The operations of Erin Corporation are divided into the Coral Division and the Cyan Division. Projections for the next year are as follows: Coral Cyan Division Division Total Sales $215,000 $126,000 $341,000 Variable costs 75,500 55,000 130,500 Contribution margin $139,500 $ 71,000 $210,500 Direct fixed costs 60,000 50,000 110,000 Segment margin $ 79,500 $ 21,000 $100,500 Allocated common costs 32,000 40,000 72,000 Operating income (loss) $ 47,500 $(19,000) $ 28,500 Operating income for Erin Corporation as a whole if the Cyan Division were dropped would be:

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.