Answer:
Difference= $1,000 increase
Explanation:
Giving the following information:
Selling price per unit: $30
Variable expenses per unit: $21
New selling price= 30 - 2= $28
New units sales= 13,000
<u>First, we need to calculate the current contribution margin:</u>
Total contribution margin= units sold*unitary contribution margin
Total contribution margin= 10,000*(30 - 21)
Total contribution margin= $90,000
<u>Now, the new contribution margin:</u>
Total contribution margin= 13,000*(28 - 21)
Total contribution margin= $91,000
The correct answer is a/true because I go to the bank
Answer:
Check the explanation
Explanation:
Liquidating distributions in the problem are made in accordance to the preferred stock Since the activities may not meet the Section 332 requirements, the Section 332 rules will not apply to the case cited in the problem This means, Parent has to recognize a capital loss of 8.50,000 on the distribution The capital loss can only be used to offset capital gains.
Under the Section 165(03) rules for affiliated corporation's worthlessness securities, Parent can recognize an ordinary loss of 8.500,000 on the common stock The ordinary loss can be sued to offset ordinary income.
Answer: B
Explanation: Expressed warranty may be written into contact or verbalize.
