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Foster Company makes power tools. The budgeted sales are 420,000, budgeted variable costs are 147,000, and budgeted fixed costs are 227,000.What is the contribution margin?
During bankruptcy, US Corporation debt was reduced from $780,000 to $400,000. USA Corporation's assets are valued at $500,000. USA's NOL carryover was $400,000.
discuss the objectives for week three. your discussion should include the topics you feel comfortable with any topics
record the following stockholders equity journal entries on the provided general journal template. each situation is
the cardinal company had a finished goods inventory of 55000 units on january 1. its projected sales for the next four
In a statement of cash flows, all of the following would be classified as operating activities except:
Dynamic Leaders Inc. reported the following results for the yearending July 31, 2008. Prepare a retained earnings statement for the fiscal year ending July 31, 2008
Set up one T- account for Deere's total inventories ( that is, combine the three inventory accounts for this analysis) Enter the 2011 (i.e. the 2012 opening balance) and 2012 ending balances in the T account
Please address the differences in creating budgets for the following entities: manufacturing, non-manufacturing, serviced-based business, and not-for-profit organizations.
on june 1 2004 xyz company paid 360000 to purchase land building and equipment. the market value of these assets on
Ideally, which of the following type of assets should be financed with long-term financing?
Assume that revenue is to be recieved at each year end. and the machine has a useful life of three years with zero salvage value. Management requires a 12% return on its investments. what is the net present value of this machine?
rugby rocks inc. had a retained earnings balance of 12000 at december 31 2010. the company had an average income of
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