After reviewing financial reports of her company's daycare service, Camila determines it should be closed due to a loss. Revenues $120195 Variable costs $47953 Traceable (avoidable) fixed costs $70095 Allocated corporate overhead $45995 What would be the impact to net income of closing the daycare? State loss as negative, gain as positive. Round only your final answer to the nearest dollar.
After reviewing financial reports of her company's daycare service, Camila determines it should be closed due to a loss. Revenues $120195 Variable costs $47953 Traceable (avoidable) fixed costs $70095 Allocated corporate overhead $45995 What would be the impact to net income of closing the daycare? State loss as negative, gain as positive. Round only your final answer to the nearest dollar.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
After reviewing financial reports of her company's daycare service, Camila determines it should be closed due to a loss.
Revenues $120195
Variable costs $47953
Traceable (avoidable) fixed costs $70095
Allocated corporate
What would be the impact to net income of closing the daycare? State loss as negative, gain as positive. Round only your final answer to the nearest dollar.
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