1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
eimsori [14]
4 years ago
12

Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann

ual fixed costs. Of the fixed costs, $90,000 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be:
Business
1 answer:
Svetradugi [14.3K]4 years ago
3 0

Answer:

-$10,000

Explanation:

For computing the annual financial advantage or disadvantage, we have to determine the net income or loss  in both cases which are shown below:

In the first case

Net income or loss = Annual contribution margin - annual fixed cost

                   = $80,000 - $160,000

                   = $80,000

And, the net income with fixed cost is $90,000

So, the financial disadvantage would be

= $80,000 - 90,000

= -$10,000

You might be interested in
A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income
slava [35]

Answer:

9.63%

Explanation:

Calculation of Mutual Fund rate of return that the investor receive on the fund last year

Using this formula

Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )

Let plug in the formula

Where:

Fund's NAV =$19.14

NAV per share=$19.00

Income distributions=.57

Capital gain distributions =1.12

Hence

Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00

=1.83/$19.00

=0.0963×100

Rate = 9.63%

Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%

5 0
3 years ago
The safest action to take if someone claiming to be from your bank calls you to ask you for account information?
Cloud [144]
Ask questions on the person and check where is the number coming from in the phone. Or you can simply ask why do they need this info.
7 0
3 years ago
Whole Grain Bakery purchases an industrial bread machine for $24,500. In addition to the purchase price, the company makes the f
Shkiper50 [21]

Answer:

$29,800

Explanation:

Calculation to determine initial cost of the bread machine

INITIAL COST

Purchase Price: $24,500

Freight: $1,450

Installation: $2,900

Testing: $950

Total cost of the bread machine: $29,800

Therefore initial cost of the bread machine is $29,800

7 0
3 years ago
In what ways might monetary policy be superior to fiscal policy?
a_sh-v [17]

Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.

The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.

A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.

Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.

Learn more about monetary policy here:

brainly.com/question/28038989

#SPJ4

6 0
2 years ago
It is estimated that firms lose ___________ annually in productivity, absenteeism, and employee turnover due to caring for aging
Sergeu [11.5K]

Answer:

$11 billion annually.

Explanation:

Firms carried out assessments based on their daily activities as well as employee assessment.

Employees in firms are assessed based on their productivity level, rate at which they are absent from work as well as their turnover rate in the firm.

Low productivity can be defined as a decrease in the production capacity of a firm due to the inefficiency of workers.

Absenteeism can be defined as when a person is not present at work. This may be due to genuine or deliberate reasons.

Employee turnover can be defined as the number of employees who leave a firm and are replaced with new employees.

Low productivity, consistent absenteeism and employee turnover rates are said to cause firms to lose a lot of money due to:

a. Payment of salary for absent workers

b. Having to find replacement for absent staffs.

c. Low productivity due to lack of or absent staffs.

It is estimated that firms lose $11 billion annually in productivity, absenteeism, and employee turnover due to caring for aging parents.

7 0
4 years ago
Other questions:
  • Corporations have more ways to raise to pay for productive resources than small firms or not-for-profit organizations.
    6·2 answers
  • Joel Foster is the portfolio manager of the SF Fund, a $3.5 million hedge fund that contains the following stocks. The required
    7·1 answer
  • Degree of Operating Leverage Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Unit variable c
    13·1 answer
  • Describe your personal definition of leadership.
    10·1 answer
  • Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a vetera
    7·1 answer
  • Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy
    15·1 answer
  • In the course of the communication process, which of the given steps logically follows after the listener receives the message s
    8·1 answer
  • What conclusion can be drawn about managers?
    11·1 answer
  • Fenway Electronics produces video games in three market categories: commercial, home, and miniature. Fenway has traditionally al
    8·1 answer
  • A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!