User Account

All Pages

Company net income

Assignment Help Accounting Basics
Reference no: EM13974056

A company has three product lines, one of which reflects the following results:

Sales                                                           $215,000

Variable expenses                                       125,000

Contribution margin                                        90,000

Fixed expenses                                           140,000

Net loss                                                      $ (50,000)

If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will

  • increase by 50,000
  • increase by 6,000
  • decrease by 6,000
  • decrease by 90,000

Reference no: EM13974056

Questions Cloud

What conclusion can you draw when comparing : (4 points). What conclusion can you draw when comparing the total landed or delivered cost to the original purchase cost?
In what ways might have both cyanobacteria : In what ways might have both cyanobacteria and early eukaryotes benefitted from the process of endosymbiosis?
How should the government and producers balance safety : How should the government and producers balance safety  i.e. carefully assessing the vaccine so that few unintended consequences occur versus speed of getting the vaccine to patients?
Describe anova approach for testing difference in sample : Perform a test of hypothesis to determine whether the variances of two populations are equal and describe the ANOVA approach for testing difference in sample means.
Company net income : If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will
Write procedure sort that swaps its three inputs : Write a procedure sort3(int& a, int& b, int& c) that swaps its three inputs to arrange them in sorted order. Without actually compiling and running a program, determine the results of the given function calls.
What books are associated with each publisher : Which authors are the biggest sellers of books in our stores? This is important because the publisher offers discounts for certain authors each month.
How did the perspective you chose view sexuality : In this module, we discussed the various influences on our views of sexuality, including religion, cultural traditions, and historical context. Briefly summarize the article. How did the perspective you chose view sexuality
Preparing a cash budget for the months : Preparing a cash budget for the months of March, April and May

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd