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BlackZzzverrR [31]
4 years ago
11

Phillipson Corporation has two divisions: the IEB Division and the PIH Division. The corporation's net operating income is $83,9

00. The IEB Division's divisional segment margin is $149,700 and the PIH Division's divisional segment margin is $60,100. What is the amount of the common fixed expense not traceable to the individual divisions?

Business
1 answer:
Gnoma [55]4 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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On October 1st, a company borrowed $60,000 from Eighth National Bank on a 1-year, 7% note. If the company's fiscal year ends on
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Answer:

Interest payable $1,050

Explanation:

Based on the information given F the company's fiscal year ends on December 31st, Hillsmith should make a year-end adjusting entry to increase: INTEREST PAYABLE $1,050

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Answer:

Countries that engage in trade will tend to specialize in the production of goods and services in which they have <u>COMPARATIVE</u> and will <u>EXPORTS</u> these goods and services.

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The required rate of return on a bond is:
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Answer:

None of these choices are correct.

Explanation:

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Little Corp., a toy manufacturing company, allocates one task to an employee working from 8:00 a.m. to 12:30 p.m. and allocates
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Answer:

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Answer:

d. Calculate total revenue minus total expenses

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