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Gruner Company produces golf discs which it normally sells to retailers for $6.89 each. The cost of manufacturing 17,300 golf discs is:
Gruner also incurs 7% sales commission ($0.48) on each disc sold.Travis Corporation offers Gruner $4.82 per disc for 4,700 discs. Travis would sell the discs under its own brand name in foreign markets not yet served by Gruner. If Gruner accepts the offer, its fixed overhead will increase from $33,908 to $38,718 due to the purchase of a new imprinting machine. No sales commission will result from the special order.
During 2009, CCP earns an income of $90,000, and Christie withdraws $30,000 in cash from the partnership. In 2010, CCP suffers a loss of $30,000, and Christie withdraws $10,000. What are the tax consequences for Christie of this investment in 2009..
for several years a number of food lion inc. grocery stores were unprofitable. the company closed and continues to
A factory building is constructed during the nine-month period after the hurricane at a cost of $450,000. What is the recognized gain or loss and what is the basis of the new factory building?
Qualitative considerations in capital investing analysis include:
Which of the following circumstances would cause the gifted property to be included in the donor's gross estate?
morgan leasing company signs an agreement on january 1 2014 to lease equipment to cole company. the following
ending liabilities are 67000 beginning equity was 87000 common stock sold during year totaled 31000 expenses for the
soku company issues 35000 shares of 6 par value common stock in exchange for land and a building. the land is valued at
the following transactions occurred during 2013. assume that depreciation of 10 per year is charged on all machinery
bombeck company sells a product for 1500. when the customer buys it bombeck provides a one-year warranty bombeck sold
Would the yield spread on a corporate bond over a Treasury bond with the same maturity tend to become wider or narrower if the economy appeared to be heading toward a recession?
The present value of the cash inflows would be $42,180 for Project O, $53,900 for Project P, and $91,910 for Project Q. Rank the projects according to the profitability index, from most profitable to least profitable.
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