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Hatshy [7]
3 years ago
14

SegR-6268 Corporation has two divisions, East and West. The following information was taken from last year's income statement se

gmented by division:
East Division West Division
Sales $3,400,000 $2,100,000
Contribution margin $1,500,000 $900,000
Divisional segment margin $1,000,000 $300,000

Net operating income last year for SegR-1882 Corporation was $550,000. In last year's income statement segmented by division, what were SegR-6268's total common fixed expenses?
Business
1 answer:
RideAnS [48]3 years ago
5 0

Answer: $750,000

Explanation:

Total Fixed expenses is the difference between the segment margin and the net income.

The common fixed cost would therefore be:

=Combined segment margin - Net income for the corporation

= (1,000,000 + 300,000) - 550,000

= 1,300,000 - 550,000

= $750,000

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Mike Klein lives in a state with an income tax rate of
ira [324]
The answer is 15.989 (15.99 rounded up).

456.85*3.5=1598.975

1598.975/100=15.98975
6 0
1 year ago
What are stocks? Loans people make to a government and expect to be repaid A pool of money from investors that is invested in ma
ozzi

Answer:

The correct answer to the following question is the last option - the shares of ownership in a company that may pay dividends .

Explanation:

Stocks which are also popularly know as shares or equity, can be defined as one of the types of securities which signifies the proportion of ownership in the issuing company . If a person ( who is know as the shareholder or stockholder ) holds a company's shares , then that person is entitled to the proportion of company's assets and earnings ( the proportion would depend upon the number of shares he or she is holding ) . If a company earns profit, then that shareholder would receive some portion of that earning in form of dividends .

4 0
4 years ago
In January the price of dark chocolate candy bars was $2.00, and Aji’s Chocolate Factory produced 80 pounds. In February the p
Natalija [7]

Answer:

a. Calculate the price elasticity of supply for Aji's Chocolate Factory in February

  • 1.5 elastic

b. Calculate the price elasticity of supply for Aji's Chocolate Factory in March

  • 1.36 elastic

c. If Aji's Factory is nearly at full capacity of production in March, what will happen to Aji's Factory price elasticity of supply in April?

  • If the company is producing at full capacity, then its price elasticity of supply will be perfectly inelastic even if the price increases. This is because any increase in price will not affect the quantity supplied because the company cannot increase it even if they wanted to.

Explanation:

price elasticity of supply = % change in quantity supplied / % change in price

It measures the proportional change in the quantity supplied that producers will make given a 1% change in the price of their product.

PES February = [(110 - 80)/80] / [(2.5 - 2)/2] = 0.375 / 0.25 = 1.5

PES March = [(140 - 110)/110] / [(3 - 2.5)/2.5] = 0.273 / 0.2 = 1.36

4 0
3 years ago
Once a week, Smith purchases a six-pack of cola and puts it in his refrigerator for his two children. He invariably discovers th
MArishka [77]

Answer:

Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.

Explanation:

Cost-benefit analysis is defined as a method to estimate all the costs involved and possible profits that can be achieved in a business opportunity.

Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.

So, at Smith's house, there's always a chance that one of the siblings will drink the cola before the other.

Therefore,

cola can lasts much longer at Jones's house than at Smith's.

4 0
3 years ago
First deposit will be made one year from today, and the last deposit will be made on the day she retires. Her first withdrawal w
Kryger [21]

Answer:

The amount to be deposited each year till retirement = $2,287.31.

Amount needed on the retirement date = $2,343,311.99.

Explanation:

Amount needed on the retirement date in order to support the withdrawals post retirement is $2,343,311.99.

calculated using the PV function of Excel as follows: See the first attached file

The amount to be deposited each year till retirement is $2,287.31.

calculated using PMT function of Excel as follows: See attache file 2

6 0
3 years ago
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