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djverab [1.8K]
3 years ago
6

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

800. The division sales for the year were $975,200 and the variable costs were $483,000. The fixed costs of the division were $535,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be: Multiple Choice $492,200 decrease $278,200 decrease $278,200 increase $492,200 increase $214,000 increase

Business
1 answer:
maxonik [38]3 years ago
8 0

Find the given attachment

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Initial step in the strategic marketing process is to begin planning by conducting a _______. business portfolio analysis. diver
Alex17521 [72]

<span>Initial step in the strategic marketing process is to begin planning by conducting a (SWOT) analysis. SWOT analysis, also called SWOT matrix, means the Strengths, Weaknesses, Opportunities, and Threats that summarizes the evaluation of elements for a project or business.</span>

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3 years ago
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Which of the following is a true statement about inventory systems?A)Periodic inventory systems require more detailed inventory
balu736 [363]

Answer:

B)Perpetual inventory systems require more detailed inventory records.

Explanation:

Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.

Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.

However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.

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3 years ago
The strategy that deals with product and process innovation and improvement is known as a __________ strategy.
Phantasy [73]
The strategy that deals with product and process innovation and improvement is known as a R & D strategy.
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3 0
3 years ago
an investor currently has 40,000 portfolio 40% of which is invested in bonds the investor wishes to add funds to the portfolio b
Marina86 [1]

Answer:

The value of the bonds that the investor should purchase=$10,000

Explanation:

<em>Step 1: Determine current value of portfolio and bonds</em>

Current value of portfolio=$40,000

Current value of bonds=40% of 40,000

Current value of bonds=(40/100)×40,000=$16,000

<em>Step 2: Final value of bonds and portfolio</em>

Final value of bonds=current value of bonds+added value of bonds

where;

current value of bonds=16,000

added value of bonds=X

replacing;

Final value of bonds=16,000+X

Final value of portfolio=current value of portfolio+added value of bonds

where;

current value of portfolio=40,000

added value of bonds=X

replacing;

Final value of portfolio=40,000+X

<em>Step 3: Solve for X</em>

Using the expression;

Proportion of bonds=(final value of bonds/final value of portfolio)×100

where;

proportion of bonds=52%

final value of bonds=16,000+X

final value of portfolio=40,000+X

replacing;

(52/100)=(16,000+X)/(40,000+X)

0.52=(16,000+X)/(40,000+X)

0.52(40,000+X)=16,000+X

20,800+0.52 X=16,000+X

(X-0.52 X)=20,800-16,000

0.48 X=4,800

X=4,800/0.48=10,000

The value of the bonds that the investor should purchase=$10,000

8 0
3 years ago
According to a summary of the payroll of Sinclair Company, $505,000 was subject to the 6.0% social security tax and $545,000 was
Musya8 [376]

Answer:

Explanation:

1. The computation is shown below:

State unemployment = $10,000 × 4.2% = $420

Federal unemployment = $10,000 × 0.8% = $80

2. The journal entry is shown below:

Payroll tax expense A/c Dr $38,975

        To Social security tax A/c $30,300    ($505,000 × 6.0%)

        To Medicate tax A/c $8,175    ($545,000 × 1.5%)

        To  State Unemployment tax payable A/c $420

       To  Federal Unemployment tax payable A/c $80

(Being the payroll tax expense is recorded)

8 0
3 years ago
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