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Vadim26 [7]
2 years ago
7

Sales $3,400,000 $2,100,000 Contribution margin $1,500,000 $900,000 Divisional segment margin $1,000,000 $300,000 Net operating

income last year for SegR-1882 Corporation was $550,000. In last year's income statement segmented by division, what were SegR-1882's total common fixed expenses
Business
1 answer:
kicyunya [14]2 years ago
4 0

Answer: $750,000

Explanation:

Based on the information given, in last year's income statement segmented by division, SegR-1882's total common fixed expenses will be calculated thus:

Note that Net operating income = Total segment margin - Common fxed expenses

Therefore, Common fixed expense = Net operating income - Total segment margin

Common fixed expenses:

= $1,300,000 - $550,000

= $750,000

Therefore, common fixed expenses is $750,000

Note that total segment margin = $1,000,000 + $300,000 = $1,300,000

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Answer:

The answer is C.

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Net loss can be thought of as a __________ to the Capital account.<br><br> Debit<br> Credit
xz_007 [3.2K]

Answer:

The answer is Credit.

Explanation:

Net loss can be thought of as a <u>Credit </u>to the Capital account.

6 0
2 years ago
On December 31, Strike Company sold one of its batting cages for $20,000. The equipment had an initial cost of $310,000 and had
KonstantinChe [14]

Answer:

d.loss of $30,000

Explanation:

The initial cost of the cage: $310,000.00

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8 0
3 years ago
Red Blossom Corporation transferred its 40 percent interest to Tea Company as part of a complete liquidation of the company. In
kogti [31]

Answer:

The amount of gain that Red Blossom recognize in the exchange is $322500 and its basis in the land it receives is $635000.

Explanation:

Red Blossom recognize the gain

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= $322500

Basis of Land = Fair market value  

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$322500 gain recognized and a basis in the land of $635000

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8 0
3 years ago
the stock market of country A has an expected return of 8 percent, and standard deviation of expected reutrn of 5 percent. The s
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With stocks of 8% for A and 16% for B, The global minimum variance is given as 10.5 percent

<h3>How to solve for the variance</h3>

The expected return of the stock for the country a is given as 0.05

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Expected Return of the portfolio can be calculated as

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Expected Return of the portfolio = (0.5x 0.05 ) +(0.5*0.16)

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Read more on variance here:  brainly.com/question/10687815

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2 years ago
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