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Luxottica Group, the Italian company that sells Ray Ban and Oakley sunglasses, reported net sales of 7.1 billion in 2012 and 6.2 billion in 2011. Gross profit increased from 4.1 billion in 2011 to 4.7 billion in 2012. Was the increase in gross profit caused by (a) an increase in gross profit per sale, (b) an increase in sales volume, or (c) a combination of (a) and (b)?
from the following information for alfred industries compute the overhead spending variance and the volume
The physical units are the car seats
If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Connors Corporation acquired manufacturing equipment for use in its assembly line. Below are four independent situations relating to the acquisition of the equipment. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use a..
Oneonta & Co. owns equipment with a cost of $300,000 and accumulated depreciation of $120,000.
At the time of purchase, the equipment had a list price of $20,000. When the balance sheet was prepared, the value of the equipment later rose to $22,000. What is the relevant amount at which to present the equipment on the balance sheet?
Prepare the operating activithe ties section of statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
1. direct vs step methodlist 2 advantages of using the direct cost allocation method over the step cost allocation
Change if the passive loss is only 320,000 rather than 333,000?
Assuming the company uses variable costing, calculate Polk's manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.)
If a parent company and outside investors purchase shares of a subsidiary in relation to existing stock ownership (ratably)
Is the shirt a negotiable instrument? For extra points, how many years does he get to spend in a federal prison for messing with the IRS?
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