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last year a company reported $750,000 in sales and a net operating income of $25000. At the break even point, the company's total contribution margin equals $50000. Based on this information the company is A contribution margin is 40%. break even point is 24000 units.variable expense is $9. variable expense are 60% of sales?
Assume the same facts except that Loon's long-term capital gain is $100,000 (instead of $60,000). Compute Loon's taxable income for the year.
assume that apple has received a special order from a retailer for 1000 specially outfitted imacs. this is a one-timer
Assuming that Little uses the straight-line method of amortization and that the bonds are appropriately classified as available-for-sale, what would the net carrying value of the bonds be shown as on Little's December 31, 2007, balance sheet?
Roskoff subsequently paid this balance. At December 31, 2009, an analysis of the accounts receivable aging schedule indicated the need for an allowance for uncollectible accounts of $14,900.
Thor is thinking about leaving Australia in 2014/15 with his father Odin to live in Asgard (Denmark). Thor owns his home in Lyons (Darwin) and he’s wants to know whether for tax purposes he should rent his home to his friend Erik
otthars amusement center contains a number of electronic games as well as a miniature golf course and various rides
on february 1 2012 pat weaver inc. pwi issued 8 1200000 bonds for 1500000. pwi retired all of these bonds on january 1
one company purchases all of the outstanding shares of another company. the acquiring company incurs the following
jeelani construction company is composed of two divisions 1 home construction and 2 commercial construction. the home
Beth, who died in January 2012, was survived by her husband, Ben. Beth's federal gross estate was equal to $6,000,000 on the date of her death.
1 large corporation acquired and placed in service the following 100 business-use alerts. large did not elect sec. 179
stillwater designs rebuilds defective units of its s12l7 kicker speaker model. during the year stillwater rebuilt 7500
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