A company has five product lines, one of which has Fixed expenses of $131,182 and a Net loss of $51,464. If this product

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A company has five product lines, one of which has Fixed expenses of $131,182 and a Net loss of $51,464. If this product

Post by answerhappygod »

A company has five product lines, one of which has Fixed
expenses of $131,182 and a Net loss of $51,464. If this product
line is eliminated, 42% of the fixed expenses can be eliminated and
the remainder will be allocated to other product lines. If
management decides to eliminate this product line, the amount the
company's net income will increase or decrease(-) is? Round to the
nearest dollar and put a negative sign - before a decrease. Do not
type the dollar sign
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply