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Alpha Corporation reported the following data for its most recent year: sales, $500,000; variable expenses, $300,000; and fixed expenses, $150,000. The company's degree of operating leverage is.
You buy a Certificate of Deposit that quotes a nominal APR of 3% with monthly compounding. How much do you earn over a year. You want to earn an effective return of 8% per year. If your investment pays monthly interest, what must the nominal APR quot..
Jelly Bean, Inc., began 2012 with cash of $53,000. During the year Jelly Bean earned revenue of $597,000 and collected $621,000 from customers. Expenses for the year totaled $437,000, of which Jelly Bean paid $427,000 in cash to suppliers and employe..
On January 1, 2014, Fishbone Corporation sold equipment to Lost Company that cost $250,000 and that had accumulated depreciation of $100,000 on the date of sale. Record the 1/1/14 transaction for Fishbone and all necessary entries from 2014-2016. Re..
international accounting standards are unusable from an investors viewpoint and make global allocation of capital more
question on 1st january 2011 phoenix co. acquired 100 of the outstanding voting shares of sedona inc. for 600000 cash.
1. Property, plant and equipment= land + buildings + machinery and equipment + construction in progress $22,360 + $113,279 + $350,929 + $1,641= $488,209 thousand Total PPE - accumulated depreciation = $488,209 - $298,128= $190,081 thousand
Beginning accounts receivable were $100,000 and the ending accounts receivable are $130,000. Net sales for the period total $1,265,000. What is the accounts receivable turnover?
Learning Objectives 4, 5, 6: Analyze the impact of business transactions on accounts; record (journalizes and post) transactions in the books; The five-day weekly payroll is $6,100 and will be paid on Friday. Requirement 2 Prepare adjusted trial bala..
determine the best method to allocate $1,000,000 of common costs (secretarial staff, reception personnel etc), either by salary or number of employees.
Record the amount of Raw Materials issued to production during August-Record the Manufacturing Overhead allocated to production during August
Discuss the reasons a consulting firm might use a normal costing system rather than an actual costing system. What might be some reasons for the firm to change from a one-pool to a multiple-pool allocation concept?
details regarding the inventory of appliances at january 1 2010 purchases invoices during the year and the inventory
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