Business, 22.03.2021 18:20, MacenParisi
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:Restin, Inc. Los Angeles DivisionBay Area DivisionCentral Valley Division Revenues$750,000$200,000$235,000$32 5,000 Variable operating expenses410,000110,000120,000180,00 0 Controllable fixed expenses210,00065,00075,00070,000 Uncontrollable fixed expenses60,00015,00020,00025,000 In addition, the company incurred common fixed costs of $18,000. Assume that the Los Angeles division increases its promotion expense, a controllable fixed cost, by $10,000. As a result, revenues increase by $50,000. If variable expenses are tied directly to revenues, the new Los Angeles segment profit margin is
Answers: 2
Business, 22.06.2019 20:10, alen919
Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.
Answers: 1
Business, 23.06.2019 00:50, alyssamiller401
Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one
Answers: 3
The following information was taken from the segmented income statement of Restin, Inc., and the com...
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