Business
Business, 16.11.2019 01:31, itsdeevv

What effect would a tax increase have on income

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Business, 24.10.2019 00:50, Jojoahmed99
Faros hats, inc. has two product lines-batting helmets and football helmets. the income statement data for the most recent year is as follows: what is the effect of dropping football helmets line on the operating income of the company? (assume that fixed costs remain unchanged and that there would be no adverse effect on other sales.) operating income will increase by $40,000. operating income will increase by $90,000. operating income will decrease by $70,000. operating income will decrease by $350,000.
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Business, 08.11.2019 00:31, julesR1987
On october 12 of the current year, a company determined that a customer's account receivable was uncollectible and that the account should be written off. assuming the allowance method is used to account for bad debts, what effect will this write-off have on the company's net income and total assets? a) decrease in net income; no effect on total assets.b) no effect on net income; no effect on total assets.c) decrease in net income; decrease in total assets.d) increase in net income; no effect on total assets.e) no effect on net income; decrease in total assets.
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Business, 12.11.2019 00:31, china2221
Hobby cat toy company has estimated the following amounts for its next fiscal year: if the company spends an additional $34,000 on advertising, sales volume would increase by 2,900 units. what effect will this decision have on the operating income? total fixed expenses $833,500 sales price per unit 40 variable expenses per unit 25 a) operating income will decrease by $72,500 (b) operaing income will increase by 9,500 (c) operating income will increase by 116,000 (d) operating income will increase by $43,500
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