Answer:
decrease by 305,000 dollars
Explanation:
Sales 3,300,000
Variavle cost:
materials 710,000
labor 760,000
overhead 560,000
S&A <u> 330,000 </u>
total (2,360,000)
contribution 940,000
<u>fixed cost:</u>
tracable <u> (635,000)</u>
operating income 305,000
allocated <u> (560,000)</u>
net (255,000
The canoes division absorbs 305,000 of the common fixed cost
If discountinued the company as a whole will see their net income decreases by this amount. In the short run, the company should only discontinued a project or division when it is not able to afford their own cost. That is not the case, canoes division afford their own cost is the allocated from other activities of the company that generates this loss.
The answer would be: D. Attract investment
When developing nations attract investment from more developed nations, it will open up a lot of job opportunities for the people in the Developed nations. This will make an average citizen in that nation have a higher disposable income that they could spend to increase their standard of living.
Answer:
The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.
Explanation:
To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.
Answer:
C) Internal production systems that could reduce costs by 30 percent below the current industry standards
Explanation:
VRIO can be defined as the tool used to analyze a firm’s <u>internal resources and capabilities</u> in relation to them being a source of sustained competitive advantage. It purports that organisations have to look inwards for development of competitive advantage.
VRIO is an acronym for a the four qualities that must be possessed if internal competencies must produce competitive advantage: Value, Rarity, Imitability, and Organization.
Hence in the case of Otion Inc, the right resolve and direction is its <u>internal</u> production systems being able to reduce costs by 30% below industry standards.
The key word is internal.
Answer:
Interpersonal Skills
Explanation:
Interpersonal skill is the skill that connects one person with other due to the employee's behavior which helps him to get along with others. In other words, when we talk about interpersonal skills we are actually talking about the excellent way of interacting with people that results in better relation, respect, better job environment, motivation of employees, etc.
In this case, Herb Kelleher, the CEO has better relations with his company employees as he interact with the people well which is interpersonal skills.
