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For Litz Company, variable costs are 68% of sales, and fixed costs are $209,470. Management's net income goal is $68,610. Instructions: Compute the required sales needed to achieve management's target net income of $68,610. Use the mathematical equation approach. ?
1.the employer will match the employees social security and medicare contribution.2.the taxable earnings column of a
using the percentage of receivables method for recording bad debts expense estimated uncollectible accounts are 33000
Angela Moss and Autumn Barber organize a partnership on January 1. Moss's intial net investment is 75,000 consisting of cash 17,500, equipment 82,500 and note payable reflecting a bank loan for a new business 25,000. Barber's initial investment is..
Arnold Corp has a selling price of $20, variable costs of $15 per unit, and fixed costs of $25,000. If Arnold sells 12,000 units, the contribution margin ratio will equal:
from the e-activity in terms of which takes precedence and provides the most information evaluate the potential
After selling the assets and paying the liabilities, the partnership has cash of $92,000. How much cash will each partner receive in the final liquidation?
titus corporation and vane corporation two companies of roughly the same size are both involved in the manufacture of
a 400000 capital investment proposal has an estimated life of four years and no residual value. the minimum desired
a manufacturing concern follows the practice of charging the cost of direct materials and direct labor to work in
skinner company has the following contingenciespotential costs due to the discovery of a possible defect related to one
corporation has determined the contribution margin ratio is 35 and the income tax rate is 40.requireda assume
a company had net cash flows from operations of 71400 cash flows from financing of 354000 total cash flows of 267750
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