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Currently the sales clerks receive a salary of $17,000 per month in Store Q. A proposal has been made to change from a fixed salary to a sales commission of 5%. Assume that this proposal is adopted, and that as a result sales in Store Q increase by $40,000.
The new segment margin for Store Q should be? Show all work.
assume the same facts as in problem c11-43. assume further that raider corporation reports 75000 of ordinary income
On July 30, the controller of Monroe purchased 1,000 shares of TNC for the corporation at $8 per share as the stock had received a favorable recommendation from the corporation's financial advisor. What are the tax consequences of these transactio..
A bond issued by the State of Pennsylvania provides a 7% yield. What yield on a Synthetic Chemical Company bond would cause the two bonds to provide the same after-tax rate of return to an investor in the 35% tax bracket?
The following product line information is for the Home Deal Company. The company is considering dropping its Children's product line due to poor operating income performance. Fixed expenses are allocated to each product line based on sales revenue..
on april 8 2011 kelly purchased new office furniture for her business that cost 170000. what is the maximum deduction
Under current U.S. laws, when does a fund (and its advisers) need to register with the SEC?
Who will be represented (this might be a consumer group, the mental health or AOD industry or a particular community group) What the scope, scale and parameters of your role as representative will be and what lines of reporting and accountability w..
Dropping a product line, selling more tours. Nelson River Tours, a division of Old World Travel, offers two types of guided fishing tours.
the gilster company a machine tooling firm has several plants one plant located in st falls minnesota uses a job order
instructionsa journalize the closing entries at april 30.b post the closing entries to income summary and retained
1. Competitive advantage can best be described as: 2. Which one of the following factors is considered to make an organization's resources unique?
Prepare an income statement for 2015 and a balance sheet as of December 31, 2015. Also, prepare the pension expense journal entry for the year ended December.
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