Answer:
Decrease by $132,100
Explanation:
Computation of the given data are as follow:-
We can calculate the Operating Income by using following formula:-
Fixed Cost = Fixed Cost * Dropped Rate
= $193,000 * 30/100
= $57,900
So, Operating Income = Sales - Variable Cost - Fixed Cost
= $,1050,000 - $860,000 - $57,900
= $132,100
According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.
Answer:
The answer to the question would be C
Explanation:
Without a doubt, the economic crisis has changed the way consumers approach the market for goods and services. In this new era, austerity, discounts and the search in different channels of the best price / benefit ratio dominate.
Of course, technology and the Internet are the best allies of the consumer who wants to be informed: thanks to smartphones, bar scanners, social networks or websites that compare prices or offer discounts, we are the buyers with more prior information on what we want or need to acquire.
Answer:
cash 1,469 debit
common stock 1 credit
additional paid-in 1,468 credit
--to record issuance of shares in exchange of cash--
Explanation:
We are given the fact that total par value of the shares is $1
thus, the remained will be additional paid-in excess of Common stock.
We debit the cash received as it is an asset
Then, we credit both, common stock and additional paid-in excess of Common Stock as they are equity accounts.
