The following data was compiled for Hard-Rock Concrete Company:

Required
Compute the operating income for 2011 and 2012.Next,compute the revenue effect in growth and indicate whether the growth in favorable,F,or unfavorable,U.

Question

The following data was compiled for Hard-Rock Concrete Company:

Required
Compute the operating income for 2011 and 2012.Next,compute the revenue effect in growth and indicate whether the growth in favorable,F,or unfavorable,U.

Quizplus · Accepted Answer

C)
2011 = [($47,700,000-$43,595,000)] = $4,105,000
2012 = [$44,800,000-$44,931,000)] = $(131,000)
[($4,105,000 + ($131,000 U)] = ($4,236,000)

The Following Data Was Compiled for Hard-Rock Concrete Company