1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valkas [14]
2 years ago
14

The most recent income statement for the Chicago Branch of Illinois State Bank is presented below: Sales $65,000 Variable costs

32,000 Contribution margin 33,000 Avoidable fixed costs 14,000 Unavoidable fixed costs 22,000 Operating loss $(3,000) Illinois State Bank is thinking about eliminating the Chicago Branch. If the branch is eliminated, Illinois State Bank's operating income will ________.
Business
1 answer:
olya-2409 [2.1K]2 years ago
4 0

Answer:

Operating income will be decreased by $19,000

Explanation:

Prior to elimination of Chicago branch Loss = $3,000

After eliminating chicago branch (Unavaoidable fixed costs will still be incurred) loss = $22,000

Difference = $3,000 - $22,000 = $19,000(decrease)

You might be interested in
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.7 percent indefinitely
NISA [10]

Answer:

b.$57.08

Explanation:

Current price=D1/(Required return-Growth rate)

=(3.38*1.047)/(0.109-0.047)

which is equal to

=$57.08.  

7 0
3 years ago
A customer who lives in New York has an account with a broker-dealer and sales representative that are both registered in State
mash [69]
True because I said so and i don’t really care but I hope this helped
8 0
3 years ago
question 5 you're anticipating audience questions, especially one asking how you were able to connect the campaign with the resu
notka56 [123]

The detail you need to add to your next slide should address the issue of questions from the audience.

<h3>What is a Presentation?</h3>

This refers to the use of diagrams, charts, and tables to present an idea to an audience.

Hence, we can see that The detail you need to add to your next slide should address the issue of questions from the audience.

This is because you are being proactive by adding a slide of potential questions from the audience.

Read more about presentations here:

brainly.com/question/24653274

#SPJ1

4 0
1 year ago
In the long run the most important factor that shifts the aggregate supply curve is?
Eddi Din [679]

In the long run, the most important factor shifting the SRAS curve is productivity growth.

<h3>What do you mean by productivity growth?</h3>

Productivity—in economic terms—is how much output can be produced with a given quantity of labor. One measure of this is output per worker, or GDP per capita.

Since 1947, the U.S. corporate sector has been able to create nine times more goods and services with only a little increase in labor hours thanks to productivity gains. An economy may create and consume more goods and services for the same amount of effort when productivity is growing.

Productivity is a way of thinking and a condition of being. Being effective entails acting in every situation as we actively choose to and not as we feel pressured to by external factors. Being productive requires adopting a mindset of constant development.

Learn more about productivity growth here

brainly.com/question/11764536

#SPJ1

5 0
1 year ago
Atlas Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,000 at t = 0. Project S ha
snow_lady [41]

Answer:

A) $56.5

Explanation:

Data:

Project S

Initial cost $10,000

Y1 CF = $6,000

y2 CF = $8,000

Project L

Initial Investment = $10,000

Y1-Y4 CF = $4,373

Solution:

<u>For Project S</u>

We shall prolong the project to four years so it can be easily compared to project L

Following shall be the cashflow stream:

Y0=-$10,000  Y1=$6,000  Y2=-$2,000($8,000 CF - $10,000 outlay for prolonging the project second time)  Y3=$6,000  Y4=$8,000

Now to discount the cashflow

NPV=-10000/(1+0.0925)^0+6000/(1+0.0925)^1-2000/(1+0.0925)^2+6000/(1+0.0925)^3+8000/(1+0.0925)^4

NPV=4033.40

<u>For Project L</u>

In order to calculate present value of the annuity, following formula will be used:

PV=PMT(1+(1/(1+r)^n)/r

<em>NPV = Initial outlay - PV</em>

4373(1+(1/(1+0.0925)^4)/0.0925=14089.9

NPV=-10000+14089.9

NPV=4089.9

Now, we can easily calculate how much value will the firm gain or lose if Project L is selected over Project S

Value=NPV(L)-NPV(S)

Value=4033.40-4089.90

Value=56.50

<em>*all figures are rounded off to two decimal points*</em>

7 0
3 years ago
Other questions:
  • Portfolio A has a beta of 1.0 and an expected return of 22%. Portfolio B has a beta of 2.0 and an expected return of 17%. The ri
    11·1 answer
  • Why does a bank sometimes hold excess reserves?
    5·2 answers
  • Which of the following sentences use slang or buzzwords?
    14·1 answer
  • The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 1
    8·1 answer
  • Which of the following statements regarding corporate bonds is most correct? a. Debentures are riskier than subordinated debentu
    12·1 answer
  • George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm paid dividends of $1.10 du
    14·1 answer
  • An invoice is an example of which of the following?
    8·1 answer
  • Suppose Nick would like to invest $10,000 of his savings.
    7·1 answer
  • 1)______elimination risks.
    5·1 answer
  • 2 pros of positive word of mouth (WOM) <br> 2 cons of positive word of mouth (WOM)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!