User Account

All Pages

What the impact on Carns income

Assignment Help Accounting Basics
Reference no: EM133094384

Question - Carns Company is considering eliminating its Small Tools Division, which reported a loss for the prior year of $85,000 as shown below.

Segment Income (Loss)

Sales $1,310,000

Variable costs 1,175,000

Contribution margin 135,000

Fixed costs 220,000

Income (loss) $(85,000)

If the Small Tools Division is dropped, all of its variable costs are avoidable, and $99,000 of its fixed costs are avoidable. What the impact on Carns's income from eliminating the Small Tools Division?

Reference no: EM133094384

Questions Cloud

Define the Clean Water Act and Safe Drinking Water Act : Provide an example of water use and describe some examples of domestic water conservation. Define the Clean Water Act and Safe Drinking Water Act
Calculate the contribution margin per unit : Assume that Vaughn is currently operating at full capacity. Calculate the contribution margin per unit and per machine hour
Contrast qualitative and quantitative research : Compare and contrast qualitative and quantitative research. Describe which research approach would best fit your research interests.
Incorporate bloom taxonomy : Incorporate Bloom's taxonomy and Gardner's multiple intelligences theory.
What the impact on Carns income : If the Small Tools Division is dropped, all of its variable costs are avoidable, What the impact on Carns's income from eliminating the Small Tools Division
Construct informational trifold brochure : You are to construct an informational tri-fold brochure that either explains a program, an event or gives general information about an organization
Calculate the market value in dollars of the foreign bond : The amount of funds raised at the time was £4m when the prevailing spot rate was $1.80 per £. Calculate the market value in dollars of the foreign bond
Describe the role of ex-dividend date in the payment : Describe the role of ex-dividend date in the payment of cash dividend. How are American options different from the European options
Whole-child development approach : Do you believe that these standards support a whole-child development approach? Why or why not?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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