Answer:
$400
Explanation:
The computation of the corrected operating income is shown below:
= Sales revenue - costs of goods sold - SG&A Expense
= $1,600 - $800 - $400
= $400
The gross profit would be
= Sales revenue - costs of goods sold
And the operating income would be
= Gross profit - SG&A Expense
For computing the operating income, we deduct the costs of goods sold and the SG&A Expense from the sales revenue
Answer:
c. Stressed polar bears exhibit obsessive patterns of behavior.
Explanation:
- If a polar bear is bred in captivity they show an obsessive pattern of behavior.
- Such as the passing of the back and forths on the same spot and swimming on their heads from side to side.
- And also use their paws to repeatedly strike their heads as a sign of stress. This shows that they don't do well in captivity.
Answer:
-$11 million
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the impact of transactions on retained earnings by using following formula:-
Impact of transactions on retained earnings = - common dividend - preferred dividend - loss on sale of equipment
= -$3 million - $2 million - $6 million
= - $11 million
All three items should be deducted as it has a negative impact on the retained earnings
Answer:
Big Lots is able to compete against Wal-Mart with a cost leadership strategy because of its strengths in highly disciplined merchandise cost and inventory management system.
Explanation:
fact that support activities in the firm can provide sources of cost reduction
The research and testing costs associated with the new ovens is said to arise from a product-sustaining activity.
Explanation:
Product-sustaining activities are carried out where appropriate to facilitate the production of each product type. Types of design-sustaining practices include product requirements, technical improvements and special testing procedures.
Such costs may be assigned to each commodity but are not proportional to the number of manufactured units or quantities. Organisation-sustaining operations support the overall production cycle of an organisation.
The ventilation and maintenance of the building, the protection of the facility and the administration are examples of safe facilities.
Products are allocated the costs for the operations at a unit level, batch level and component level depending on the consumption of each commodity. Goods are distributed randomly or viewed as time expense for purpose of facility-sustaining operations.
