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Alpaca Corporation had revenues of $300000 in its first year of operations. The company has not collected on $19900 of its sales and still owes 26500 on 85000 of merchandise it purchased. The company had no inventory on hand at the end of the year. The company paid $15000 in salaries. Owners invested $30000 in the buisness and $30000 was borrowed on a five-year note. The company paid $3300 in interest that was the amount owed for the year, and paid $7800 for two-year insurance policy on the first day of buisness. Alpaca has an effective income tax rate of 9%.Compute the cash balance at the end of the first year for alpaca Corporation.
Managers of Weeton Manufacturing are analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $80,000 in variable overhead but actual variable overhead was $95,000.
To maximize the firm value, should GS accept the Kojo offer? Why or why not? Given the data, what is GS weekly fixed cost of producing the tiger head covers? Besides the data provided above, what other factor should GS consider before making the deci..
In your opinion, discuss the most important principles in provider profiling in health plans.
the good sounds corp. is attempting to get a better estimate of the cost of their products. as a first step they are
calculate the projected net incomeloss for the first year. this should be in the form of an simple income statement
Bonds, D, Inc. bonds are selling for $1,000 each with an interest rate of 7%. Tax-exempt bonds issued by the State of Kentucky are selling for $1,000 each with an interest rate of 3%. Which bond provides a taxpayer with the higher after-tax return..
Day Company purchased a patent on January 1, 2010 for $360,000. The patent had a remaining useful life of 10 years at that date. In January of 2011, Day successfully defends the patent at a cost of $162,000, extending the patent"s life to 12/31/22..
acme corporation began 2007 with 115000 of rawmaterial inventory 250000 of work-in-process inventory and98000 of
your parents will retire in 23 years. they currently have 240000 and they think they will need 1600000 at retirement.
jbc corporation is owned 20 percent by john 30 percent by brian 30 percent by charlie and 20 percent by z corporation.
at sunrise corporation direct materials are added at the beginning of the process and conversions costs are uniformly
what is the difference between operations costing and a process costing system? how does a company decide whether to
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