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The records of Kennett Company show a contribution margin ratio of 20%. The company desires to earn a profit of $50,000 and has fixed costs of $100,000. What sales revenue would have to be generated in order to earn the desired profit?
at the beginning of the current period griffey corp. had balances in accounts receivable of 232200 and in allowance for
marsden manufactures a cat food product called special export. marsden currently has 10000 bags of special export on
equipment transaction and cash flow reporting dec. 31 19x4 dec. 31 19x3 land 94000 94000 equipment 652000 527000 less
You have borrowed $70,000 to buy a speed boat. You plan to make monthly payments over a 15-year period. The bank has offered you a 9% interest rate, compounded monthly. Create an amortization schedule for the first two months of the loan.
Identify the typical costs included in the cash purchase of an intangible asset. Discuss how to determine the cost of an intangible asset acquired in a non-cash transaction.
24800 were incurred in connection with the issue. interest on the bonds is payable annually each december 31. the 24800
Capstone Research Project
in what significant way do not-for-profits account for investments differently from
western outfitters mountain sports projected 2008 sales of 75000 units at a unit price of 12.00. actual 2008 sales were
the following data from the just completed year are taken from the accounting records of eccles
Peg sold a machine this year for $48,000. Peg purchased the same machine for $53,000 a couple years ago and claimed a total of $11,500 of depreciation expense on the machine. What's the amount and character of the gain or loss?
manufacturing overhead is a special type of account. discuss its nature and determine if it is a balance sheet account
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