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2 years ago

Members of the board of directors of have received the following operating income data for the year just ended:

Business

1 answer:

Rzqust [24]2 years ago

3 0

Answer:

a) with industrial without industrial differential

systems systems amount

sales revenue 640,000 330,000 (310,000)

variable COGS (81,000) (48,000) 33,000

fixed COGS (298,000) (216,000) 82,000

gross profit 261,000 66,000 (195,000)

variable S&A (140,000) (72,000) 68,000

fixed S&A (71,000) (56,000) 15,000

operating 50,000 (62,000) (112,000)

income

b) contribution margin income statements:

with industrial systems

Sales revenue $640,000

- Variable COGS ($81,000)

- Variable S&A ($140,000)

Contribution margin $419,000

- Fixed COGS ($298,000)

- Fixed S&A ($71,000)

Operating income $50,000

without industrial systems

Sales revenue $330,000

- Variable COGS ($48,000)

- Variable S&A ($72,000)

Contribution margin $210,000

- Fixed COGS ($216,000)

- Fixed S&A ($56,000)

Operating loss ($62,000)

c) sometimes certain product lines help to amortize fixed costs and even though they are not profitable by themselves, without them, the company's operating profits and net income could be negatively affected.

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Stores that carry a broad product line, with limited depth, are referred to as

nordsb [41]

Answer:

b. general merchandise stores.

Explanation:

In terms of product line breadth and depth, stores differentiate themselves in product assortment.

A general merchandise store has a broad product line, aiming to offer diverse types of products. However, since it is not specialized in a particular product category, it has limited depth. These types of stores are common in rural communities, where they are the main shop of choice.

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3 years ago

an employee is found to have grossly mistreated a client, which the employee has never done before. what consequence should be a

Amanda [17]

An employee is found to have grossly mistreated a client, which the employee has never done before is Termination.

A person engaged by an employer to do a certain task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return. A person who completes particular responsibilities for a company in exchange for regular payment is called an employee.

Employees and employers often agree on a salary and benefits packages, such as vacation time and overtime pay.

Employers assume the financial risk of the venture in exchange for greater control over the employee's work, which distinguishes them from independent contractors.

An employee may have a temporary, part-time, or full-time job assignment.

Learn more about employee here:

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2 years ago

14. Joss Norton deposited a check for $474.85 and a check for $821.15. He

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Adding all of that would equal to $1,346

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2 years ago

Riverbed Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,280, Land $49

Rzqust [24]

Answer:

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

The debit and credit side of the balance sheet should always be equal and balanced.

Moreover, it always is prepared on the specified date.

The land is a fixed asset and patents is an intangible asset. Thus these items would not come in the current asset section

The preparation of the current assets section of the balance sheet is presented in the spreadsheet. Kindly find the attachment below:

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2 years ago

The AFN equation assumes that the ratios of assets and liabilities to sales remain constant over time. However, this assumption

Vera_Pavlovna [14]

Answer:

The answer is A True

Explanation:

AFN which is "additional funds needed" is a concept used commonly in business looking to expand operations and influence. Since a business that seeks to increase its sales level will require more assets to meet that stated goal, some provision must be made to accommodate the change in assets. AFN is a way of calculating how much of new funds will be needed, so that the firm can realistically look at whatever or not they will be able to generate the additional funds and therefore be able to achieve the higher sales level.

Economies of scale are cost advantage reaped by companies when production becomes efficient. Firms can achieve economies of scale by increasing production and lowering cost. This does not involve calculating of new funds needed for a realistic expansion of the firm.

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A constant ration can not be meet in this condition of economies of scale, lumpy assets, and excess capacity as these conditions can not be used in raising funds or additional funds that are needed by the industry in its expansion.

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3 years ago

Members of the board of directors of have received the following operating income data for the year just​ ended:

Members of the board of directors of have received the following operating income data for the year just ended: