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Net Sales 400,000 Net Income Before Income Tax 25,000 Income Tax Expense 3,750 Net Income After Income Tax 21,250 Total Assets 160,000 (1.) Rate of return on net sales (2.) Rate of return on total assets (3.) Asset turnover?
2. The Bernard Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the date of issue, the annual market rate for these bonds is 10% and the selling price is 87 ½ .
please help me with these problems merry -go -around mgr a clothing retailer located primarily in shopping malls was
Slanted Building Supplies purchased 32 percent of the voting shares of Flat Flooring Company in March 20X3. On December 31, 20X3, the officers of Slanted Building Supplies indicated they needed advice on whether to use the equity method or cost me..
oslo company prepared the following contribution format income statement based on a sales volume of 1000 units the
1.why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system? 2. why is the activity-based costing unacceptable for external financial reports?
The Inn's variable overhead costs are driven by the number of guests. What would be the total budgeted overhead cost for a month if the activity level is 70 guests?
Using the estimated sales and production of 10,000 pairs of skis as the expected volume, the accounting department has developed the following cost per pair of skis and bindings:
On January 1, 2012, a foundation made a pledge to pay $ 30,000 per year at the end of each of the next five years to the Cancer Research Center, a non-profit voluntary health and welfare organization as a salary supplement for a well- known resear..
Describe the methodology for the direct and indirect cash flow methods including the major cash flow categories of operating, investing, and financing activities and give examples of each activity. Describe the relationship between the beginnin..
problem break-even analysis pricing lo1 lo4 lo6detmer holdings ag of zurich switzerland has just introduced a new
How might the company's control system be designed to foster high ethical standards regarding reimbursement claims and other issues?
Two methods can be used for producing expansion anchors. Method A costs $80,000 initially and will have a $15,000 salvage value after 3 years.
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