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Sasha Company allocates the estimated $199,300 of its accounting department costs to its production and sales departments since the accounting department supports the other two departments particularly with regard to payroll and accounts payable functions. The costs will be allocated based on the number of employees using the direct method. Information regarding costs and employees follows:
Department EmployeesAccounting 4Production 39Sales 10
How much of the accounting department costs will be allocated to the production?
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Texas Products Inc has a division which makes burlap bags for the citrus industry. The unit has operating fixed expenses of $12,000 per month, and it must sell 42,000 bags per month at $2.50 to break even.
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Determine the sustainable growth rate of a firm with the following selected financial results?
A major chemical manufacturer has experienced a market re-evaluation lately due to number of lawsuits. The Company has a bond issue outstanding with fifteen years to maturity and a coupon rate of 8%
DNA Corporation issued $4,000,000 in 8%, 10-year bonds on February 1, 2010, at 115. Semiannual interest payment dates are January 31 & July 31.
At my work, I support a particular group of people with back up assistance of a consultant from a third party supplier. This third party supplier backs me up as well as a colleague of mine who supports an entirely separate group of customers.
Toyota Motor Credit Corp (TMCC) a subsidiary of Toyota Motor offered some securities for sale to the public on March 28, 2008. Why would TMCC be willing to accept such a small amount today in exchange for a promise to repay about four times that am..
The following selected data is taken from the records of Beckstrom Company. Make an income statement for the year ended December 31, 2006.
Calculation of Firms growth Rate and Capital Gains Yield at given dividend options - Find the Capital Gains Yield?
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