The Net Income for the year needs to be determined. This is included under the Equity section of the Balance Sheet.

<u>Calculation of Net Income/(Loss) for the year</u>

                                                           $                $

Trucking fees earned                                      121,000

Less Expenses :

Depreciation expense  —Trucks   23,385

Salaries expense                          56,046

Office supplies expense                9,000

Repairs expense—  Trucks             10,277     (98,708)

Net Income / (loss)                                          22,292

6 0
3 years ago
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