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
slavikrds [6]
4 years ago
9

Garfield Industries is expanding its operations throughout the Southeast United States. Garfield anticipates that the expansion

will increase sales by $1,000,000, and increase the costs of goods sold by $700,000. Depreciation expenses will rise by $50,000 and interest expense will increase by $150,000. The company’s tax rate will remain at 40 percent. If the company’s forecast is correct, how much will net income increase or decrease, as a result of the expansion?
Business
1 answer:
zlopas [31]4 years ago
7 0

Answer:

$60,000 increase

Explanation:

The company's additional earnings before interest and taxes (EBIT) are subjected to a 40% tax rate. The company's EBIT is:

EBIT = Sales - Cost+Depreciation\\EBIT = 1,000,000-700,000+50,000\\EBIT =\$350,000

The change in income is determined as the EBIT minus taxes and interest expense:

I = \$350,000*(1-0.4) -\$150,000\\I=\$60,000

Therefore, Garfield Industries experienced a $60,000 increase in its income  as a result of the expansion.

You might be interested in
MEMORANDUM TO: Human Resources Director FROM: Mark Taylor, Department Head SUBJECT: Promotions of Margaret Adams and Beth Taylor
emmasim [6.3K]

In the case above since the cases with the two people are similar,  we should Promote neither Margaret nor Beth.

<h3>What is promotion in an office?</h3>

The act of getting promoted is one that connote that a person have step into a leadership position.

Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.

Note that since promotion will require more time which both individuals are not willing to give,  so therefore, In the case above since the cases with the two people are similar,  we should Promote neither Margaret nor Beth.

Learn more about Promotion from

brainly.com/question/11131986

#SPJ1

4 0
2 years ago
Transborder data flow (tdf) comprises national laws and international agreements on _____.
Sedaia [141]
The appropriate response is Data Security. It alludes to defensive computerized security measures that are connected to forestall unapproved access to PCs, databases, and sites. Information security additionally shields information from defilement. Information security is a fundamental part of IT for associations of each size and sort.
8 0
3 years ago
Livesheer, a youth-focused clothing brand, signs a contract with the organizers of a music festival. Under the contract, the org
Bumek [7]

Answer:

The correct answer is a) Sponsorship.

Explanation:

When it comes to sponsorship between two companies, it refers to the agreement they make so that one of the companies helps the others to promote its brand or product, benefiting from an economic incentive or the same product.

For example, in the case of the Livesheer company, they help sponsor the music festival with the agreement that the organizers promote their clothing brand at the festival through advertisements, as well as let them deliver a sample of their product to potential customers. This strategy is achieved through the sponsorship that Livesheer will give to the event organizers.

<em>I hope this information can help you.</em>

7 0
3 years ago
Peterson Company's records for the year ended December 31 show that no finished goods inventory existed at January 1 and no work
Bumek [7]

Answer:

Peterson's finished goods inventory cost at December 31 under the variable costing method is $90,000

Explanation:

The computation of the Peterson's finished goods inventory cost is shown below:

= (Variable manufacturing cost ÷ units manufactured) ×  units difference

= ($630,000 ÷ 70,000 units) × 10,000 units

= $90,000

The units difference would be equal to

= Units manufactured - units sold

= 70,000 - 60,000

= 10,000 units

5 0
3 years ago
Matilda, an employee, received an e-mail from an angry client about a certain product. Although it was not Matilda's fault, she
oksian1 [2.3K]

Answer:

d. "Shoot the messenger" management exists, implying a lack of control

Explanation:

The approach of "shoot the messenger" implies that the management of a company tend to blame the bearer of bad news as if they are responsible for the bad occurrence.

This approach causes tension and lack of communication in the workplace as employees are afraid of communicating when something bad happens.

Management is supposed to look objectively at the situation, identify the party that is responsible for the failure, and work towards rectifying it.

This is the situation in the scenario where Matilda received an e-mail from an angry client about a certain product and she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things

5 0
3 years ago
Other questions:
  • In the order fulfillment process, which step entails putting an order in the system?
    8·1 answer
  • Grant’s manager just told his team about this year’s contest, the winner of which will receive an all-expense paid trip to Taiwa
    13·1 answer
  • Historically, 74% of credit card users carry a balance from month-to-month. A certain credit card company would like to study th
    10·1 answer
  • Murphy Company sublet a portion of its warehouse for five years at an annual rental of $24,000, beginning on May 1, 2010. The te
    14·1 answer
  • WHICH ADVANTAGES ARE PART OF RENTING A HOME?
    9·1 answer
  • is deposited into an account earning interest a month, compounded monthly. Round your answers to two decimal places. (a) How muc
    12·1 answer
  • If you owned a trade secret, what methods would you employ to protect it?
    14·1 answer
  • What is unlikely to ask a real estate agent when interviewing
    13·1 answer
  • Question 2
    15·1 answer
  • Samuel paid $9.10, including tax, for a dog collar. before tax, the original price of the collar was $8.75. what was the sales t
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!