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Loren Company's single product has a selling price of $15 per unit. Last year the company reported total variable expenses of $180,000, fixed expenses of $90,000, and a net operating income of $30,000. A study by the sales manager discloses that a 15% increase in the selling price would reduce unit sales by 10%. If her proposal is adopted, net operating income would?
Required: Assuming that these two companies retained their separate legal identities, prepare a consolidation worksheet as of December 31, 2009.
Using the book value method, record the conversion of $9 million of bonds into common stock with a $10 par value if the conversion occurred when the market price of the common was $24 per share, and total convertible debt outstanding amounted to $..
How should cost versus usage percentages be assessed and Analyzed? This area will need to address actual costs compared to edible portion costs. It should also include how waste affects costs. 100-150 words
1. pimples signs a contract to purchase a parcel of land. the contract recites that 44 acres are being sold. it
on may 1 2011 newby corp. issued 600000 9 5-year bonds at face value. the bonds were dated may 1 2011 and pay interest
on january 1 year one big company buys 10 percent of little company for 200000 and has the ability to assert
Paquindo Co. has two products: X and Y. The firm had the following budget and operating results for the period just ended. The budgeted total industry sales for both products was 324,800 units and the actual industry sales was 350,000.
brandywine homecare a not-for-profit business had revenues of 12 million in 2011. expenses other than depreciation
during 2009 the ellis corporation had 370000 shares of 20 par common stock outstanding. on january 1 2009 2000 8
the east company manufactures several different products. unit costs associated with product ord203 are as
why might an operating manager prefer seeing a variable costing income statement over the traditional
a shana purchased a car for 30000 by putting 20 down in cash with the balance due as a note payable. journalize this
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