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Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $60,000. How many MP3 players must Cunningham sell to earn net income of $140,000?
hrabik corporation issued 600000 9 10 year bonds on january 1 2011 for 562613. this price resulted in an
a company had common stock with a total par value of 18000000 and fair value of 62000000 and 7 preferred stock with a
On May 1, 2004 Lett Corp. declared and issued a 15% common stock dividend. Prior to this dividend, Lett had 100,000 shares of $1 par value common stock issued and outstanding
meredith cleaners has the following balance sheet items.
ratios are used for many purposes performance measurement is one such application. however not all performance measures
Racer Industries has fixed costs of $900,000. Selling price per unit is $250 and variable cost per unit is $130.
department g had 3915 units one-third completed at the beginning of the period 12174 units were completed during the
Gonzalez Manufacturing Company for the month - Determine Gonzalezs, Cost of goods sold, Gross profit, and Net income.
Garr Co. issued $4,220,000 of 12%, 5-year convertible bonds on December 1, 2014 for $4,237,830 plus accrued interest. The bonds were dated April 1, 2014 with interest payable April 1 and October 1. Bond premium is amortized each interest perio..
Karen, in forming a new corporation, transfers land to the corporation in exchange for the 100 percent of the stock of the corporation. Karen's basis in the land is $275,000, and the corporation assumes a liability on the property in the amount of..
Al and Amy file a joint return for the 2007 tax year. Their adjusted gross income is $80,000. They had net investment income of $9,000. In 2007, they had the following interest expenses:
q no.1-nbspfrom the following you are required to comment a upon the long term as well as short term solvency of the
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