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Suppose Sandy sales 1,000 posters. Her average sale price is $32 and her average cost for posters is $12. her fixed expenses total $12,000 Compute her operating leverage factor. If sales volume increase 4%. What chart percentage will her operating income change? Prove your answer. (Your answer should be two decimal places). Formula: Contribution Margin / Operating Income. If sales volume increase 4%, by what percentage will her operating income change? (Round the percentage to nearest percent).
The following January, Shaver announced a $100,000 net income for 2011 and declared a cash dividend of $.50 per share on its 100,000 shares of outstanding common stock. The Northwick Company dividend revenue from Shaver Corp. in January 2011 would..
how would you define dependent and independent variables? what is their significance in research? explain with
What is the service life on an asset How do we determine the service life of an asset under straight line and activity based depreciation Give an example of how a business might determine the service life under straight line and activity based dep..
The High and Dry Boat Company has $120,000 of 15% bonds outstanding along with 2,000 shares of $2.50 (dividend) preferred stock and 3,000 shares of common stock.
r.c had earnings per share of 8 in year 2010 and it paid 4 dividend. book value per share at years end was 80. during
If the drill press costs $10,000 determine the expected benefit to cost ratio of the project using a MARR of 15%. Should the automated drill press be purchased?
In the month of June, Paula's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $32. During the month, fixed costs were $17,664 and variable costs were 77% of sales.
The Zoe Corporation has the following information for the month of March. Prepare a (a) schedule of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c) prepare only the inventory section of the balance shee..
The two optional steps in the accounting cycle are preparing? a) a post-closing trial balance and reversing entries b) reversing entries and a worksheet c) an adjusted trial balance and a post-closing trial balance d) a worksheet and post-closing tri..
What are the costs and benefits to Apple from disclosing this information? What issues does this change raise for the auditor? What additional tests would you want to conduct as Apple's auditor?
Northern Company's actual manufacturing overhead is $2,500,000. Overhead is allocated on the basis of direct labor hours. The direct labor hours were 25,000 for the period. What is the manufacturing overhead rate?
What is designated market value?
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