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Tversky and Co. have devised a new psychological test for investors' risk tolerance. They expect to sell 10,000 tests in the first year at $150 each. Cash costs associated with producing, administering and scoring the test are $50 per unit. In the second year, volume is expected to be the same, but both the price and the costs will increase 2.5%. Forecast gross profit in the second year.
Jon shear expects an investment o $25,000 to return $6,595 annually. his investment is earning 10% per year. how many annually payments will he receive?
Susan zupan, a lawyer, accepts a legal engagement in march, performs the work in april, and is paid in may. if zupan's law firm prepares monthly financial statements, when should it recognize revenue from this engagement? why?
janice was a cash basis taxpayer. at the time of her death she was owed 100000 in accrued salary. upon janices death
stellar corporation uses the weighted-average method in its process costing system. data concerning the first
presley products inc. is a manufacturer of limited edition dolls. they use operations costing to measure and track the
flyer company sells a product in a competitive marketplace. market analysis indicates that their product would probably
issued and outstanding 150000 shares of cs at dec. 31 2009. july 1 2010 issued an additional 25000 shares of cs for
what is the value of a bond that has a par value of 1000 a coupon of 80 annually and matures in 11 years? assume a
What was the interest rate used to value the lease? What is the annual lease payment? What was the present value of the lease obligation on January 1, Year 6?
clear sky sailmakers manufactures sails for sailboats. the company has the capacity to produce 15000 sails per year but
Revenues, gains, and investments by owners are all increases in net assets. What are the distinctions among them?
determining account balances percent of revenue allowance method of accounting for uncollectible accountsthe following
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