The Flint Fan Corporation Is Considering the Addition of a New

question 84

Multiple Choice

The Flint Fan Corporation is considering the addition of a new model fan, the F-27, to its current products. The expected cost and revenue data for the F-27 fan are as follows:

If the F-27 is added as a new product, it is expected that the contribution margin of other products will drop by $7,000 per year.

-If the F-27 product is added next year, the change in operating income should be:

• A)$30,000 increase
• B)$5,000 decrease
• C)$23,000 increase
• D)$15,000 increase

Grasp the essential elements and techniques of professional talking.

Recognize the significance of effective listening in communication.

Comprehend the role and procedures of formal meetings and the importance of parliamentary procedure.

Identify the appropriate use of phone etiquette in professional communication.

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Definitions:

Marginal Tax

The tax rate that applies to the last dollar of the taxpayer's income.

Financial Manager

A professional responsible for managing the financial health of an organization, including planning, directing investment activities, and developing financial strategies.

Owners' Equity

The residual interest in the assets of an entity after deducting its liabilities, representing the net worth held by shareholders or owners.