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Acme Sales has two store locations. Store A has fixed costs of $125,000 per month and a variable cost ratio of 60%. Store B has fixed costs of $200,000 per month and a variable cost ratio of 30%. What is the break-even sales volume for Store B?
if an iron industry has earned contribution of 200000 and net profit of 150000 on sales of 800000. what would be
Explain to management how you determined goodwill was impaired and the financial impact of such impaired goodwill. Prepare the necessary accounting entries to recognize goodwill impairment.
manteca inc. produces two types of speakers deluxe and regular. manteca uses a plantwide rate based on direct labor
Briefly explain the rationale for a sale and leaseback and the advantages for firms engaging in such an exercise.
jack exchanged land with an adjusted basis of 65000 subject to a liability of 22000 for 50000 fmv of stock owned by
a company purchased a computer system on jan 1 2001 for 1600000. prepare the journal entries to record depreciation for
In Vin del Mar, Chile, there are a dozen stores specializing in selling the same quality of seafood products on one street. An individual store dare not charge more than the going price without the risk of losing business to the other stores that ..
why are various ratios critical to measure performance and effective
If the bonds bear interest at 12%, which is paid semiannually on January 1 and July 1, what is the total cost to be debited to the investment account?
Brick Company's direct labor is 30% of it's conversion cost. If the direct materials cost last week was $52,500 and the manufacturing overhead cost was $21,000, compute the cost of direct labor for the week.
The current carrying value of Pierce's $600,000 face value bonds is $597,750. If the bonds are retired at 102, what would be the amount Pierce would pay its bondholders?
Parrett had equipment with a book value of $250,000 and a fair value of $400,000. Jones had equipment with a book value of $170,000 and a fair value of $320,000. What is the consolidated balance for the Equipment account as of December 31, 2013..
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