what is one way we could pay for things like roads, schools, or the sewer system without taxing the public?

Variable costs as a percentage of sales for lemon inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu

GREYUIT [131]

When sales increase by $40,000, operating income will change by $-12,000.

<h3>By how much would operating income change?</h3>

The net operating income is total revenue less direct and indirect expenses. Direct expense is variable cost and indirect expenses are fixed costs.

Operating income = total revenue - variable expenses - fixed costs

Initial operating income: 600,0000 - (0.8 x 600,000) - 130,000 = -10,000

New operating income: (600,000 + 40,000) - [0.8 x (600,000 + 40,000)] - 130,000 = 2,0000

Change in operating income: -10,000 - 2,000 = $-12,000

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6 0

2 years ago

I need help ASAP please A B C or D

ch4aika [34]

The answer is A, to become a bank teller she would only need a high school diploma. Hope this helps!

5 0

3 years ago

On December 1, after making a concerted effort, management determines that it will be unable to collect $1,200 owed to it by one

madam [21]

Answer:

Debit Allowance for doubtful debts $1,200

Credit Accounts receivable $1,200

Being entries to write off uncollectible debt on December 1

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

5 0

3 years ago

A company has decided to discontinue a component of its business but, when the reporting period ends, the component has not yet

azamat

Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value

Explanation:

Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.

With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.

Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".

5 0

3 years ago

Net present value caine bottling corporation is considering the purchase of a new bottling machine. the machine would cost $275,

Tju [1.3M]

From the calculation below, the net present value of the bottling machine is -$3,053.38.

<h3>Calculation of net present value</h3>

The net present value of the bottling machine can be calculated as follows:

Present value of annual net annual cash flows = Annual net cash flows * ((1 - (1 / (1 + Discount rate))^number of years) / Discount rate)

Present value of annual net annual cash flows = $45,800 * ((1 - (1 / (1 + 12%))^11) / 12%)

Present value of annual net annual cash flows = $45,800 * 5.9376991325097

Present value of annual net annual cash flows = $271,946.62

Therefore, we have:

Net present value of the bottling machine = Present value of annual net annual cash flows – Machine cost = $271,946.62 - $275,000 = -$3,053.38

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8 0

2 years ago