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Question - Company M had fixed costs of $262,500, variable costs of $625,000, and actual sales of $1,000,000. If the company has a break-even point at $700,000 in sales revenue, determine
(a) the margin of safety expressed in dollars,
(b) the margin of safety expressed as a percentage of sales,
(c) the contribution margin ratio, and
(d) the operating income.
If the top 5% of coffee drinkers are considered heavy coffee drinkers, what is the minimum number of cups consumed by a heavy coffee drinker? Hint: Find the 95th percentile.
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How is accounting relevant to career? Why has ethical behavior in area of accounting and finance so important? So any type of increase in expense will be counter balanced by a decrease in assets in value and or other way around.
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esteban appleby certified public accountant is an assistant to the controller of summerfield consulting co. in his
nicole inc. uses igaap for its external financial reporting. during 2009 an employee of the company was injured in the
an intersting point to not is that there is a difference in the tax treatment of income from limitied liability
assume that hitech is currently using a volume-based costing system with manufacturing overhead applied to products
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Information for two companies in the same industry, Merrill Corporation and Wingate Corporation, Compute free cash flow for both companies and compare
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