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In the month of June, Angela's Beauty Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 80% of sales.
(a)Determine the contribution margin in dollars, per unit, and as a ratio.(b)Using the contribution margin technique, compute the break-even point in dollars and in units.(c)Compute the margin of safety in dollars and as a ratio
The buyer paid him $110,000 in cash, agreed to take the title subject to the $190,000 mortgage, and agreed to pay him $80,000 with interest at 9 percent one year from the date of sale. How much is Louis' recognized gain on the sale?
The company had 110,000 shares of stock outstanding which sold at a price of $56 per share. By how much did the firm's market value and book value per share differ?
crede inc. has two divisions. division a makes and sells student desks. division b manufactures and sells reading
allowance for doubtful accounts has a credit balance of 677 at the end of the year and an analysis of accounts in the
consider a multiple-choice examination with 50 questions. each question has four possible answers. assume that a
problem v - 20 points klingon company operates a free cafeteria for the benefit of its employees. budgeted and actual
Scot and Vidia, married taxpayers, earn $240,000 in taxable income and $5,000 in interest from an investment in City of Tampa bonds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? What is their ave..
financial anaylsis on the web byp11-6 however instead of using reportgallery go to click on company directories and
gray has a current capital structure consisting of 400000 of 12 annual interest debt and 50000 shares of common stock.
What is possible "consequence" of using the allowance method rather than the direct write-off method? The method fits the matching principle, is GAAP, the SEC likes it better, sounds better for investors, what could be bad?
julio exchanged his 350000 of bonds and 75000 of stock basis 10000 in calcite corporation for 50000 of stock and 375000
lee financial services pays employees monthly. payroll information is listed below for january 2013 the first month of
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