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For 2010, Einar Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the year, David Heaney, the president, is presented with the following condensed comparative income statement:
Instructions
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to net sales for each of the years. Round to one decimal place
2. To the extent the data permit, comment on the significant relationships revealed by the vertical analysis prepared in(1).
1.In 2012, Quapau Products introduced a new line of hot water heaters that carry a one year warranty against manufacturer's defects. Based on industry experience,
Prepare an 8-10-page report in Word. This report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience over the last five weeks.
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Company acquires a delivery truck at a cost of $28,000 on January 1, 2009. The truck is expected to have a salvage value of $3,000 at the end of its 5-year useful life. Compute annual depreciation for the first and second years using the straight-..
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