The impact on operating income for eliminating this business segment would be:
$54,900 decrease $135,100 decrease $52,900 decrease $190,000.
Answer: D
Explanation: High turnover rates suggest that Golden Creamery has problems hiring the most appropriate employees, which supports the implementation of a testing program. If hourly workers remained at the firm for a long time, then that would suggest the firm's current hiring practices do not need to be modified.
Answer:
for an object completely submerged in a fluid
Explanation:
Answer:
$23,500,000
Explanation:
Angina Inc. has an outstanding of 5 million shares
The company is considering issuing an additional 1 million shares at $20 per share offering price and 95% of the proceeds gotten from the sale
An earlier agreement obligated the firm to sell an additional 250,000 shares at 90% of the offering price
The first step is to calculate the net proceeds for the shares sold
Net proceeds= Number of shares sold×price per share×percentage of sales proceed
The net proceeds for 1,000,000 shares can be calculated as follows
= 1,000,000×95/100×$20
= 1,000,000×0.95×$20
= $19,000,000
The net proceeds for 250,000 shares can be calculated as follows
= 250,000×90/100×$20
= 250,000×0.9×$20
= $4,500,000
Therefore, the total proceeds can be calculated as follows
= $19,000,000+$4,500,000
= $23,500,000
Hence the firm will realize a total cash of $23,500,000 from the stock sale.
Answer:
$10.97
Explanation:
Calculation for what is the company's expected value of each warranty sold
First step is to calculate the outcome
Outcome=$150-$12
Outcome=138
Second step is to calculate the outcome probability
Outcome probability=1-0.007
Outcome probability=0.993 and 0.007 respectively
Now let calculate the company's expected value of each warranty sold
Expected value of each warranty sold=$12*0.993+(-$138)*0.007
Expected value of each warranty sold=$10.97
Therefore Expected value of each warranty sold is $10.97
