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For the current year ending April 30, Hal Company expects fixed costs of $60,000, a unit variable cost of $70, and a unit selling price of $105. 60000/(105-70) 60000/35 = 1714.29 0r 1714 units
Megan made two announcements concerning its common stock today. First, the company announced that its next annual dividend has been set at $2.16 a share.
Battle Tank, Inc. had net sales in 2004 of $1,200,000. At December 31, 2004, before adjusting entries, the balances in selected accounts were: Accounts Receivable $250,000 debit, and Allowance for Doubtful Accounts $2,100 credit.
The enacted tax rate is 25% in current and future periods. What will White record as its income tax expense in Year 1?
This is a tax research problem - Clyde had work for many years as the chief executive of Red Industries, and had also been a major shareholder. Clyde and the company had a falling out, and Clyde was terminated.
Requirement 1 ($ in millions) 2011 2012 2013 Contract price $340 340 340 Actual costs to date $70 150 200 Estimated costs to complete $150 90 0 Total estimated costs $220 240 200 Estimated gross profit (actual in 2013) $ 120 100 140
make cash budget of Kelly's Boutique
\Ms. Clara Crayola, a teacher, received a cash award of $5,000 from the Chamber of Commerce in recognition of her past accomplishments in the field of education.
What is a master budget? What are some underlying budgets that form the master budget? What is the budgeting process at your organization? Is it effective? Why or why not?
The equipment was purchased several years ago for $70,500 and had accumulated depreciation of $52,900. What is reported under the operating activities section on the statement of cash flows?
Grossmont Company reports $1,375,500 of net income for 2009 and declares $192,500 of cash dividends on its preferred stock for 2009. At the end of 2009, the company had 350,000 weighted-average shares of common stock.
Given the following information for Satoko Company, compute the company's ROI: Sales - $1,000,000; Controllable Margin - $150,000; Average Operating Assets - $500,000.
What are John's deductions for 2010 and 2011 based on the above information if 1) the car was used for personal property and 2) business property?
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