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Lyons Company consists of two divisions, A and B. Lyons Company reported a contribution margin of $60,000 for Division A, and had a contribution margin ratio of 30 percent in Division B, when sales in Division B were $240,000. Net operating income for the company was $22,000 and traceable fixed expenses were $45,000. How much were Lyons Company's common fixed expenses?
"Fair Value" Imagine that you are a consultant working on a special project to help a company determine techniques that it can use in order to calculate the fair value of investments. From the e-activity, prepare a report to management in which you c..
woodpecker co. has 296000 in accounts receivable on january 1. budgeted sales for january are 860000. woodpecker co.
What portion of consolidated retained earnings is assigned to the non-controlling interest in the consolidated balance sheet.
Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the effective-interest method.
utech company bottles and distributes livit a diet soft drink. the beverage is sold for 50 cents per 16-ounce bottle to
Partnerships have various advantages over corporations. However, one of the major disadvantages for a partnership versus corporations is the liability issue. Does the addition a of limited partnership (LP) and limited liability partnership (LLP) i..
mayer instrumentation sold a depreciable asset for cash of 490000. the original cost of the asset was 1580000. mayer
what is the definition of the standard of due professional care and how might a court decide whether an audit firm met
This problem belongs to Basic Accounting and it discuss about calculation of variable overhead spending variance, fixed overhead budget variance, variable overhead efficiency variance, fixed overhead volume variance
Parker industries is analysing a 200000 equipment investment to produce a new product for the next 5 years. a study of expected annual after tax cashflows from the project produced the following data. using a hurdle rate of 14% calculate the proba..
many organizations have been in the news over the past few years due to accounting ethical breaches that have affected
Ralston is the sole proprietor of Cut & Curl
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