Business, 03.12.2021 20:30, ari9425

DM Corporation has provided you with the following budgeted income statement for one of its products: Sales revenue $700,000 Variable costs (430,000) Contribution margin $270,000 Fixed costs (320,000) Operating loss $(50,000) DM has just encountered environmental problems with the product and will be forced to drop the product line altogether. DM will be able to eliminate 70% of the fixed costs. What will be the impact on operating income of the company

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:00, milak23

Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection

Answers: 1

continue

Business, 22.06.2019 07:30, kennaklein2

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Answers: 1

continue

Business, 22.06.2019 12:30, dtrdtrdtrdtrdrt1325

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

continue

Business, 22.06.2019 16:00, anonymous1813

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Answers: 3

continue

Do you know the correct answer?

DM Corporation has provided you with the following budgeted income statement for one of its products...