Answer:
$214,000
Explanation:
Total Revenues ($740,000 + $103,000) =$843,000
−Total Operating costs ($570,000 + $59,000)
=$629,000
= Total operating profit = $214,000
Therefore Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by $214,000
Answer:
Answer is given below.
Explanation:
-Income from Continuing Operation 700000
-Discontinued Operations
-Loss from operations of 60000
discontinued segment (75000*80%)
-Gain on disposal of discontinued 168000 108000
segment (210000*80%)
-Net Income 808000
Answer:
56.46%
Explanation:
The computation of the gross profit percentage is shown below
Gross profit percentage is
= (Sales - cost of goods sold) ÷ (Sales) × 100
where,
Sales is $850,000
And, the cost of goods sold is $344,600
Now placing these values to the above formula
So, the gross profit percentage is
= ($850,000 - $344,600) ÷ ($850,000) × 100
= $505,400 ÷ $850,000 × 100
= 56.46%
Answer:
Informational
Explanation:
The role of "informational" control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies. Informational control is when a business gathers information and analyzes that information from different perspectives to come up with better strategy's in order to better the business itself.
Hope this helps.
Answer:
84.29%
Explanation:
Quarterly tax revenue collected = $70 billion
Thus,
annual tax revenue collected = $70 billion × 4
= $280 billion
Total amount allocated = $15 billion + $29 billion
= $44 billion
Therefore,
Percentage of annual tax revenue allocated
= [ $44 billion ÷ $280 billion ] × 100%
= 15.71%
Hence,
Percentage of its total annual tax revenue is left for allocation to the remaining categories of government spending
= 100% - 15.71%
= 84.29%
