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In 2013, X Company's revenue was $206,100, its total variable costs were $121,050, and its fixed costs were $91,300. Assume that the revenue and variable cost relationships continue in 2014, but fixed costs increase by 23%. If the tax rate is 35%, what must revenue be in 2014 in order for X Company to earn $42,000 after taxes? (Round rates to two decimal places.) please have specific steps
The cash flow of a firm which is available for distribution to the firm's creditors and stockholders is called the
on september 17 2013 ziltech inc. entered into an agreement to sell one of its divisions that qualifies as a component
Tom Hughes died in 2009 with a gross estate of $3.9 million and debt of $30,000. He made post-1976 taxable gifts of $100,000, valued at $80,000 when he died. His estate paid state death taxes of $110,200. What is his estate tax base?
shellys boutique is evaluating a project which will increase annual sales by 96000 and annual costs by 37000. the
heartland paper company is considering the purchase of a new high-speed cutting machine. tow cutting machine
Overhead is applied to contracts by using a predetermined overhead rate that is based on direct professional labor cost. Actual professional labor during the year was $655,000 and actual overhead was $793,000.
An acquaintance of yours is considering acquiring bonds as an investment. Your friend states "I will only invest in bonds that sell at a discount. I can't imagine why a person would pay more than maturity value for the bond. That appears to be pla..
Prepare an income statement for Wayside Inc. for the year ended December 31, 2010. (List multiple entries from largest to smallest amounts, e.g. 10, 5, 1.)
What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually?
the smelting department of mathews manufacturing company has the following production and cost data for
What was the amount of cash payments to stockholders during the year?
You are in the role of a consultant with ten years experience in the health care insurance industry. A group of 20 doctors are considering forming a new medical group and have asked you to prepare a report on whether they should build a facility in a..
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