Business, 11.07.2019 23:40 kyleescott9525

Castillo corporation has provided you with the following budgeted income statement for one of its products:
sales revenue $ 700,000
variable costs (430,000)
contribution margin $ 270,000
fixed costs (310,000)
operating loss $(40,000)
castillo has just encountered environmental problems with the product and will be forced to drop the product line altogether. castillo will be able to eliminate 60% of the fixed costs. what will be the impact on operating income of the company

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 02:10

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Answers: 1

Answer

Business, 22.06.2019 16:30

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.

Answers: 1

Answer

Business, 22.06.2019 17:20

Arecession is defined as a period in which

Answers: 1

Answer

Business, 22.06.2019 20:20

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.

Answers: 3

Answer

You know the right answer?

Castillo corporation has provided you with the following budgeted income statement for one of its pr...

Questions