Shirley Inc

question 54

Essay

Shirley Inc.has three divisions,King,West and Gold.Following is the income statement for the previous year:
Of the fixed costs,$300,000 is for corporate costs and is allocated equally to the three divisions.
a.How much does Gold Division have in direct fixed costs?
b.What is Gold Division's segment margin?
c.What would Shirley's profit margin be if Gold Division were dropped?

Grasp the uses and implications of different conditioning methods (classical vs. operant) in therapeutic settings.

Understand the principles and techniques of different behavior therapy interventions.

Recognize cognitive therapy techniques and their applications in treating psychological disorders.

Identify and differentiate between various psychiatric medications and their uses.

---

Definitions:

Fees Earned

Income generated from providing services or performing work for clients or customers.

Adjusting Entry

A journal entry made in accounting to record changes in revenue and expense accounts in order to match revenues and expenses to the period in which they occurred.

Cash Invested

Money that is put into a business or project with the expectation of generating income or profit.

Accrued Interest

Interest that has accrued but remains unpaid.