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Mademuasel [1]
3 years ago
12

Granfield Company is considering... Granfield Company is considering eliminating its backpack division, which reported an operat

ing loss for the recent year of $42,300. The division sales for the year were $965,700 and the variable costs were $478,000. The fixed costs of the division were $530,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be:____.
a. $269,200 increase.
b. $476,000 decrease.
c. $206,800 increase.
d. $269,200 decrease.
e. $476,000 increase.
Business
1 answer:
torisob [31]3 years ago
7 0

Answer:

$275,700 Decrease

Explanation:

Calculation to determine what The impact on Granfield's operating income for eliminating this business segment would be:

Using this formula

Impact on Operating income=Saving in Relevant fixed cost -Loss of Contribution Margin of backpack division

Let plug in the morning

Impact on Operating income=($530,000*40%)-($965,700-$478,000)

Impact on Operating income=$212,000-$487,700

Impact on Operating income=$275,700

Decrease in net Operating income

Therefore The impact on Granfield's operating income for eliminating this business segment would be:$275,700 Decrease

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dedylja [7]

Answer:

Borrowed amount of $2,500

Explanation:

The computation is shown below;

The Total available balance is

= Beginning balance + Receipts - Disbursements

= $12,000 + $30,000 - $34,500

= $7,500

As the cash should be maintained of $10,000

So,  

The amount to be borrowed is

= $10,000 - $7500

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3 0
2 years ago
Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60
Effectus [21]

Answer:

Net accounts receivable Before $18,600 and  After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off  

Accounts Receivable = $19,600  

and Allowance for doubtful debt = $1,000

so Net accounts receivable =  $19,600 - $1,000 =  $18,600

so

Journal Entry for write off is here    

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is    

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500  

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and  After $18,600

6 0
3 years ago
Carol is interested in field engineering. What tasks would she have to perform as a field engineer?
Over [174]

Answer:

Field engineer duties usually include inspecting and installing equipment and new technologies, directing crews or workers on site, conducting research, and reporting on project status. Field engineers will make sure that everything works smoothly and engineering designs are being followed.

hope my ans helps

please give brainliest to my answer

be sure to follow me

stay safe

have a good day

3 0
3 years ago
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

Explanation:

a. . Private saving

Private saving=Y+TR-C-T

= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

= $1 trillion

b. Public saving

Public Saving= T-G-TR

Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

Public saving= $2 trillion - $1 trillion

Public savings = $1 trillion

c. Goverment purchases

Since public savings = T - G - TR

$1t = $3t - G - $1t

G = $3t - $1t - $1t

G = $3 trillion - $2 trillion

G = $1 trillion

d. The goverment budget deficit or budget surplus.

There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
Marion Company reported net income of $170,000 for the current year. Depreciation recorded on buildings and equipment amounted t
podryga [215]

Answer and Explanation:

The preparation of the cash flow from the operating activities is presented below:

                                            Marion Company

                                        Cash flow statement

Cash flow from operating activities

Net income $170,000

Adjustment made

Add: Depreciation expenses $50,000

less: Increase in account receivable -$8,000 ($40,000 - $32,000)

Add: Decrease in inventory $8,000 ($50,000 - $58,000)

Less: Decrease in account payable -$7,000 ($11,000 - $18,000)

Add: Increase in salaries payable $4,000 ($10,000 - $6,000)

Net cash provided by operating activities $217,000

The cash inflow represents in a positive sign and the cash outflow represents in a negative sign

4 0
3 years ago
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