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A proposed new investment has projected sales of $825,000. Variable costs are 55% of sales and fixed costs are $187,150 per year. Depreciation is $91,000 and the corporate tax rate is 35% what is the projected net income in 1 year?
Quiltworks company reported actual sales of $2,000,000, and fixed costs of $450,000. The contribution margin ratio is 30%. (a) compute the break even point in dollars
explain why unlimited liability is an advantages of a corporation. what are some other advantages and disadvantages of
Prepare the adjusting entries using good form for each of the following situations as of January 31 (measurement date) for the one month of January
the employees of xitrex inc. are paid each friday. the companys fiscal year-end is june 30 which falls on a wednesday
Shawn, who is single and has no dependents, has a regular tax liability of $15,820, taxable income of $70,000, tax preferences of $25,000, and positive adjustments attributable to limitations on itemized deductions of $15,000. Shawn's alternative ..
modern federal bank is setting up a brand new branch. the cost of the project will be 1.2 million. the branch will
pool companys variable expenses are 36 of sales. pool is contemplating an advertising campaign that will cost 20000. if
1. to encourage employee ownership of the companys common shares kl corp. permits any of its employees to buy shares
the management of an amusement park is considering purchasing a new ride for 400000 that would have a useful life of 5
what depreciation method does amazon use for property and equipment? what is the range of useful lives for buildings
during 20 2012 pam a single taxpayer reports the following income and expense items relating to her interior design
the following events took place at a manufacturing company for the current year 1 purchased 106000 in direct
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