1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DochEvi [55]
2 years ago
6

Wallen Corporation is considering eliminating a department that has an annual contribution margin of $80,000 and $160,000 in ann

ual fixed costs. Of the fixed costs, $50,000 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be: a. $10,000 b. ($10,000)c. $30,000 d. ($30,000) e. None of the above. The answer is:_________.
Business
1 answer:
Leya [2.2K]2 years ago
3 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Annual contribution margin of $80,000 and $160,000 in annual fixed

costs.

Of the fixed costs, $50,000 cannot be avoided.

<u>To calculate the financial impact on income, we need to use the following formula:</u>

Effect on income= avoidable fixed costs - contribution margin

Effect on income= 50,000 - 80,000

Effect on income= -$30,000

You might be interested in
Tammy's take-home pay is $800 a month. 7% of her take-home pay is spent on her cell phone bill. how much is tammy's monthly cell
ioda
Pretty sure its $56. Hope that helps
3 0
3 years ago
Read 2 more answers
Journal Entries and Trial Balance
brilliants [131]

Answer:

Heavenly Realty Journal entries can be found in the attached file

Explanation:

Dr Bank with $25,000

Cr. Capital Stock with $25,000

(being Faith Schultz transferred cash in exchange for Capital stock)

Dr. Rental of Office & equipment with $4,510

Cr. Bank with $4,510

(Being Rental costs for Office and Equipment)

Dr. Supplies with $1,330

Cr. Accounts Payable with $1,330

(Being cost of purchased supplies)

Dr. Supplies Expense with $740

Cr. Supplies with $740

(Being cost of supplies used)

Dr Accounts Payable with $490

Cr. Bank with $490

(being payment to Creditors)

Dr. Cash with $20,500

Cr. Sales commission with $20,500

(Being Sales Commission received)

Dr. Automobile Expense with $1,250

Dr. Miscellaneous Expense with $840

Cr. Bank with $2,090

(being  payment for automobile expense, rental charges & Miscellaneous expense)

Dr Office Salaries with $2,620

Cr. Bank with $2,620

(Being Payment for Office Salaries)

Dr Dividend with $1,210

Cr Bank with $1,210

(Being payment of Dividend)

6 0
3 years ago
If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns
Sindrei [870]

The premium would be 5%

If a portfolio had a return of 11 the risk-free asset return was 6, and the standard deviation of the portfolios excess returns was 25 the premium would be 5%

Portfolio return = 11%

Risk free rate = 6%

Risk premium = Portfolio return - Risk free rate

                         = 11% - 6% =5%

So, the premium would be 5%

Premium is an amount paid periodically to the insurer by means of the insured for overlaying his chance.

Learn more about premium here- https://economictimes.indiatimes.com/definition/premium

#SPJ4

4 0
1 year ago
Which type of reputation is affected by material a person posts to an online discussion forum that is accessed only by people in
liraira [26]

Answer:

professional and private

Explanation:

Reputation can be regarded as an opinion or believe about something, individual or organization, it is the judgement or the information known by people about an individual or organization. When this reputation is been accessible by a specific kind of people i.e not by the general public, it is reffered to as professional and private reputation.

It should be noted that professional and private reputation is affected by material a person posts to an online discussion forum that is accessed only by people in his or her company.

7 0
3 years ago
g Which of the following is true about T accounts? a.The left side of a T account is called the credit side. b.The right side of
svp [43]

Answer:

cl i think the answer is A

6 0
3 years ago
Other questions:
  • Kathy, a fashion model, witnessed a motor vehicle accident but did not stop because she was late for her pedicure and simply did
    9·1 answer
  • Which is an example of a high-risk investment?
    15·2 answers
  • Concord Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transac
    9·1 answer
  • Clementine Company makes skateboards. They prepare master and flexible budgets and then perform variance analysis after the budg
    13·1 answer
  • Atlantic Manufacturing Company uses process costing. All materials are added at the beginning of the process. The normal spoilag
    8·1 answer
  • Finley Company
    14·1 answer
  • What is a sales forecast?
    5·1 answer
  • In 2010,Chesley Inc. acquired Corrigan Ltd. in a hostile takeover. However, the expected synergies never materialized. In 2013,
    12·1 answer
  • The globalization of markets has led to:_______.
    11·1 answer
  • Thomas co. sold $1,000 worth of merchandise on a bank credit card less a 3ee. the entry to record the sales transaction would in
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!