Prepare a properly formatted income statement

Assignment Help Corporate Finance
Reference no: EM1345583

Niesen Corporation has two major business segments-consumer and commercial. Data for the segment and for the company for August appear below:

Sales Revenues, consumer = $690,000
Sales Revenues, Commercial = $310,000
Variable Expenses, consumer = $290,000
Variable expenses, commercial = $164,000
Traceable fixed expenses, consumer = $104,000
Traceable fixed expenses, commercial = $ 50,000

In addition, common fixed expenses totaled $282,000 and were allocated as follows : $127,000 to the consumer business segment and $155,000 to the commercial business segment.

A) Prepare a properly formatted income statement

B) The contribution margin of the commercial business segment is : ?

C) A properly constructed segmented income statement in a contribution format would show that the segment margin of the consumer business segment is : ?

D) a properly constructed segmented income statement in a contribution format would show that the net operating incomeof the company as a whole is ; ?

 

Reference no: EM1345583

Questions Cloud

Major types of foreign exchange risks : What are the major types of foreign exchange risks? How are these risks hedged or mitigated? What benefits do firms gain from hedging activities?
Find materials price variance : The Litton Corporation has established Standards as follows:
Description of foreign exchange : Examine the impact of the foreign exchange and derivatives markets in General Motors and countries in which General Motors is considering expansion
Creating project organization in enterprise business : Organization structures generally used to create a project organization in an enterprise business environment.
Prepare a properly formatted income statement : Niesen Company has two major business segments-consumer and commercial. Information for the segment and for the corporation for August appear below:
Cfo of mid-sized company : Suppose the role of a CFO of a mid-sized company that exports to Europe. Your company received a contract to supply components to a German manufacturer.
Show the warned value management : Earned Value Management - Purpose a five minute presentation of the issue, the sides of the argument and your recommendation
Real estate finance : Discuss various types of derivatives contracts: Options, Futures and Forward Contracts. Discuss various types of government and central bank intervention to impact currency exchange rates.
Find lowest acceptable transfer price : The commando motorcycle corporation has decided to become decentralized and split its operations into 2 divisions. Motor and Assembly. Both divisions will be treated as investment centers.

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of 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!

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