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The Radek Company uses cost-plus pricing with a 30% mark-up. The company is currently selling 80,000 units at $65 per unit. Each unit has a variable cost of $47. In addition, the company incurs $240,000 in fixed costs annually. If demand falls to 40,000 units and the company wants to continue to charge the same price what profit margin percent will the company earn?
evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit
michael just graduated from college and has his first job. his salary is that of an entry-level employee so he has to
For the year ended February 28, 2009, Best Buy reported revenue of $45,015 million. Its gross profit was $10,998 million. What was the amount of Best Buy's cost of merchandise sold?
pampq company has provided you the following information. monthly fixed expenses are 5000 usd and variable expenses per
determine the principal advantages and disadvantage of issuing 30-year bonds over 5-year bonds for the companies you
Suppose you take out a $15,000 loan at a 8% nominal annual rate. The terms of the loan require you to make 12 equal end-of-month payments each year for 5 years and then an additional balloon payment of $5,000 at the end of the last month. What wil..
On January 1, 2011, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock. These securities were classified as trading securities.
logan companys budgeted sales and direct materials purchases are as follows.budgeted sales budgeted d.m.
Dillon Corporation splits its common stock 2 for 1, when the market value is $40 per share. Prior to the split, Dillon had 50,000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock:
Prepare the journal entries for both companies in March 2018 to record the exercise of the warrants.
At the time of the distribution, the common stock was valued at $90 per share, and the preferred stock was valued at $20 per share. What is Kira's adjusted basis in the preferred stock, and when does her holding period begin?
Nicole, an accountant, agrees to contribute her services (worth $25,000) in organizing Indigo. The corporation's stock is distributed equally to Kevin and Nicole. As a result of these transfers:
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