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A company has the opportunity to sell 1,000 extra units of product to a new customer outside the US. The price at which this sale can be made is $95 per unit. The normal price is $125. The standard cost is $75 of variable costs plus $25 of fixed costs - a total cost of $100. Should the company accept this sale? Why? How much more (or less) bottom line profit will the firm have if it makes the sale?
The office building was acquired by Lakeside at a cost of $1 million and was expected to have a useful life of 15 years with no residual value. Illustrate what will be the effect of the lease on LTT's earnings for the first year (ignore taxes)?
How would these capital expenditures for recreation center appear on the Town of Dex's government-wide statements of net activities and assets and prepare journal entries to record preceding information in Town of Dex Recreation Center Construction ..
Prepare the 1st January, 2011, journal entry to record the bonds' issuance and Prepare first two years of an amortization table using straight-line method.
Explain why or why not. Research computer systems methods you can use to record your transactions and create your financial statements and how can you tell? Does your company use accrual-based or cash-based accounting? How can you tell?
Prepare an income statement and a schedule of cost of goods manufactured for the year ended December 31, 20--. Prepare a statement of retained earnings for the year ended December 31, 20--.
On January 1, 2015, the first day of its fiscal year, the city of Carter received notification that a federal grant in the month of $650,000 was approved. Teh grant was restricted for the payment of wages for teenagers for summer employment. The term..
Will market efficiency evolve on its own without government intervention? Why or why not and what role do ethics play in market efficiency?
question on january 1 2011 porter company purchased a 90 percent interest in the capital stock of salem company for
When Alonzo acquired the patents, their fair market values were: Patent AA: $20,000; Patent BB: $240,000; and Patent CC: $60,000. At what amount should Alonzo record Patent BB?
look at the financial statements of the ford motor company. evaluate the following ratios for fordasset turnover profit
There were no other pension related costs. The journal entry to record the annual pension costs will include a credit to the PBO for?
Calculate dividend yield, price/earnings ratio, and return on equity. Round the dividend yield and return on equity to the nearest tenth of a percent.
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