Answer:
b) $132,100 decrease
Explanation:
The impact on operating income is presented below:
Sales for the year $1,050,000
Less: Variable cost -$860,000
Contribution margin $190,000
Less: fixed cost ($193,000 × 30%) -$57,900
Net operating income $132,100
We simply applied the above equation to find out the net operating income by considering the 30% of fixed cost elimination
So it would show the decrement of $132,100
Answer:
The correct answer is number (2): False.
Explanation:
The Investment-Savings (<em>IS</em>) Liquidity preference-money supply (<em>LM</em>) or IS-LM model describes the changes between economic goods (IS) related to investments (LM). Usually portrayed in a graphic, the approach aims to show how the IS an LM interact to balance the production of the overall economy.
The Sarbanes-Oxley Act of 2002 requires the CEO (Chief
Executive Officer) and the CFO (Chief Financial Officer) to personally certify
the accuracy of the financial statement that the company has filed with the
Securities and Exchange Commission as
members of senior management.
Answer: Option (d) is correct.
Explanation:
The individual's willingness to pay for a product tells us about the value or worthiness of that good to that individual and people attached these value on the product according to the utility that they are getting from the product. So, firms observed these individual behaviors to set the price of a commodity or a good. They are trying to set prices below or equal to the willingness of the individuals.
Answer:
47.5%
Explanation:
Data provided in the question:
Clearance discount percentage offered = 30%
Additional discount = 25%
Now,
Let the price of the car be $100
Therefore,
Price after the clearance discount = $100 - 30% of $100
= $100 - $30
= $70
Therefore,
Price after additional 25% discount = $70 - 25% of $70
= $70 - $17.5
= $52.5
Thus,
Total discount percentage
= [ ( Original cost - Selling cost ) ÷ Original cost] × 100%
= [ ( $100 - $52.5 ) ÷ $100 ] × 100%
= 47.5%