Solved

Clay Inc Has Two Divisions, Myrtle and Laurel

Question 36

Multiple Choice

Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year: Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year: What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? A) $99,625 profit B) $91,000 profit C) $384,000 profit D) $71,000 loss What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable?


A) $99,625 profit
B) $91,000 profit
C) $384,000 profit
D) $71,000 loss

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: The first step in the managerial decision

Q31: Olive Corp. currently makes 20,000 subcomponents a

Q32: Bancroft currently manufactures a subcomponent that is

Q34: Which of the following types of decisions

Q35: Peach has received a special order for

Q37: Almond has received a special order for

Q41: Olive Corp. currently makes 20,000 subcomponents a

Q61: The foregone benefit of choosing one alternative

Q79: Which of the following statements is false?<br>A)Sunk

Q133: What is the term for the most