Pottery unlimited has two product lines: cups and pitchers. income statement data for the most recent year follow:

total cups pitchers
sales revenue $460,000 $310,000 $150,000
variable expenses 355,000 235,000 120,000
contribution margin 105,000 75,000 30,000
fixed expenses 76,000 38,000 38,000
operating income (loss) $29,000 $37,000 ($8,000)

if $23694 in fixed costs will be eliminated by dropping the cup line, how will operating income be affected? if income drops, use a negative sign in front of the number.

Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations

Each of the four independent situations below describes a sales-type lease in which annual lease payments of $12,500 are payable at the beginning of each year. each is a finance lease for the lessee. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) situation 1 2 3 4 lease term (years) 3 3 3 3 asset’s useful life (years) 3 4 4 6 lessor’s implicit rate (known by lessee) 14 % 14 % 14 % 14 % residual value: guaranteed by lessee 0 $ 5,000 $ 2,500 0 unguaranteed 0 0 $ 2,500 $ 5,000 purchase option: after (years) none 2 3 3 exercise price n/a $ 7,500 $ 1,500 $ 3,500 reasonably certain? n/a no no yes

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above