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For a recent operating period, the Bayside Division of Fairhaven Corporation had sales of $400,000, net operating income of $30,000 (cost of goods sold is $250,000 and operating expenses are $120,000), and average operating assets of $320,000. Several Bayside managers have developed a plan to reduce operating expenses by 10%. What is the impact of this proposed reduction on margin, turnover, and ROI?
Compute the amount of Coaches and Carriages' net income (or loss) for 2009 assuming that no dividends were paid and the owners made no additional contributions during the year.
at december 31 2007 angie brandt corp. has assets of 10000000 liabilities of 6000000 common stock of 2000000
the molding department of kennett company has the following production data beginning work in process 25000 units 60
why would depreciation be more for tax purposes than for book? Is this legal? If so, is a company required to have different depreciation methods for book and tax purposes?
sonne company produces a perfume called whim. the direct materials and direct labor standards for one bottle of whim
consider the following table of revenue and costs at the end of the
What assumption or concept of the accounting conceptual framework has been violated if the owner of a company purcahses a tv for her own personal use on her own personal credit card. But she instructs her bookeeper to debit equipment and credit ca..
at the beginning of 2012 cooper corporation had 280000 shares of 10 par common stock outstanding. during the year it
royal carpet cleaning provided 90000 of services during 2011 its first year of operations. all customers paid for the
sohr corporation processes sugar beets that it purchases from farmers. sugar beets are processed in batches. a batch of
alpha great construction was best selection to build stoddard temple for the amount of 2500000. the projecct brole
saturn issues 6.5 five-year bonds dated january 1 2011 with a 500000 par value. the bonds pay interest on june 30 and
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