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In Davis Corporation's most recent fiscal year, the company reported pretax earnings of $215,000.Fixed costs totaled $325,800, the unit selling price of the firm's only product was $60, and the variable costs per unit were 40% of the selling price. Based on this information, the firm's break-even point in units was:
a. 13575 unitsb. 15023 unitsc. 13750 unitsd. 9050 unitse. 8750 units
The cash register tape for Leprechaun Industries reported sales of $7,783.12. Record the journal entry that would be necessary for each of the following situations: (a) Cash to be accounted for exceeds cash on hand by $52.60.
you have been employed as a entry level management accountant for a little under a year. you suspect that your
What would the normal balance be of a liability account a post closing trial balance? A revenue account? Drawing? Explain.
Which of the following factors influences the spread between forward and spot rates?
statements of retained earning in its most recent financial statements newhouse inc. reported 50 million of net income
The goal is to apply learned concepts and later build a strategic marketing plan for your product or service. You will not be allowed to mimic plans or ideas from larger or already "in-place" campaigns. You must think on your own two feet.
assume that the company produces and sells 86000 units during the year at the selling price of 7.81 per unit. prepare a
the availability of funds effects the capital budgeting decisions. the amount of funds available for capital
Network Communications has total assets of $1,400,000 and current assets of $600,000. It turns over its fixed assets 4 times a year. It has $300,000 of debt. Its return on sales is 5 percent. What is its return on stockholders' equity?
hi-tek labs performs steroid testing services to high schools colleges and universities.because the company deals
write answers for below questions in detailso explain the components of cost-volume-profit analysis.nbsp o what does
1. cpa smith is the executive in charge of the pompano office of the audit firm. he is responsible for the practice in
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