If an unprofitable segment is eliminated

Assignment Help Financial Accounting
Reference no: EM13823255

If an unprofitable segment is eliminated

A) it is impossible for net income to decrease.

B) fixed expenses allocated to the eliminated segment will be eliminated.

C) variable expenses of the eliminated segment will be eliminated.

D) it is impossible for net income to increase.

Reference no: EM13823255

Questions Cloud

Piece of laboratory equipment : Create a budget to aid in determining the need for a piece of laboratory equipment. What are the considerations in terms of costs, value, and productivity, and how are they calculated for the piece of equipment in question?
What is the man most likely diagnosis : A 55-year-old man has made an appointment to see his nurse practitioner because he has been awakening three to four times nightly to void and often has a sudden need to void with little warning during the day. What is the man's most likely diagnos..
Information would a one-way manova : Considering the variables and design that you described in the first discussion question 3, above what information would a one-way MANOVA provide you? What more would you want to know if you get significant results in the MANOVA? Why would this be..
If an unprofitable segment is eliminated : If an unprofitable segment is eliminated
Discuss the judicial selection process of your state : Discuss the judicial selection process of your state. Include, at a minimum, the qualifications and steps that are taken in order to select judges for the different kinds of courts within your specific state.
Complete with respect to conversion costs : David Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in its beginning work in process inventory that were 75% complete with resp..
Determine each country''s legal traditions : Compare and contrast the two countries for their definition of the crime, crime rate, and tools used to measure the crime. Determine each country's legal traditions and their major influences on crime definition, rate, and measurement. Examine the ex..
The angle of elevation to the helicopter is 73 degrees : A coast guard helicopter hovers between an island and a damaged sailboat. How would you calculate the direct distance between the helicopter and the sailboat?From the island, the angle of elevation to the helicopter is 73 degrees.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Egger manufacturing company is a small bookbinder using

egger manufacturing company is a small bookbinder using machine-hours mh as the single indirect-cost rate to allocate

  What happens to cardinal e&p and general business credit

What basis will Wren have in the marketable securities and unimproved land it receives in the liquidation? What happens to Cardinal’s E&P and general business credit carryover?

  Provides principles for allocating the fair value

Business Combinations, provides principles for allocating the fair value of a acquired business. When the collective fair values of the separately identified assets acquired and liabilities assumed exceed the fair value of the consideration transf..

  Same basic equation as the production budget

True of False. The Direct Materials uses the same basic equation as the production budget (i.e needs for this period + Desired for next period - beginning inventory = Amount to make or buy.

  Draw an entry to record exercise of the bargain purchase

The machinery has an expected life of 10 years. Lu Limited has an incremental borrowing rate of 10%. Lu has been told that the interest rate implicit in Lease 1 is 8%. D raw an entry to record exercise of the bargain purchase option.

  Evaluate the basic earnings per share

Evaluate the basic earnings per share - Determine basic EPS, Ringemup, Inc. had net income of $473,400 for its fiscal year ended October 31, 2009

  Illustrate what are tax consequences to both lotta and meg

Illustrate what are the tax consequences to both Lotta and Meg(show the 4 portions of the deemed transaction along with the imputed amounts) for 2011?

  Evaluate the cost of attending the baseball game

Evaluate the cost of attending the baseball game with the cost of attending the symphony. Focus on relevant costs. Calculate the difference in cost, and show which alternative is more costly to the Petrocelis.

  High and low points of ore extraction activity

Corporation extracts ore for eight different companies in Colorado. The firm anticipates variable costs of $65 per ton along with annual fixed overhead of $840,000, which is incurred evenly throughout the year. These costs exclude the following semiv..

  Determine the amount of gross profit

Determine the amount of gross profit to be recognized in each of the three years. Prepare all required journal entries for each of the years (credit "Various accounts" for construction costs incurred). Purpose a partial balance sheet for 2009 a..

  Briefly discuss accounting and securities market differences

Briefly discuss accounting and securities market differences between these two methods of increasing the number of shares outstanding.

  Explain what the flowing statement by handel 1982 p 36

explain what the flowing statement by handel 1982 p. 36 means and provide an argument to either support or oppose the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd