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At the beginning of 2012, Wilson Stores has an inventory of $300,000. Because sales growth was strong during 2012, the owner wants to increase inventory on hand to $450,000 at December 31, 2012. If net sales for 2012 are expected to be $2,600,000, and the gross profit rate is expected to be 35%, compute the cost of the merchandise the owner should expect to purchase during 2012.
all sales are on account and in the past 30 of the sales were collected in the month of the sales and 70 in the month
christy enterprises reports the year-end information from 2011 as follows sales 100000
on january 12014 a company that prepares financial statements paid rent for 2014 and 2015. the accountant recorded the
ValuePlus is a United States Company.
identify the effects-both the direction and the dollar amount-of these assumed transactions on the total shareholders
1.describe how you would identify bottlenecks in your value stream? how would you ensure sustained flow through those
Precision Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs of three types of tax returns follow. Precision provides services in the ratio of 5:3:2 (easy, moderate, business).
from the e-activity take two positions and explain how the trade agreement both helps and hurts the u.s.
tawstir corporation has 500 obsolete personal computers that are carried in inventory at a total cost of 720000. if
on july 1 year 1 cody co. paid 1198000 for 10 20-year bonds with a face amount of 1 million. interest is paid on
james inc. is a computer software consulting company. its three major functional areas are computer programming
Clifford Company's comparative balance sheet included dividends payable of $80,000 at December 31, 2009, and $100,000 at December 21, 2010. Dividends declared by Clliford during 2010 amounted to $400,000.
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