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Division W of Comer Company has sales of $140,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $100,000. What is the rate of return on investment for Division W? a. 14% b. 2.8% c. 10% d. 5.47% The answer is 14% but how do you get this?!?!?
Using the data for home selling prices attached, test a realtor's claim that the average age of all homes in the area from which the random sample is drawn from is less than 30 years. Assume the distribution of ages of homes follow an approximatel..
What is the discounted payback period for these cash flows if the initial cost is $23,518? (Do not round your intermediate calculations.)
win 2040000 in the state lottery. the 2040000 prize will be paid in equal installments of 170000 over 12 years. the
Stacey and Andrew each own one-half of the stock in Parakeet Corporation, a calendar year taxpayer. Cash distributions from Parakeet are: $350,000 to Stacey on April 1 and $150,000 to Andrew on May 1.
1.long-term investments assets of a corporation area. amortizedb. depletedc. depreciatedd. not treated as fixed
the lansing community college registrars office is considering replacing some canon copiers with faster copiers
Cynthia gives her son stock with a basis in her hands of $65,000 and a fair market value of $60,000. No gift tax is paid. Son subsequently sells the stock for $63,000. What is his recognized gain or loss?
Samuelson Plastics has 7.5 percent preferred stock outstanding. Currently, this stock has a market value per share of $52 and a book value per share of $38. What is the cost of preferred stock?
Mobile Co. issued a $45,000, 60-day, discounted note to Guarantee Bank. The discount rate is 6%. At maturity, the borrower will pay:
Sara Shoppe has invested $100,000 in an account at her local bank. The bank will pay her a constant amount each year for 6 years, starting one year from today, and the account's balance will be 0 at the end of the sixth year. If the bank has promi..
The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 28, 2006. The February 28, 2006, bank statement and the February T-account for cash showed the following (summarized):
Note and installment note with unrealistic interest rate
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