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Edwards Co. includes one coupon in each bag of dog food it sells. In return for four coupons, customers receive a dog toy that the company purchases for $1.20 each. Edward's experience indicates that 60% of the coupons will be redeemed. During 2010, 100,000 bags of dog food were sold, 12,000 toys were purchased, and 40,000 coupons were redeemed. During 2011, 120,000 bags of dog food were sold, 16,000 toys were purchased, and 60,000 coupons were redeemed.
what is the accounting rate of return for a project that is estimated to yield total income of 345000 over three years
you are the manager of an accounting department and would like to hire another managerial accountant to focus on
both bond sam and bond dave have 6 percent coupons make semiannual payments and are priced at par value. bond sam has
Texas has just passed a law making it mandatory to have every head of cattle inspected at least once a year for a variety of communicable diseases.
a company uses direct labor hours to allocate variable and fixed overhead costs. under which of the following
prepare a debt amortization schedule for a bond issued at discount. assume that the bond matures in 12 years with
During 2013, an examination of the building by an engineering firm discloses that its estimated useful life is 15 years after 2012. What should be the amount of depreciation for 2013?
on march 1 2014 eric keene and abigail mckee form a partnership. keene agrees to invest 21100 in cash and merchandise
No election is made to use the straight-line method. The company does not make the § 179 election. Determine the total deductions in calculating taxable income related to the machines for 2010.
orange catering uses two measures of activity jobs and meals in the cost formulas in its budgets and performance
Discuss the effect on profits if volume increases to 700,000 units under both the old and the new production environments. Comment on the riskiness of the new operation versus the old operation.
flip company purchased equipment on july 1 2011 for 90000. it is estimated that the equipment will have a 5000 salvage
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