Answer:
Vera Incorporated
Change in annual operating income from discontinued business:
Annual Operating Income would reduce by $78,000.
Explanation:
a) Calculation of the Net Income Lost:
Loss of Contribution ($99,000)
Avoidable fixed cost $21,000
Reduction of Income ($78,000)
b) The line of purses contributes $80,000 towards the company's fixed cost. Therefore, discontinuing this line of business would lead to the loss of this steam of income. The amount of reduced operating income will be $78,000 ($80,000 - 2,000).
Answer:
d) The bank does not need to pay because of the fictitious payee rule.
Explanation:
Here, the instrument is issued to a payee who has no interest in instrument and thus it is referred as fictitious payee. According to UCC's fictitious payee rule, the indorsement to fictitious payee is not considered forgery. In this case, the maker or drawer of instrument is liable for it. The drawer bank and collecting bank both are not liable for it.
comparative study identifies the area where a producer’s absolute advantage is relatively greatest, or where the producer’s absolute disadvantage in productivity is relatively least. Group of answer choices relative advantage opportunity cost productivity advantage comparative advantage
<h3>What is
comparative study ?</h3>
Comparative research is a social science research methodology that aims to make comparisons across different countries or cultures. A significant issue in comparative research is that data sets from different countries may define or use different categories.
Comparative research seeks to identify similarities and differences among social entities. Comparative research attempts to contrast and compare nations, cultures, societies, and institutions.
Comparative research can help inform projects early on by providing fodder and direction for initial design concepts, as well as during design iterations when refining content, interaction, and overall architectural patterns.
To know more about comparative study follow the link:
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