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Ulleksa [173]
3 years ago
15

Silven industries, which manufactures and sells a highly successful line of summer lotions and insect repellents, has decided to

diversify in order to stabilize sales throughout the year. a natural area for the company to consider is the production of winter lotions and creams to prevent dry and chapped skin
Business
1 answer:
Romashka-Z-Leto [24]3 years ago
5 0
<span>Yes, it would be a natural progression for Silven Industries to diversify by entering into the production of seasonal products.They already have the expertise in the summer production line, so it just follows suit to now go in the direction of winter products.</span>
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Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.
lapo4ka [179]

Answer:

D) $571.24

Explanation:

Royce' premiums for the  previous year were:

  • bodily injury $22.50
  • property damage $144.75
  • collision $275.75
  • comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

4 0
3 years ago
Read 2 more answers
The cumulative feature of preferred stock
Dima020 [189]

Answer:

B) requires that dividends not paid in any year must be made up in a later year before dividends are distributed to common shareholders.

Explanation:

In cumulative feature of preferred stock, the preference shareholders have priority of shareholders over common shareholders in the year subsequent to the year in which the dividend is not distributed.  All other options given in the question are incorrect.

3 0
3 years ago
O'Neill, Incorporated's income statement for the most recent month is given below. The marketing department believes that a prom
Nesterboy [21]

Answer:

$1,800

Explanation:

Here Decrease or increase can be calculated as under:

Increase in Revenue                                                           $15,000

Increase in Variable Cost (72k / 100k * $15,000)             ($10,800)

Increase in Promotional Cost                                           <u>  ($6,000)  </u>

Net Operating Income Decrease                                        ($1,800)

Hence the decrease in Net Operating Income would be by $1,800.

Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.

The Numerical section of the question is given as under:

8 0
3 years ago
hen Target sells winter coats, it sends them to stores at different times of the year. This is an example of ________. Group of
satela [25.4K]

Answer:

Climate segmentation

Explanation:

Climate segmentation -

It refers to the practice of focusing a particular weather , in order to sell goods and services according to the respective climate , is referred to as Climate segmentation .

In this method potential people are targeted on the basis of the requirement of goods for a particular weather .  

Hence , from the given scenario of the question ,

The correct answer is Climate segmentation .

3 0
3 years ago
Measuring Sustainable Earnings Harnishfeger Corporation was a mining machinery and equipment company based in Wisconsin. The com
Katena32 [7]

Answer:

Harnischfeger Corporation

Measuring Sustainable Earnings

a. Sustainable earnings = $1,530,000

b. Most analysts at the capital market would like to recalculate the net income to the actual income without the change in Harnischfeger depreciation accounting policy in order to understand the effect of the change.

Explanation:

a) Data and Calculations:

Excerpts from Harnischfeger financial statements

(in thousands)

Income before income taxes, equity items,

and cumulative effect of accounting method change    5,838

Provision for income taxes                                              (2,452)

Income after taxes                                                            3,386

Equity items                                                                         858

Cumulative effect of change in depreciation method  11,005

Net income                                                                      15,249

Sustainable Earning:

(in thousands)

Income before income taxes, equity items,

and cumulative effect of accounting method change    5,838

Change in estimate                                                         (3,200)

Adjusted income                                                              2,638

Income taxes   (42%)                                                        (1,108)

Income after taxes                                                             1,530

Income taxes rate = 2,452/5838 * 100 = 42%

b) Sustainable earnings differ from actual net earnings or income by removing the amount of irregular revenues, expenses, gains, and losses included in the financial year's net income. Sustainable earnings enable the users of financial statements to estimate a company's future earnings without the “noise” generated by irregular accounting items around the net income figure.

6 0
3 years ago
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