Answer:
If Product X is discontinued, the company’s overall net operating income would: increase by $61,600
Explanation:
Not drop Drop Difference
Sales 317,100 317,100
(15100*21)
Less: Variable expenses <u> 226,500</u> <u>226,500
</u>
(15,100 * 15)
Contribution margin 90,600 90,600
Less: fixed expenses <u>101,000</u> 72,000 <u>29,000
</u>
Net operating income <u>-$10,400</u> <u>$61600</u>
<u></u>
Conclusion: If Product X is discontinued, the company’s overall net operating income would: increase by $61,600
Answer:
None of the listed items would fall under the category of a liability
Explanation:
A liability is a present obligation that entails an outflow of economic resources (e.g cash) to settle. For an item to be classified as a liability it must relate to an event that had happened (i.e in the past) and not the future.
Computer software is likely an asset of a company. The payment for same, if not made already, can then be a liability.
Owners' equity is a contribution by the owner to further the business objectives.
Marketable securities are assets of the company, precisely current assets since it is assumed that they can be convertible to cash in a short while.
Employees' wages and salaries are expenses. It is only when they have not been paid as at when due i.e when the performance obligation has been satisfied (e.g workers have worked for a full month to which the salary relates) that it becomes a liability.
Explanation:
Business Environment
Micro Environnement : it is the internal inside 9f the business
it has full control on the environment
it has lack of vision and mission
Market :it is the outside of the business
it has limited control
Macro: it is the major external outside of the business
it has uncontrollable factors that influence
the decision making
Answer:
Stern must borrow 13,530dollars at least to achieve is minimum monthly cash balance.
Explanation:
beginning cash balance: $ 12, 270
cash receipts $ 97,200
cash disbursements <u> $(115,000) </u>
cash balance before financing: $ (5,530)
minimun balance required $ 8,000
financing requirement: 8,000 - (-5,530) = 8,000 + 5,530 = 13,530
True. <span>An authoritarian leadership style is rarely effective in business. An authoritarian leadership style is one where the leader makes all of the decisions and controls all aspects of a project. In most cases, having a shared amount of work between teammates and control, allows for better productivity and happiness within the workplace. </span>
