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A condensed income statement by product line for British Beverage Inc., indicated the following for Royal Cola for the pst year:
Sales 254,000Cost of Goods Sold 122,000Gross profit 132,000Operating expenses 156,000Loss from Operations -24,000
It is estimates that 16% of the cost of goods sold represents fixed factory overhead costs and that 20% of the operating expenses are fixed. Since Royal Cola is only one of many products, the fixed costs will not be materially afected if the product is discontinued.
a. Prepare a differntial analysis report, dated March 3, 2010, for the proposed discontinuance of Royal Cola.
b. Should ROyal COla be retained? Explain.
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Donald Corporation owns machinery with a book value of $670,000. It is estimated that the machinery will generate future cash flows of $560,000.
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You have two investment opportunities. One will have a 10% rate of return on an investment of $500; the other will have an 11% rate of return on a principal of $700.
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