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3241004551 [841]
3 years ago
5

A business segment reports segment revenues of $1.2 million, segment costs of $1.0 million, and allocated corporate overhead cos

ts of $300,000 If management were to drop the segment, overall corporate profits would:_______. a. increase by $100.000. b. decrease by $100,000 c. increase by $200,000. d. decrease by $200.000.
Business
1 answer:
topjm [15]3 years ago
6 0

Answer:

d. decrease by $200.000.

Explanation:

The computation of the segment profit is shown below:

Segment profit = Segment revenues - Segment cost

                         = $1.2 million - $1.0 million

                         = $0.2 million or $200,000

Since the management want to drop the segment which results to decrease in the overall corporate profits that means the segment profit will also got decreased by  $200,000

The overhead cost is not relevant. Hence, ignored it

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The state senator was found guilty of __________ when she tried to overcharge for licenses and permits from an international bus
german

The state senator was found culpable of <u>Foreign corrupt Practices</u> when she tried to overcharge for licenses and permits from an international firm that wanted to start a manufacturing plant in her state.

<h3>What are Foreign Corrupt Practices (FCPA)</h3>

This Act was originally brought into Law in 1977 by the U.S. Congress to curb corruption as it was becoming endemic.

Foreign Corrupt Practices are related to illicit practices that border Public Account Records and Bribery.

In the example above, the senator tried to circumvent proper internal controls by revising the fees payable by an international organization to the state.

Please see the link below for more about Foreign Corrupt Practices:

brainly.com/question/25277461

6 0
2 years ago
What is the total retail market value of all goods and services produced in a nation during a given period, usually a year?
Marianna [84]
I do believe that is the gross domestic product!
6 0
3 years ago
For what minimum period of time after the closing of any customer's account must a broker/dealer preserve account cards or recor
blondinia [14]

Answer:

The answer options are:

A. 90 days

B. 1 year

C. 4 years

D. 6 years

Explanation:

FINRA Rules prescribe that broker/dealers preserve for a period of not less than 6 years after the closing of any customer's account, any account cards or records which related to the terms and conditions with respect to the opening and maintenance of the account.

4 0
3 years ago
The Boot Department at the Omaha Department Store is being considered for closure. The following information relates to boot act
kykrilka [37]

Answer:

Yes, Omaha department store would be better off by $23000.

Explanation:

Given: Sales revenue= $350000.

           Cost of goods sold= $280000.

           Sales commission= $30000.

           Fixed operating cost= $90000.

Now, computing net profit or (loss)

Net profit/loss= \textrm{sales revenue - cost of goods sold- sales\ commission - Avoidable fixed\ operating\ costs}

∴ Net profit/loss= 350000-280000-30000-(90000\times 70\%)

⇒ Net profit/loss= 40000-(63000)= (\$ 23000)

∴ Net loss= \$ 23000

∴ Yes boot department should be closed, as Omaha department store is better off by $23000.

7 0
3 years ago
After you record your business transactions, what’s the next step in the process of turning this data into useful information
sesenic [268]

Answer:

after yopu record the transaction using the double entry sysem, then you must identify the category which these balances belong to such as Assets, expenses, Liabilities, Income or Equity.

It is only after this identification we can apply these to calculate the overal financial productivity of the organization or the profit. because then we can identify the effect these balances have upon the profit!

Explanation:

6 0
3 years ago
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