The first thing a supervisor learns about setting priorities is that they will last a long time

Leslie's Sunglass Company's western territory's forecasted income statement for the upcoming year is as follows

Sales revenue $850,000 Variable costs (520,000 ) Contribution margin $330,000 Fixed costs (480,000 ) Operating loss $(150,000 ) The company's management is considering dropping the western territory and has determined that $310,000 of the fixed expenses is avoidable. What is the change in Leslie's Sunglass Company's forecasted operating for the upcoming year if the western territory is dropped? Assume the company predicts an operating loss across the entire company. A) Operating loss will increase by $20,000. B) Operating profit will increase by $330,000. C) Operating loss will decrease by $20,000. D) Operating profit will decrease by $330,000.

In planning and managing the requirements of a firm, the financial manager is concerned with ________

A) the mix and type of assets, but not the type of financing utilized B) the type of financing utilized, but not the mix and type of assets C) the acquisition of fixed assets, allowing someone else to plan the level of current assets required, and the market value of the share D) the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition