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1. Consignment Computations On May 3, 2010, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers amounted to $840 and was paid by Eisler Company. On December 30, 2010, a report was received from the consignee, indicating that 40 freezers had been sold for $750 each. Remittance was made by the consignee for the amount due, after deducting a commission of 6%, advertising of $200, and total installation costs of $320 on the freezers sold. Instructions
(a) Compute the inventory value of the units unsold in the hands of the consignee.
(b) Compute the profit for the consignor for the units sold.
(c) Compute the amount of cash that will be remitted by the consignee.
explain the following statementwhile the balance sheet can be thought of as a snapshot of the firms financial position
sally purchased a new computer five-year property on june 1 2013 for 4000. sally could use the computer 100 of the time
At the beginning of the year, accounts receivable were $144,000 and the allowance for bad debts was $11,500. During the year, sales (all on account) were $600,000,
presented here are the original overhead budget and the actual costs incurred during july for rembrant inc. rembrants
Imagine that you are an executive for XYZ, Inc., a high-end retail chain that sells luxury watches, jewelry, and hand bags. You've just been put in charge of the company's first international expansion, opening a store in Shanghai, China.
how did pharmor cover up the inital 12 millon losswhat were 2 mistakes that coopers and lybrand made during the 1989
The bonds were issued four years ago at par ($2,000,000), carry a 7% interest rate, and are convertible into 40,000 shares of common stock. The company has a 40% tax rate. Diluted earnings per share are ??
How would the declaration of a liquidating dividend by a corporation affect each of the following?
Haig Aircraft is considering a project that has an up-front cost paid today at t = 0. The project will generate positive cash flows of $60,000 a year at the end of each of the next five years.
The following list, in alphabetical order, shows the various items that regularly appear on the financial statement of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30, 2014
rhonda brennan found her first job after graduating from college through the classifieds of the miami herald. she was
amazon beverages produces and bottles a line of soft drinks using exotic fruits from latin america and asia. the
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