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3 years ago

If a cost is a common cost of the segments on a segmented income statement, the cost should:_________.

Business

1 answer:

worty [1.4K]3 years ago

8 0

Answer:

the correct answer is

If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

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Abby received requests from three families to babysit a toddler for four hours on Friday night. She can only babysit for one of

Sidana [21]

Answer:

The correct answer to the following question is $30 .

Explanation:

Opportunity cost can be described as the benefits that a person ( who can be an investor or individual or even a company ) is missing out on , if he or she chooses one alternative over the other. This cost is not shown in financial statements but it is important for a owner or manager to understand what potential opportunity he or she is missing out on if chooses one over the other.

In the given question Abby chooses to work for Lewis who are giving her $40 to watch their toddler, so here the next best alternative that she is missing on is $30 that Gilbert's would have given her.

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3 years ago

The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variab

Solnce55 [7]

Answer:

Month. Machine Hours. Total costs

January. 1,800 $21,500

February. 2,900 $23,200

March. 1,000. $19,750

April. 2,400. $21,000

May. 3,400. $23,900

High-Low method = 23, 900 + 21,000

= 44,900

5 0

3 years ago

Seattle Health Plans currently uses zero-debt financing. Its operating profit is $6 million, and it pays taxes at a 23 percent r

ahrayia [7]

Answer: ROE increases by 56.5% to 102.7%

Explanation:

ROE before capital structure change:

= Net income / Equity

= (Operating income * ( 1 - tax)) / Equity

= (6,000,000 * (1 - 23%)) / 10,000,000

= 46.2%

With new capital structure:

Debt financing = 59% * 10,000,000

= $5,900,000

Interest = 9% * 5,900,000

= $531,000

Net income = (Operating profit - interest) * ( 1 - tax)

= (6,000,000 - 531,000) * ( 1 - 23%)

= $‭4,211,130‬

Return on Equity = ‭4,211,130‬ / ( 10,000,000 - 5,900,000)

= 102.7%

Difference:

= 102.7 - 46.2

= 56.5%

4 0

2 years ago

List three reasons that people should pay their taxes.

adelina 88 [10]

Improved Healthcare and Education

A significant chunk of the collected taxes is spent on improving healthcare in the country. There are government hospitals that offer medical services without any cost or at minimum cost. Over the years, the quality of service provided by government hospitals has improved by leaps and bounds, and it has only happened because of taxpayers paying tax.

Helps Build the Nation

The cost of running an entire country, especially one that is as large and populated as ours, is humongous. It is through the taxes we pay that the government can perform civil operations. In other words, without taxes, it would be impossible for the government to run the country.

Avoid Tax Back

When being confronted with back taxes we owe the government, we often think of ways to cut back on it. Well, most tax laws understand the hardships of every taxpayer. Though, tax services are available for those who are delinquent in paying their taxes, which is a helpful opportunity to people who don’t have available money or funds.

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3 years ago

Read 2 more answers

When Brandon decided he needed a new car, he immediately called his old college roommate who owns a BMW dealership to ask questi

borishaifa [10]

Answer:

The correct answer is letter "D": an external source.

Explanation:

External resources are considered all those sources from where a researcher can gather information outside his or her own scope. External resources can be useful to compare data from different points of view so after contrasting them, the researcher can have an individual opinion of the subject being studied.

8 0

3 years ago