If a product is generating a loss, then it should be discontinued. Do you agree? Explain.
Question:
“If a product is generating a loss, then it should be discontinued.” Do you agree? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
Not necessarily An apparent loss may be the result of allocated common costs or o...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9781260247787
17th Edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Question Posted:
Students also viewed these Business questions
-
If a product is sold at the beginning of year 1 with a three- year warranty, should the expected cost of honouring the warranty be spread over years 1, 2, and 3, or recognized entirely in year 1?...
-
If asset markets aren't efficient, then it should be possible for investors to consistently make money by betting that the price of an asset will return to its "correct" value. That doesn't seem to...
-
Do you agree that contracts should be interpreted based on an objective assessment of the parties intentions? What would be the advantages and disadvantages of interpreting contracts based on...
-
State DMV records indicate that of all vehicles undergoing emissions testing during the previous year, 70% passed on the first try. A random sample of 200 cars tested in a particular county during...
-
Consider a U-tube whose arms are open to the atmosphere. Now water is poured into the U tube from one arm, and light oil ( = 790 kg/m3) from the other. One arm contains 70-cm-high water, while the...
-
The positions in an organization that require the greatest attention when initiating succession planning activities are those a. That pay the most. b. That have the highest levels of turnover. c....
-
Explain why and under what circumstances an employee handbook can be considered a contract.
-
Elvis Wilbur owns two restaurants, the Beef Barn and the Fish Bowl. Each restaurant is treated as a profit center for performance evaluation. Although the restaurants have separate kitchens, they...
-
AERO3630 Aerodynamics (Degree) HO Table 1: Atmospheric Data Potential Flow Experiment T 22 C T 295.15 K Patm 103200 Pa Patm 1.278 kg m-3 Table 2: Test Parameters Test 1 Test 2 PT 136 mm HO 205 mm HO...
-
The chart of accounts of Angels Delivery Service of Flin Flon includes the following: Cash, 111; Accounts Receivable, 112; Office Equipment, 121; Delivery Trucks, 122; Accounts Payable, 211; Alice...
-
Variable costs and differential costs mean the same thing. Do you agree? Explain.
-
Wilderness Products, Inc., has designed a self-inflating sleeping pad for use by backpackers and campers. The following information is available about the new product: a. An investment of $1,350,000...
-
Organizing Data The interoffice memo in Activity 5.1 is hard to read and hard to follow. One of its biggest problems is organization. Your Task. Use either a cluster diagram or an outline to organize...
-
Question 3 i. In the evaluation of construction companies financial statements the gearing ratio and liquidity ratio have been described as providing useful information on company's activities. What...
-
Crane Corp. is thinking about opening a soccer camp in southern California. To start the camp, Crane would need to purchase land and build four soccer fields and a sleeping and dining facility to...
-
On January 1, 20x1, Entity A acquires computer equipment for 120,000. The computer is expected to be used over the next five years. How much is the depreciation expense per year?
-
write a assignment as a business report to your manager using the Accounting Information System's Guidelines and Identifying Risks, Risk Statement, Classifications of Internal Controls, and the...
-
Can the corporate assets, such as the office and company cars, potentially be used inappropriately for personal benefit? The closely held business is located in Pennsylvania. The corporation also...
-
The following table contains annual returns for the stocks of Home Depot (HD) and Lowe's (LOW). The returns are calculated using end-of-year prices (adjusted for dividends and stock splits) retrieved...
-
Determine by direct integration the values of x for the two volumes obtained by passing a vertical cutting plane through the given shape of Fig. 5.21. The cutting plane is parallel to the base of the...
-
Wollogong Group Ltd. of New South Wales, Australia, acquired its factory building about 10 years ago. For several years, the company has rented out a small annex attached to the rear of the building....
-
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue . . . . . . . . . . . . . . . ....
-
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Total sales revenue . . . . . . . . . . . . . . . ....
-
What effect does an antagonist drug have over the receptors ?
-
Read this article on the differences and Comparisons between UNIX and LINUX http://www.diffen.com/difference/Linux_vs_Unix, then do some research and post your thoughts on each of the systems. Based...
-
Assume that in 2023, Bobby had a vacant lot that was given to him as a gift from his father that had an FMV of $40,000 and an adjusted basis of $15,000.
Study smarter with the SolutionInn App