Answer:
b) $132,100 decrease
Explanation:
The impact on operating income is presented below:
Sales for the year $1,050,000
Less: Variable cost -$860,000
Contribution margin $190,000
Less: fixed cost ($193,000 × 30%) -$57,900
Net operating income $132,100
We simply applied the above equation to find out the net operating income by considering the 30% of fixed cost elimination
So it would show the decrement of $132,100
Controls can be established to focus on actual performance results , on the activities that generate the performance , or on the inputs that go into the performance
Answer:
The correct answer is True.
Explanation:
This is because there are expenses such as taxes, rent, expenses, and payment for services that each person incurs throughout his or her life. In this way, we can deduce that at some point in your life, you will have to pay the same expenses that your family ever paid.
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Answer:
the amount of net cash provided or used by the financing activities is $440,400
Explanation:
The computation of the amount of net cash provided or used by the financing activities is shown below:
Proceeds from issuance of bonds payable $500,500
Less Dividends paid -$60,100
Net cash provided by financing activities $440,400
Hence, the amount of net cash provided or used by the financing activities is $440,400
The positive amount represent the cash inflow and the negative amount represent the cash outflow