Business, 13.07.2019 14:30 UratazZ

With respect to leadership in the accounting profession, it might be said that: rev: 04_19_2017_qc_cs-86230  partners must exhibit moral imagination through ethical perception of what it means to be ethical, professional, and successful  ethical judgment is more important than how one makes decisions  how one makes decisions is more important than ethical leadership  partners must exhibit ethical decision making through ethical sensitivity to the needs of one's firm

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Business, 21.06.2019 22:50

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Business, 22.06.2019 01:30

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Business, 22.06.2019 08:40

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Business, 22.06.2019 11:40

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

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