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A company typically earns a contribution margin ratio of 25%and has current fixed costs of $80,000. The general manageris considering spending an additional $20,000 to do one of thefollowing:1. Start a new ad campaignthat's expected to increase salesrevenue by 5%.2. License a new computerized ordering system that is expectedto increase the comtribution margin ratio by 30%.Sales revenue for the coming year was initially forecast toequal $1,200,000(without implementing either option)Question: by what percentage would sales revenue need toincrease to make the ad campaign as attractive as the orderingcenter?
Assuming that the US Corp. has a December 31 year end, prepare the necessary journal entries to account for the series of transactions involving the purchase.
From the viewpoint of a management accountant, how would this cost be classified and how would it figure into a company's financial statements?
oxford engineering manufactures small engines. the engines are sold to manufacturers who install them in such products
The equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirement.
great plains transportation inc. is considering acquiring equipment at a cost of 246000. the equipment has an estimated
Dowell Chemical Corporation Research 15-2 FASB codification; locate and extract relevant information and authoritative support for a financial reporting issue.
the melano corporation was authorized to issue 1000000 shares of 1 par common stock and 100000 shares of 100 par 10
listed below are nine technical accounting terms1. cost volume profit analysis2. contribution margin ratio3. variable
If you assume that these estimates are derived from best estimates of likely outcomes and the risk-free rate is 5%, the expected present value of the cleanup provision is what ??
why do you believe the securities acts of 1933 and 1934 were necessary? what did they achieve? what could have
c owns 60 shares and d owns 40 shares of z corporation representing all of the outstanding shares. c and d are
powell corporations comparative balance sheets are presented below. powell corporation comparative balance sheets
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