Answer:
The statement is: True.
Explanation:
Fruit thinning is the process by which farmers remove some of the fruits growing on a tree so that the remaining can grow bigger and better. This practice is usually performed during the spring and it is useful to prevent limbs to break due to excessive weight.
The answer is true. The FDIC is supported by the US government and was created by it the n the stock market crashed in the 1930s.
Answer:
Income statement for Shannon Company that uses the contribution format and is segmented by divisions is attached with this answer please find it.
Explanation:
Contribution margin income statement is determines the contribution margin and Net income. Contribution margin is calculated after deducting variable costs from the revenue and the net income after deducting fixed expense from the contribution margin.
Overall
Sales Value is the sum of the sales of both North and South Segment.
Sales = $960,000
Contribution margin ratio = 34%
Net operating income = $19,200
North Divisions
Contribution margin $121,600
Contribution margin ratio 38%
As we know:
Contribution Margin ratio = Contribution margin / Sales
38% = $121,600 / Sales
Sales = $121,600 / 38% = $320,000
South Division
Margin $140,800.
Common fixed cost of $211,200 is deducted to calculate the net income.
Answer:
The correct option is 4.
Explanation:
It is given that Lawson has 3,000 shares of stock outstanding at a price of $28 a share.
The value of Lawson's shares is
Aardvark has 1,100 shares outstanding with a market value of $23 a share.
The value of Aardvark's shares is
The incremental value of the acquisition is $1,400.
The total value of Lawson Products after the merger is
The total value of Lawson Products after the merger is $110700. Therefore the correct option is 4.
