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Roll in the Hay, Inc., provides harvesting services. In June, the business earned $3,600 by cutting, turning, and baling 6,000 bales. During the month, the following costs were incurred: gas, $900; tractor maintenance, $360; and labor, $1,200. Annual tractor depreciation is $3,000. What was the company's cost per bale? What was its revenue per bale? Round your answers to the nearest cent.
Should the price per bale be increased?
Calculate the change in the net operating income if an $8,000 increase in the monthly advertising budget would increase monthly sales by $15,000
Joe operates a business that locates and purchases specialized assets for clients, among other activities. Joe uses the accrual method of accounting but he doesn't keep any significant inventories of the specialized assets that he sells.
In what ways do the elements of the financial statements interact with one another? How might changing one of the financial statements affect the other financial statements?
The introductory section of a CAFR typically includes all of the following except
On June 1, Year 5, the common stock split 3 for 1, and the company redeemed one-half of the preferred stock at par value. Cooper Inc.'s net income for the year ended May 31, Year 6 was 10% higher than in Year 5. Basic earnings per share in Year 6 ..
Computer inc purchase supplies for $1000 doing 2102, at the end of the year computer had $800 supplies left. The adjusting entry should be ?
an office building was purchased on december 9th several years ago for 2500000. the purchase price was allocated as
Penguin purchased seven-year MACRS property in the current year for $80,000. No?179 election was made. The property has a 10-year ADR midpoint life. Determine Penguin's taxable income and current E&P.
a parent holding company sells shares in its subsidiary such that the parent now owns only 65 of the subsidiary and
sapp truckings balance sheet shows a total of noncallable 45 million long-term debt with a coupon rate of 7.00 and a
calculating net asset value. given the information below calculate the net asset value for the boston equity mutual
The Ricardo trust is a simple trust that correctly uses the calendar year for tax purposes. Its income beneficiaries (Lucy and Ethel) are entitled to the trust's annual accounting income in shares of one-half each.
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