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3 years ago

The option of sticking with the current business lineup makes sense when

Business

1 answer:

Mashutka [201]3 years ago

4 0

Answer:

The correct answer is c. the company's present businesses offer attractive growth opportunities and can be counted on to generate good earnings and cash flows for shareholders.

Explanation:

A commercial line of products refers to products that are related to each other by some condition such as price, use or distribution. If, after evaluating the market, it is found that these products have a high growth potential, the best thing would be to continue betting on them within a reasonable period of time to reach a considerable level of sales. These products can in some way motivate the sale of others and therefore generate profits in the medium or short term for the shareholders.

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Mort is employed as brick layer. on the weekends, he also does some landscaping for several businesses and received five forms 1

Bingel [31]

<span>The answer is "$100 of interest and $50 of the personal property tax".

</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400
=25/100 x 400 = 0.25 x 400
Interest =$100

personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>

</span>

4 0

3 years ago

Marigold Corp. purchased a truck at the beginning of 2020 for $109700. The truck is estimated to have a salvage value of $4200 a

jeka57 [31]

Answer:

the depreciation expense of the year 2020 is $18,870

Explanation:

The computation of the depreciation expense of the year 2020 is as follows:

= (Truck value - salvage value) ÷ (useful life) × (driven miles)

= ($109,700 - $4,200) ÷ (123,000 miles) × (22,000 miles)

= $18,870

Hence, the depreciation expense of the year 2020 is $18,870

6 0

3 years ago

John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r

Ilya [14]

Answer:

1. Overtime rate is $20.175

2. Total earnings are $699.4

Explanation:

1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate

OT rate = 1.5 x $13.45

OT rate = $20.175

2. Total earnings for John Porter

Sunday trip = $20.175 x 3 hours =+$60.525

Week normal hours = $13.45 x 40 hours = +$538

Training session = $20.175 x 5 hours = +<u>$100.875</u>

Total earnings <u>$699.4</u>

8 0

3 years ago

Maxim has already spent $28,000 to manufacture a hamster food product called Green Health. Maxim currently has 10,000 bags of Gr

andriy [413]

The incremental income to process further for Maxim company equals to $30,000.

<h3>What is an Incremental income?</h3>

This means the profit that a business gains from an increase in sales.

It is gotten when there is an additional revenue generated by a certain product.

The Net income to be generated from Green health equals:

= Revenue - Cost

= $90,000 - $28,000

= $62,000

The Net income to be generated from Premium Green equals:

= Revenue - Extra cost

= $98,000 - $6,000

=$92,000

<h3>What is Incremental income to Process further?</h3>

= $92,000 - $62,000

= $30,000