subject
Business, 06.10.2021 23:00 allykram7

MC Qu. 12-63 The following information was taken... The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Restin, Inc. Los Angeles Division Bay Area Division Central Valley Division Revenues $ 976,000 $ 272,000 $ 307,000 $ 397,000 Variable operating expenses 539,600 149,600 165,000 225,000 Controllable fixed expenses 237,000 74,000 84,000 79,000 Noncontrollable fixed expenses 87,000 24,000 29,000 34,000 In addition, the company incurred common fixed costs of $20,700. Bay Area's segment profit margin is:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:40
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
Answers: 3
question
Business, 22.06.2019 11:40
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
question
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
question
Business, 22.06.2019 20:10
With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals
Answers: 1
You know the right answer?
MC Qu. 12-63 The following information was taken... The following information was taken from the seg...
Questions
question
Biology, 16.03.2020 16:35
question
History, 16.03.2020 16:36
Questions on the website: 13722363