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3 years ago

What alternatives did some employers use to lessen the impact of the change on their bottom line? (List at least three.)

1 answer:

4 0

These are some alternatives that employers could use to lessen the impact of the change on the bottom line :

- By cutting out some employees to reduce wage expense
- By changing the tax accounting so the company could record the revenue earlier
- By selling some assets to get more liquid cash

hope this helps

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Parent Co. invested $1,000,000 in Sub Co. for 25% of its outstanding stock. Sub Co. pays out 40% of net income in dividends each

yawa3891 [41]

Answer:

(A) $110,000

(B) $44,000

(D) $176,000

Explanation:

Parent corporation invested $1,000,000 in sub corpora tion for 25% of its outstanding stock

Sub corporation pays out 40% of net income of dividend each year

(A) Parent's Co's share of Sub's Co's net income for the year is $110,000

(B) Parent's Co's share of Sub's Co's share of dividend for the year is $44,000

= 110,000 ×100/25

= 11,000,000/25

= $440,000

(D) The total dividend for the year can be calculated as follows

= 440,000 ×40/100

= 440,000 × 0.4

= $176,000

5 0

3 years ago

A man has $34,000 to invest. He invests some of the money at 5% and the balance at 4%. His total annual interest income is $1545

notka56 [123]

Answer:

Amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

Explanation:

Provided we have the following details,

Total investment = $34,000

Let amount invested @ 5% = x

Then, amount invested at 4% = $34,000 - x

Thus, $(x \times 0.05) + (($34,000 - x) \times 0.04) = $1,545$

0.05x + $1,360 - 0.04x = $1,545

0.01x = $1,545 - $1,360 = $185

x = $185/0.01 = $18,500

Thus, amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

7 0

3 years ago

ranfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,0

Snowcat [4.5K]

Answer:

If discontinued, then their operating income will decrease by 168,800

It is a better deal to continue the backpack division active.

Explanation:

sales 960,000

variable cost (475,000)

contribution 485,000

fixed cost (527,000)

loss (42,000)

if Dropped

40% of fixed cost are unavoidable

527,000 x 40% = (210,800)

Difference: 42,000-210,800 = (168,800)

5 0

3 years ago

Read 2 more answers

Sustainable businesses tend to be run by CEOs who are:

Marianna [84]

The answer is Target-driven<span>
</span>

8 0

3 years ago

Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a

damaskus [11]

Answer:

$288 (F)

Explanation:

In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:

Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458

Variance = 38,170 - 38,458 = $288 (F)

Because the actual expense is less than the flexible budget, the variance is favorable (F).

Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.

5 0

3 years ago