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The forecast income statements are as follows:
WORKINGS
Sales = 50000 × 1·12 = $56000000
Variable cost of sales = 30000 × 1·12 × 0·85 = $28560000
Fixed cost of sales = 30000 × 0·15 = $4500000 (assumed to be constant)
Administration costs = 14000 × 1·05 = $14700000
Interest under debt financing = 300 + (5000 × 0·1) = 300 + 500 = $800000
The following information for Cooper Enterprises is given below: December 31, 2013 Assets and obligations Plan assets (at fair value) $200,000 Accumulated benefit obligation 370,00
How to calculate fair value of long-lived asset when the information about fair value is not available?
assets&what are the different type of asset
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Beginning balance 24,000 cash Sales 250,000 Gross profit 45% of sales Accounts receivable increase by 24,000 Accounts payable increased by 51,000 Inventory increased by 98,000 Sell
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One of the initial and the most general questions regarding an investment optional is the time period needed to double the investment. One clear way is to consider to the table of
A player for a Rice team, Jim Jones, is graduating this year and is considering a career in professional sports. The alternative is to work for two years and then attend business s
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