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3 years ago

Diamond Company has three product lines, A, B, and C. The following financial information is available:

Business

1 answer:

const2013 [10]3 years ago

5 0

Answer:

e. Increase by $4,500.

Explanation:

<u>Analysis of the effect of discontinuing Product Line C</u>

Income :

Rent Income $6,000

Savings : Fixed Costs - Avoidable $3,000

Total Income $9,000

Costs :

Opportunity Cost - Contribution Margin $4,500

Total Costs $4,500

Net Income (Loss) $4,500

therefore,

By discontinuing Product Line C, operating income for the company will likely Increase by $4,500

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Rhonda, a general manager, makes a decision on behalf of the business that leads to some personal financial gains, while the com

noname [10]

Answer:

Conflict of interest .

Explanation:

The scenario depicts a conflict of interest. Rhonda's decision benefits Rhonda at the expense of the company. Rhonda does not fulfill the responsibility to ensure that the company stays profitable, which is a conflict of interest. A conflict of interest, one of the most common ethical issues identified by employees, exists when a person must choose whether to advance his or her own personal interests or those of others.

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3 years ago

Sew much fabrics buys fine linens, silks, and other fabrics from sellers in more than 30 countries to retail to local customers.

Viefleur [7K]

Sew much fabrics is an example of a company that imports.

<h3>What does import mean?</h3>

Import is when a good or service is brought into a country from a foreign country. An example of import is when a person living in the US buys silk from Italy.

Reasons for import

There may be more varieties in foreign countries.
The imported good could be of a better quality.

To learn more about imports, please check: brainly.com/question/26497713

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2 years ago

Lok Co. reports net sales of $4,970,000 for Year 2 and $8,532,000 for Year 3. End-of-year balances for total assets are Year 1,

Mumz [18]

Answer:Assets turnover ratio Year 2 =2.87 times

Assets turnover ratio for Year 3 = 4.58times

Explanation:

The total assets turnover is calculated as = Net Sales / Average total assets

also,

Average total assets = (Beginning assets + Ending Assets) / 2

Average total assets for Year 2 = ($1,684,000 +$1,780,000)/ 2 =$1,732,000

Average total assets for Year 3 = ($1,780,000 + $1,949,000 )/2 =$1,864,500

Assets turnover ratio Year 2 =$4,970,000 / $1,732,000 = 2.87 times

Assets turnover ratio for Year 3 = $8,532,000 / $1,864,500 = 4.58times

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3 years ago

Read 2 more answers

A stock is expected to maintain a constant dividend growth rate of 4.3 percent indefinitely. if the stock has a dividend yield o

Thepotemich [5.8K]

The required return on the stock is 9.9%.

Stock:

A stock, also known as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares" which entitles the owner to a proportion of the corporation's assets and profits equal to how much stock they own.
Stocks represent ownership in a publicly traded company. You take a stake in a firm when you purchase its shares. For example, if a company has 100,000 shares, and you buy 1,000 of them, you own 1% of the company.
Stocks are not actual assets; they are financial assets. Paper assets that are easily convertible to cash are referred to as financial assets. Real assets have inherent worth because they are tangible.
The required return on the stock=dividend yield + Growth rate
which is equal to' =(4.3+5.6)
=9.9%

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7 0

1 year ago

The Campus Collective company, which creates unique apps for colleges, has recently lost three large university clients that mad

kirill115 [55]

Answer:

Relative wage coordination argument

Explanation:

Relative wage coordination argument states that even though workers are willing to accept wage cuts due to economic hardships. Wide implementation of wage cuts is hard because workers believe that not everyone will experience wage cuts.

So they will will fight against implementation of wage cuts.

In this scenario Campus Collective company has recently lost three large university clients that made up 40% of its total revenue. This has hit the company hard and management finds it necessary to reduce staff or wages.

Although employees are aware of the hardship they still fight against management on wage cuts because employees are also not sure if other people working their same jobs in the economy are getting reduced wages.

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3 years ago