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Yakvenalex [24]
3 years ago
7

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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Group of answer choices.

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D. Canadian investors with money investments in Germany.

Answer:

B. American tourists traveling in France.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.

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In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.

However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.

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3 years ago
Privately owned businesses are common in which type of economy?
Mariana [72]
Privately owned businesses are commonly found in capitalist economies.
4 0
3 years ago
Read 2 more answers
Assume the union freeman works with pays newer employees less than ones who have been with the organization for a longer time. w
Monica [59]

Assume the union freeman works with pays newer employees less than ones who have been with the organization for a longer time. The basis for this is: two tier contract.

<h3>What is two tier contract?</h3>

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Hence, if  newer employees earn lesser  than those who have been with the organization for a longer time. The basis for this is called  two tier contract.

Learn more about Two tier contract here:brainly.com/question/984979

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4 0
2 years ago
If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate
kodGreya [7K]
The fraction of the employed workers who lose their jobs each month or the rate of the job separation must be 0.07

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3 years ago
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aleksley [76]

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