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sukhopar [10]
3 years ago
12

Division A reported income from operations of $975,000 and total service department charges of $675,000. As a result, a.consolid

ated net income was $300,000 b.net income was $300,000 c.income from operations before service department charges was $1,650,000 d.the gross profit margin was $300,000
Business
1 answer:
enyata [817]3 years ago
3 0

Answer:

Option C. Income from operations before service department charges was $1,650,000

Explanation:

Income from operation and the service department charges are when aggregated then we have gross income which is the income before the all the costs incurred or simply the gross amount that the company received on the sales.

Mathematically,

Gross Income or Income Before deductions = Income After Deductions + Service Department Charges

Here

Income after deductions is $975,000

And

Service department charges are $675,000

By putting values in the equation, we have:

Gross Income or Income Before deductions = $975,000 + $675,000

= $1,650,000  

Hence the option C is correct.

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B) Product departmentalization

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As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.

The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.

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What happens to your tax liability with proper financial planning?
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Minimize is the correct answer for plato users

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A firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conc
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Explanation:

Branding is a way of making sure that your product is easily identifiable over other products.

When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

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3 years ago
An American worker is hired by a German consulting firm operating in New York. They pay him $50,000 in wages. The new worker's c
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Answer:

a. National income increases by $50,000 and factor payments to abroad increase by $20,000, so US GDP increases by $70,000

Explanation:

The German firm hired an American worker and paid him $50,000. That means that American national income will increase by $50,000.

Since the company is German, that would increase factor payments ot abroad by the difference = $70,000 - $50,000 = $20,000.

Total GDP increases by the amount of $50,000  + $20,000 = $70,000

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A customer buys 100 shares of ABC stock at $44 and sells 1 ABC Jan 45 Call at $5. Subsequently, the market price of ABC goes to
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loss = $1,000

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the customer will receive $5 (call price) + $44 (call price) = $49 for every share  that he/she owns.

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