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As of December 31, 20XX, Michael Corp's fixed assets before depreciation were $14,000,000. Its sales for the year were $32,000,000. Its EBIT for 20XX was $1,500,000, and its accumulated depreciation on fixed assets was $4,000,000.
What was its fixed assets turnover ratio.
On jan 1 07 daniels company contained these liability accts. Accts payable 42,500 Sales tax payable 6,600 Unearned service revenue 19,000 During january
At January 1, 2011, a company had a net valuation allowance account credit balance for investments in securities available-for-sale of $20,000. At December 31, 2011, the total cost of the relevant portfolio was $300,000, and total market value was..
carolina catsup company produces catsup which it sells exclusively to fast-food restaurants in 5-gallon containers
the soccer club decided to sell coupon books as a fund-raising activity. the books allow users to enjoy restaurants
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part i.east valley manufacturing had gross profit of 450000 and selling amp administrative expenses of 275000 last
a baker had a certain number of boxes and a certain number of cakes with him. initially he distributed all the cakes
assume that interest and premium or discount amortization have been recorded through january 1, 2013 .Record interest and amortization on only the bonds retired.
wear company is operating at 70 of its manufacturing capacity of 78000 produce units per year. a customer has offered
john galt shipping wishes to ship a product that is made at two different factories to three different warehouses. they
a companys average operating assets are 220000 and its net operating income is 44000. the company invested in a new
Who are the stakeholders in this situation? What are the potential ethical issues and concerns? What suggestions can you make to reduce these concerns.
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