Answer:
5.1(Approx)
Explanation:
Given that,
Sales = $787,100
Variable costs = (480,100)
Contribution margin = $307,000
Fixed costs = (246,800)
Operating income = $60,200
Operating leverage:
= Contribution margin ÷ Operating income
= $307,000 ÷ $60,200
= 5.1 (Approx).
Therefore, the operating leverage of Cartersville Co. is 5.1 (approx).
Answer:
No goodwill impairment should be recognized by Orioles in 2018
Explanation:
Data provided in the question:
Goodwill related to the purchase = $741,000
Fair value of Special Products Division = $5,600,000
Goodwill existing on December 31, 2018 = $595,000
Now,
Here, the fair value of division including the goodwill i.e $5,600,000 is lower than the fair value of division excluding the goodwill i.e $595,000
Hence,
There will be impairment loss
Hence,
No goodwill impairment should be recognized by Orioles in 2018
Book Balance : $2,490 Bank Balance: $3,360
Add: Add:
Ryan Saar payment 680 Deposits in Transit 300
Interest Revenue 10
Less: Less:
Service Charge ($20) Outstanding Checks (500)
=========== ==========
Cash Balance $3,160 Bank Balance $3,160
*The payment made by Ryan Saar was directly deposited to the bank; therefor, it is not yet recorded in the company books. The same with the Interest Revenue Earned and Service Charge Fees.
*The Deposits in Transit and Outstanding Checks are not yet recorded in the bank because the deposits are still in transit while the outstanding checks are not yet cashed; however, these items were already recorded in the company books.
Answer: The opportunity cost of producing 1 apple will be 1 orange.
Explanation:
Opportunity cost is defined as the loss or cost of another alternative when another alternative is being chosen by an economic agent.
In this scenario, the opportunity cost of producing every additional apple will be 1 orange due to the fact that as there's an increase in the production of apple from 80 to 90, there'll be a reduction in the production of orange from 30 to 20.
This indicates that for the increase of 10 apples, there's a reduction of 10 oranges which implies that an increase of 1 apple brings about a reduction by 1 orange.
Answer:
Option B is correct one.
<u>Slippery Slope</u>
Explanation:
A slippery slope argument, in logic, critical thinking, political rhetoric, and case-law, is often viewed as a logical fallacy in which a party asserts that a relatively small first step leads to a chain of related events culminating in some significant effect. Objecting an action using the argument that once it has been taken, it will lead to similar but less desirable actions.