Micro Corp produces and sells a number of products each month including 20,000 units of Product X. Information related to the monthly sales of Product X is provided below: Sales $450,000 Variable expenses 380,000 Fixed expenses (traceable to Product X) 80,000 Common fixed expenses (allocated to Product X) 20,000 Net operating income (loss) ($ 30,000) Assume all traceable fixed expenses could be avoided if Product X is discontinued, while none of the common fixed expenses are avoidable. The monthly financial advantage (disadvantage) of eliminating the division should be: a. $ 10,000 b. $ 20,000 c. $ 30,000 d. $100,000
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Business, 21.06.2019 20:40, brai9206
Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t
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Business, 22.06.2019 12:20, laskew37221
Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
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Business, 22.06.2019 14:30, ayoismeisjjjjuan
Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.
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Business, 22.06.2019 20:00, Hockeypro1127
An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production
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Micro Corp produces and sells a number of products each month including 20,000 units of Product X. I...
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