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In 2012, Y Company's revenue was $205,200, its total variable costs were $76,950, and its fixed costs were $89,400. Assume that these revenue and cost relationships continue in 2013, but fixed costs increase by 24%. If the tax rate is 40%, what must revenue be in 2013 in order for Y Company to earn $47,100 after taxes?
A corporation sold 14,000 shares of its $10 par value common stock at a cash price of $13 per share. The entry to record this transaction would include:
refer to deana inc. if deana inc. had 20000 in beginning inventory and sold goods costing 300000 what is the ending
when a credit customer returns merchandise to the seller under a perpetual inventory system the seller would debit
loyola international inc. is considering adding a portable cd player to its product line. management believes that in
Jason borrows $50000 from his father and promises to pay it back over the next 10 yrs making equal annual end of the year payment .Calculate the amount of each payment if the annual interest rate is 9%.
The following information concerns the Dormnat Company, which manafactures one product and uses astandard cost system.
kimm company has gathered the following information about its product.direct materials each unit of product contains
manufacturing company is a partnership among yolanda gonzales willie todd and linda yeager. the partnership contract
classify each of these items as an asset a liability l or stockholders equity se. a. accounts receivable b. accounts
the st. vincent manufacturing company produces a single product in a single processing department. the material is
Journalize May transactions. post entries to general ledger, Prepare trail balance ,Prepare income statement, owners' equity statement and balance sheet.
What has been the effect of this practice on accounting? What is its relation to the accrual system? What influence has it had on accounting entries and methodology?
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