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ABC Company has an effective tax rate of 40%. If they have fixed cost of 30,000 and want an after tax profit of 65,000, what would their before tax profit need to be?
Use the indirect method of reporting cash flows from operating activites. Assume that equipment costing $125000 was purchased for cash and equipment costing $85000 with accumulated depreciation of $65000 was sold for $15000; that the stock was iss..
If the president is right, what will be the effect on the company's monthly net operating income or loss? Using the incremental approach in perparing the answer?
A mail order company finds 18% of the purchases of a particular item are returned. The company estimates each return costs $0.70 in transportation and extra handling. What is the expected extra cost due to returns per unit of this item?
What is meant by the dual-track approach of accounting for the government-wide level besides the fund level, and how does it compare to a worksheet approach?
levi company purchased land on february 1 2014 at a cost of 5000000. it estimated that a total of 50000 tons of ore is
corporations p s and c are members of a parent-subsidiary controlled group filing a consolidated tax return.
under what circumstances must a company estimate its inventory? what are the differences between using the gross profit
Assuming unit materials costs of $3 and unit conversion costs of $6, what are the costs to be assigned to the units (a) transferred out and (b) in ending work in process?
companies that move into a new country are often faced with a dilemma of adjusting to local practices or enforcing the
westile company buys plain ceramic tiles and prints different designs on them for souvenir and gift stores. it buys the
byrd company produces one product a putter called go-putter. byrd uses a standard cost system and determines that it
ace inc. produces electronic components for sale to manufacturers of radios television sets and digital sound systems.
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