Decision to eliminate an unprofitable segment

Assignment Help Financial Accounting
Reference no: EM13795317

Which of the following is irrelevant to the decision to eliminate an unprofitable segment?

a. Common fixed costs.

b. Direct fixed costs.

c. Segment revenue.

d. The segment margin.

Reference no: EM13795317

Questions Cloud

Determine waggoners maximum depreciation deduction : Waggoner would like to take the maximum depreciation deduction possible. Determine Waggoner’s maximum depreciation deduction for 2015.
Common stock increased-retained earnings decreased : Ivan's, Inc. paid $468 in dividends and $579 in interest this past year. Common stock increased by $189 and retained earnings decreased by $115. What is the net income for the year?
Par value cumulative preferred stock outstanding : At December 31, 2015 and 2014, Miley Corp. had 180,000 shares of common stock and 10,000 shares of 6%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2015 or 2014. Net inco..
Shares of common stock issued and outstanding : Didde Co. had 300,000 shares of common stock issued and outstanding at December 31, 2014. No common stock was issued during 2015. On January 1, 2015, Didde issued 200,000 shares of nonconvertible preferred stock. During 2015, Didde declared and paid ..
Decision to eliminate an unprofitable segment : Which of the following is irrelevant to the decision to eliminate an unprofitable segment?
An adjustment to record the investment at fair value : Fickle Financial buys and sells securities, expecting to earn profits on short-term differences in price. On December 28, Fickle purchased Microsoft common shares for $485,000. On December 31, the shares had a fair value of $483,000. Record the initi..
Sale of the investment in western wear clothing : On September 1, Leather Supplies, Inc., purchases 150 shares of Western Wear Clothing for $13 per share. On November 1, Leather Supplies sells the investment for $17 per share. Record the transactions made by Leather Suppliers for the purchase and sa..
University level will help combat unethical decision : Do you think ethical training at the university level will help combat unethical decision making in corporate America? Why? Are there any other professions you think should be  held to a higher standard that are not currently held to that standard
What is the current break-even point in sales dollars : Sweet Grove Citrus Company buys a variety of citrus fruit from growers and then processes the fruit into a product line of fresh fruit, juices, and fruit flavourings. The most recent year's sales revenue was $4,200,000. What is the current break-even..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Describes the earned income credit

Which of the following correctly describes the earned income credit?

  Prepare journal entries to record liquidation transactions

Prepare journal entries to record these liquidation transactions - When the liquidation commenced, expenses of $20,000 were anticipated as being necessary to dispose of all property. Prepare a predistribution plan for the partnership.

  Calculate the cost to be allocated to type 1 and type 2

Calculate the cost to be allocated to Type 1 and Type 2 lumber, respectively, if the value basis is used. Don't round your intermediate calculations

  Overhead job costing system for determining patient costs

Cook County Hospital uses an indirect overhead job costing system for determining patient costs. In June the critical care facility and the special care facility had allocation bases of 5000 nursing days and 4000 nursing days. respectively. The budge..

  Provide the necessary journal entry

Des Peres Company issues 450 shares of common stock (par value $0.01) for $32 per share on June 30, 2009 - Provide the necessary journal entry to record this transaction.

  How would you advise tina to structure the transaction

how would you advise Tina to structure the transaction in the event economic conditions continue to decline and the corporation may have to file for bankruptcy? Support your position with primary tax authority. Ensure to provide your reference in ..

  Which inventory costing method assigns

Which inventory costing method assigns the cost of the most recent items purchased to the ending inventory balance?

  Effect of each transaction on the accounting equation

Indicate the effect of each transaction on the accounting equation by listing the numbers identifying the transactions

  Evaluate the activity-based costing rates

The shift in the amount of manufacturing overhead costs applied to the mix of products produced that occurs when using a single cost driver rate as compared to using activity-based costing rates

  Prepare the journal entry for purchase

Prepare the journal entry for purchase assuming that the fair market value of the machine is $60,000.

  Describe the influence that the law has on pricing decisions

Describe the influence that the law has on pricing decisions and how would you respond to the R&D manager's statement about Discounted Cash Flow methods? Do you agree or disagree? Explain.

  In the table to the below calculate the equipments

apply the concepts calculate and determine the entry for straight-line depreciationthe equipment purchased by galaxy

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!

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