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ranfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,0

Snowcat [4.5K]

Answer:

If discontinued, then their operating income will decrease by 168,800

It is a better deal to continue the backpack division active.

Explanation:

sales 960,000

variable cost (475,000)

contribution 485,000

fixed cost (527,000)

loss (42,000)

if Dropped

40% of fixed cost are unavoidable

527,000 x 40% = (210,800)

Difference: 42,000-210,800 = (168,800)

5 0

3 years ago

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A company purchased $11,600 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $1,3

dlinn [17]

Answer:

$10,534

Explanation:

Net purchases before discount = $11,600 - $2,080 = $9,520

Since the company paid before 10 days, it takes 3% discount as follows:

Discount = $9,520 * 3% = 9,234.40 = $285.60

Net purchases after discount = $9,520 - $285.60 = $9,234.40

The company pays for the freight charge of $1,300 and net purchases after discount. Therefore, we have:

Cash paid = $9,234.40 + $1,300 = $10,534.40, or $10,534 approximately.

7 0

3 years ago

in which of the following scenarios will you be entitled to pay the least amount of money out of pocket for a medical expenses

Elis [28]

The scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense is that you have health insurance with a $500 deductible. Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.

5 0

3 years ago

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Unusually sharp, a number in dice and giving direction or quoting a price. A decimal mark, deciding a game or a moment in time t

emmainna [20.7K]

Answer:yes

Explanation:

4 0

3 years ago

Assume that global cleaning service performed cleaning services for a department store on account for $180. how would this tran

mart [117]

The transaction effect on the global cleaning service's accounting equation is to increase both assets and equity by $180.
An asset is a property or an equipment that is purchased for the purpose of business activities, examples of business assets include cash, equipment, buildings and inventory to vehicles and office furniture. In this case assets worth $180 increased (may be cash or bank, depending on the means of payment) and also an increase in equity.

5 0

3 years ago