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Business, 25.11.2019 21:31 shakira11harvey6
Jones company has the following data for one of the chair models. this information is for the deluxe chair model: sales $100,000 variable costs 80,000 contribution margin 20,000 fixed costs 30,000 operating income (loss) $(10,000) assume that if the deluxe chair model is dropped, there would be a savings of 60% of the current fixed costs. if the deluxe model chair is dropped from the product line, the company’s overall net income would increase or decrease by how much?
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Business, 21.06.2019 21:00
Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?
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Jones company has the following data for one of the chair models. this information is for the deluxe...
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