Slumber is considering eliminating the pillows product line. If this line is eliminated, Slumber will be able to eliminate $74,000 of total fixed costs. How would this business decision impact operating income?
The income statement for Slumber Company is divided by its two product lines, blankets and pillows, as follows:
A) increase of $74,000 in operating income
B) decrease of $59,000 in operating income
C) increase of $133,000 in operating income
D) increase of $15,000 in operating income
D) increase of $15,000 in operating income
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Although the word "better" is normally accepted as puffery, the word "best" is somewhat vague and implies a comparison, which has recently been tested through the FTC
Indicate whether the statement is true or false
The following information is available on a depreciable asset owned by Mutual Savings Bank: Purchase dateJuly 1, Year 1Purchase price$82,600?Salvage value$11,400?Useful life8 yearsDepreciation methodstraight-lineThe asset's book value is $64,800 on July 1, Year 3. On that date, management determines that the asset's salvage value should be $6400 rather than the original estimate of $11,400. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:
A. $1958.33 B. $2433.33 C. $4866.67 D. $2700.00 E. $2366.37
The callable feature of a bond can be exercised by the bondholder
Indicate whether the statement is true or false
I am the lead barista at a local coffee shop managing four staff. I assign tasks each work shift and check back regularly to see that work has been done. I do not spend much time talking with my staff about things other than getting the job done. My behavior would plot on the Blake and Mouton Leadership Grid at what point?
A. moderately high task; moderately low relationship B. very high task; very low relationship C. very high task; very high relationship D. moderately low task; moderately high relationship