Answer:
If Product X is discontinued, the company’s overall net operating income would: increase by $61,600
Explanation:
                                           Not drop        Drop       Difference
Sales                                   317,100                           317,100
(15100*21)
Less: Variable expenses   <u> 226,500</u>                         <u>226,500
</u>
(15,100 * 15)
Contribution margin            90,600                          90,600
Less: fixed expenses          <u>101,000</u>       72,000      <u>29,000
</u>
Net operating income      <u>-$10,400</u>                         <u>$61600</u>
<u></u>
Conclusion: If Product X is discontinued, the company’s overall net operating income would: increase by $61,600
 
        
             
        
        
        
Answer:
 a. Supplies Expense $3,700Supplies $3,700 
Explanation:
The entries required when supplies are purchased is
Debit Supplies account
Credit cash/accounts payable
At the point of use of these supplies, the entries required are
Debit  Supplies expense account
Credit supplies account
Hence the supplies used
= $5,000 - $1,300 
= $3,700
Entries to be posted to adjust
Debit  Supplies expense account  $3,700
Credit supplies account      $3,700
 
        
             
        
        
        
Netflix's products are targeted towards the lower-middle class and up, specifically targeted to people (or households) with income levels of $30,000 and up. In addition, Netflix offers movie and TV titles that appeal to many racial/ethnic groups with its array of foreign and international films.
A great example of market saturation is Netflix. While new streaming services are in the introduction and growth stages, the market originator has reached its saturation point.
In the fourth quarter of 2019, Netflix accounted for 40% of the market. By Q3 2020, it was at 36%. Below is where each major streaming service stands in market share in the US as of Q4 2020, according to data from Antenna: Netflix — 34%
        
             
        
        
        
Answer:
33.33%
Explanation:
Let weight of T-bill be x, therefore weight of stock will be 1-x
Portfolio = Weight of stock*Beta of stock + Weight of T-bills*Beta of T-bills
1 = (1-x)*1.5 + x*0
1 = 1.5 - 1.5x
x = 0.5/1.5
x = 0.3333
x = 33.33%
Therefore, the percentage of the portfolio invested in treasury bills is 33.33%.