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In the month of March, Trendy Spa services 630 clients at an average price of $120. During the month, fixed costs were $18,648 and variable costs were 65% of sales.
a. Determine the contribution margin in dollars, per unit, and as a ratio
b. Using the contribution margin technique, compute the break-even point in dollars and in units.
Detail, please. Wendy Company issued $600,000 of 8%, 5-year bonds at 105. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date?
Based on recent history, Hodge’s gross profit ratio on Product Tex is 36% of net sales. Calculate the estimated loss on the inventory from the fire, using the gross profit method.
magrath company has an operating cycle of less than one year and provides credit terms for all of its customers. on
During the past couple of years, ROCK has taken advantage of bonus depreciation and section 179 deductions and fully remodeled the premises and upgraded its leasehold improvements. This year, ROCK wrapped up its remodel with the purchase of @20,00..
Prepare the journal entry necessary at January 1, 2015 to record the purchase of Grafton and what if the purchase price was $69,000 would any goodwill be reported?
Little Cabbage Firm acquired an adjacent lot to construct. Fees paid to remove an old building from the land were $9,000. Materials salvaged from the demolition of the building were sold for $3,000. A contractor was paid $800,000 to construct a new..
An investment of $100,000 promises returns of $40,000 per year for each of the next three years. If taxes are ignored and the required rate of return is 14%, what is net present value of the project?
Evaluate the length of the firm's cash conversion cycle and Cash Conversion cycle Based On Balance Sheet
short description evaluation of capital expenditure proposal.accounting rate of i9turn payback and npv busy beaver
What are some of the more common revenue and inventory related fraud schemes and what are some of the more effective methods for searching for this type of fraud?
You have a new client who has incomplete financial records. You find that he has a motor vehicle for use in the business purchased in an earlier year.
question on 1st january 2013 the balance in kubera cos allowance for bad debts account was 1300. through the year a
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