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For August McGuire manufactering estimated sales revenue at $200,000. It pays sales comissions that are 4% of sales. The sales managers salary is $95,000, estimated shipping expenses total 1% of sales, and miscellanes selling expenses at $5,000. How much are budgeted selling expenses for the month of september if sales are expected to be $180,000?
what is the 2011 AMT adjustment requiered as a result of the sale of the assets?
Quillen Company is performing a post-audit of a project completed one year ago. The initial estimates were the project would cost $250,000, would have a useful life of 9 years, zero salvage value, and would result in net annual cash flows of $46,0..
ohs solutions pty. ltd. is a company formed by three friends des satish and emma who bring different skills and
Nygaard sports single product is purchased for $30 per unit and resold for $53 per unit. the expected inventory level of 4750 units on december 31, 2009, is more than the managements desired level for 2010, which is 20% of the next month's expecte..
davenport inc. offers a new employee a lump-sum signing bonus at the date of employment. alternatively the employee can
Prepare general journal entries for the following transaction of a new business called Pose for Pics. (please use Excel)
what is the effect on the general funds unreserved fund balance when capital assets are purchased during a year from
Marriott International, Inc., and Wyndham Worldwide Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year
What is" balance sheet exposure". When converting a balance sheet from one currency to another currency what rate do we use? Are all balance sheet accounts adjusted as of the balance sheet date?
Peterson Company purchased machinery for $480,000 on January 1. 2009. Straight-line depreciation gas been recorded based on a $30,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2013 at a gain of $9,000.
Prepare the journal entries for both companies in March 2018 to record the exercise of the warrants.
in 2008 margaret john murphy are married tax payers who file a joint tax return with agi of 25000. during the year they
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