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Assume that the operating resluts for last year were: Sales $400K, Variable Exp. 160K, CM 240K, FE 180K, Net operating income $60K. Compute the degree of operating leverage at the current level of sales. The president expects sales to increase by 20% next year. By what percentage should net operating income increase?
bell company a manufacturer of audio systems started its production in october 2014. for the preceding 3 years bell had
Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income:
the following cost and inventory data for the just completed year are taken from the accounting records of eccles
prepare general ledger entries1. township assembly agreed that a new police and fire department building would be
arthur wesson an unmarried individual who is age 68 has taxable income of 160000. he has amt positive adjustments of
during 2010 burlington company incurred operating expenses amounting to 600000 of which 550000 was paid in cash the
During the month, 6,000 units of product were manufactured and 5,500 units of product were sold. On May 1, George's carried no inventories.
bargain rental car offers rental cars in an off-airport location near a major tourist destination in california.
fores construction company reported a pretax operating loss of 260 million for financial reporting purposes in 2013.
A firm expects to sell 10,000 units of its product annually. It estimates that it costs $200 to place an order and that each unit costs $7 annually to carry in inventory. It takes 7 days to receive an order once it is placed, and the store is open..
the books of seal company a calendar year taxpayer had assets and related information as of december 31 2012.
farrell company manufactures a product that sells for 50 per unit. farrell incurs a variable cost per unit of 30 and
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