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Strong Wood Company is a distributor of patio furniture. Data concerning the next month's budget appear below.
Selling price $290.00
Variable expense $174.00
Fixed expense $158,000.00
Unit sales 1,500 units per month
a. What is the company's margin of safety? (Please show all work so I am able to learn the formulas)
b. What is the company's margin of safety as a percentage of sales? (Please show all work so I am able to learn the formulas)
Prepare a classified balance sheet for apple for the current year ended sept. 27. If short term investments = 1170 is given.
On April 1, Quality Corporation, a U.S. company, expects to sell merchandise to a French customer in three months, denominating the transaction in euros.
I really want to understand how to work this problem out from start to finish. It is a short term gain of 200 dollars.
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The company also sells dinnerware that is purchased from unrelated foreign producers. During the tax year 2010, Maria had a U.S. profit of $1.2 million (QPAI) and a profit from the imported merchandise of $100,000. What is Maria's DPAD?
Sepracor, Inc., a drug company, reported the following information. The company prepares its financial statements in accordance with GAAP.
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How do the calculation and comparison to previous years of the gross margin percentage and the ratio of accounts receivable to sales are related to the conformation of accounts receivable and other tests of the accuracy of accounts receivable?
Which of the following statements applying to the use of the equity method versus the cost method is true?
base on three preceding situations, explain the effects of the disposal of an asset??
KMR Company provided repair service of $2,600 to a customer who paid $1,400 and promised to pay the remainder next month. How do i enter this transaction in the journal?
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