User Account

All Pages

The company reports the following expenses for this division

Assignment Help Corporate Finance
Reference no: EM13906055

A guitar manufacturer is considering eliminating its electric guitar division because its $ 76,000 expenses are higher than its $ 72,000 sales. The company reports the following expenses for this division. 

1101_267-B-C-F-C-B (1478).png

Should the division beeliminated?

Reference no: EM13906055

Questions Cloud

Foreign country wholesale distributors : Foreign country wholesale distributors
Issuance of the instalment note payable : On January 1, 2015, Tropical Paradise borrows $50,000 by agreeing to a 6%, six-year note with the bank. The funds will be used to purchase a new BMW convertible for use in promoting resort properties to potential customers. Record the issuance of the..
What charge to income was disclosed in the form 8-k : Do you agree with Floyd Christianson’s argument against filing a Form 8-K? What charge to income was disclosed in the Form 8-k prepared by Susan Lohmar?
The operating income expected if the company produces : A company's flexible budget for 16,800 units of production showed sales, $95,760; variable costs, $53,760; and fixed costs, $50,000. The operating income expected if the company produces and sells 77,200 units is:
The company reports the following expenses for this division : A guitar manufacturer is considering eliminating its electric guitar division because its $ 76,000 expenses are higher than its $ 72,000 sales.
Margin of safety percentage : Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $390,000 and the variable expenses are 45% of sales. Given this information, the actual profit is:
Truax corporation to have constructed a custom-made lathe : Amber Mining and Milling, Inc., contracted with Truax Corporation to have constructed a custom-made lathe. The machine was completed and ready for use on January 1, 2016. Prepare the journal entry on January 1, 2016, for Truax Corporation’s sale of t..
What was its cost of goods sold : Sands Company sold goods with a total selling price of $808,650 during the year. It purchased goods for $389,900 and had beginning inventory of $74,440. A count of its ending inventory determined that goods on hand was $56,990. What was its cost of g..
What amount of the partnerships loss : The partnership agreement for Smith, Wesson & Davis, a general partnership, provided that profits be shared between the partners in the ratio of their financial contributions to the partnership. Smith contributed $105,000, Wesson contributed $63,000 ..

Reviews

Write a Review

Corporate Finance Questions & Answers

  Determine the firms existing market value

Determine the firms existing market value capital structure. Disregard the minor amount of accounts payable. Also, lump notes payable in with long term debt. Round to the nearest whole percent.

  1 ember is considering an investment of 40 million in plant

1. ember is considering an investment of 40 million in plant and machinery. this is expected to produce free cash flows

  Determine the weighted mean of probability distribution

The potential investment has the given range of possible outcomes and probabilities: 10 percent probability of a -20 percent return, 40 percent probability of a 15 percent return, 40 percent probability of a 25 percent return, Determine the weighted ..

  Stock market project1 building portfolionbsp select five

stock market project1. building portfolionbsp select five companies for the purpose of tracking the stock market

  The late 1990s saw the rise of corporate valuations arising

the late 1990s saw the rise of corporate valuations arising from ownership of various forms of intellectual property

  What are the elements of financial position

What are the elements of financial position? Interrelate them and discuss their features and what are the elements of performance? Interrelate them and discuss their features.

  Evaluate the companys adoption of the new accounting policy

Prepare general journal entries to record the above transactions and the depreciation journal entries required at the end of each reporting period up to June 2014 and critically evaluate the companys adoption of the new accounting policy with respe..

  Firm a has 10000 in assets entirely financed with equity

firm a has 10000 in assets entirely financed with equity. firm b also has 10000 in assets but these assets are financed

  Compute the share price

Receiving per share for 2010 had been 22.8 pence, & Andrew Osborne expects this to rise to 25 pence per share for 2011.  Compute the share price.

  Computing the monthly interest rate

You are taking out a 100,000 mortgage loan to be repaid over 25 years in 300 monthly payments

  Firm’s status within its industry

Determine your firm’s position in its industry based on each of the statistics: below average, average, above average.  Develop an opinion of your firm’s status within its industry based on financial ratios.

  Describe economic and other business environmental factors

Describe the economic and other business environmental factors that are likely to impact the availability of short term financing.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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