What would be the resultant overall company net income

Assignment Help Finance Basics
Reference no: EM131145460

The TipTop Company has two divisions--Eastern and Western. The divisions have the following revenues and expenses:

591_hh.jpg

The management of TipTop is considering the elimination of the Eastern Division. If the Eastern Division were eliminated, the direct fixed costs associated with this division could be avoided. However, corporate costs would still be $315,000 in total. If the Eastern Division is eliminated, what would be the resultant overall company net income(loss)?  

Reference no: EM131145460

Questions Cloud

Write a valid assignment statement : Thus, both processes are blocked forever, the producer waiting for the mutex to be unlocked and the consumer waiting for a signal from the producer. Is this a resource deadlock or a communication deadlock? Suggest methods for its control.
Which balance sheet account provides evidence : Which balance sheet account provides evidence that Tootsie Roll records sales on an accrual basis rather than a cash basis? Explain.
How quality customer service can impact organization culture : First, describe what it means to you to provide quality customer service for both internal customers and also external customers. Second, use your critical-thinking skills to explain how quality customer service can impact an organization's entire..
Indicate the account title for the other half of the entry : One-half of the adjusting entry is given below. Indicate the account title for the other half of the entry.
What would be the resultant overall company net income : However, corporate costs would still be $315,000 in total. If the Eastern Division is eliminated, what would be the resultant overall company net income(loss)?
Describe a leadership development program : Describe a leadership development program you feel would be effective to keep managers aligned with customer needs and responsive to their staff's needs
Explain the economic espionage act of 1996 : Explain the Economic Espionage Act of 1996. - What was the impetus for this law, and what penalties does it prescribe?
Compare south koreas characteristics with the us : Compare its characteristics to the characteristics of the United States. Operational considerations (Operations) in South Korea as it relates to international business potential.
If an item could result in more than one type of adjusting : For each of the following items before adjustment, indicate the type of adjusting entry-prepaid expense, unearned revenue, accrued revenue, and accrued expense- that is needed to correct the misstatement.

Reviews

Write a Review

Finance Basics Questions & Answers

  Question regarding the logic and rationale

Why are financial planners and managers only concerned with incremental cash flows? What is their logic and rationale?

  Xyz corporation is considering an expansion project

XYZ Corporation is considering an expansion project. To date they have spent $51,400 investigating the viability of the project and have decided to proceed. The CEO of XYZ spent $22,100 last year on his business trip to New York where he discussed ab..

  Assess the challenges of managers

Assess the challenges of managers providing accurate, timely, and effective feedback to employees. Recommend how managers can overcome any two of the challenges you identified.

  How much will your purchasing power increase

An invesment offers to pay you 12% over the next year. You expect inflation to be 2.5% over that same year. How much will your purchasing power increase if you make this investment?

  How much did you borrow

Your annual mortgage payment on your house is $50,000. It is a 30-year mortgage at 5.25% annually. How much did you borrow?

  The market value of a firm equity

Suppose the market value of a firm's equity is worth $100m and the market value of its debt is worth $50m. Also, assume equity beta and debt beta to be 1.2 and 0.3 respectively.

  What is the value of the index

The annual expected dividend on the S&P index was about 154.6. If the dividend is expected to grow at a steady rate of 8% a year and the required annual rate of return is 10%, what is the value of the index? a. 1193 b 1700 c 7730 d none of these

  Should firms require higher rates of return

Should firms require higher rates of return on foreign projects than on identical projects located at home? Explain.

  What would be the book value of the current assets

The inventory has a book value of $53,300 and an estimated market value of $71,200. If the store compiled a balance sheet as of today, what would be the book value of the current assets?

  Estimate the base case cost of each alternative regarding

1. estimate the base case cost of each alternative regarding the provision of ultrasound services. for now ignore the

  Find total reserves minus vault cash

Total Reserves minus vault cash equals- bank deposits with the Fed. excess reserves. currency in circulation.  required reserves

  How much money are you borrowing

In keeping with his reputation, he requires that the first payment be paid today. He also charges you 2 percent interest per month. How much money are you borrowing?

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