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A company desires to sell a sufficient quantity of products to earn a profit of $120,000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $240,000, how many units must be sold to earn net income of $120,000?
the balance sheet caption for common stock iscommon stock no par value 7000000 shares authorized 4600000 shares issues
research a company that has been in the news for unethical practices such as enron tyco global crossing or
effect of product versus period costs on financial statements hoen manufacturing company experienced the following
A company issued 10%, 10 year bond payable with a par value of 720,000. The bonds were issued for 817,860 cash, which provided the holders an annual yield of 8%. Prepare a journal entry with a straight line method for the first semiannual interest..
in a certain store the profit is 320 of the cost. if the cost increases by 25 but the selling price remains constant
Determine the payback period and unadjusted rate of return (use average investment.) for each alternative. Indicate which investment alternative you would recommend. Explain your choice.
Norek Corp. owned 70% of the voting common stock of Thelma Co. On January 2, 2006, Thelma sold a parcel of land to Norek. The land had a book value of $32,000 and was sold to Norek for $45,000.
s company reports the following annual cost data for its single productnormal production level 75000 units direct
on june 30 2011 vende inc. sold some used equipment for 28000. the equipment had been purchased several years ago for
Collins, Inc., a domestic corporation, operates a manufacturing branch in Singapore. During the current year, the manufacturing branch produces a loss of $300000.
when you are preparing journal entries and the event is 4000 in supplies were used how do you record that as a debit
the embroidery shoppe had beginning retained earnings of 18670. during the year the company reported sales of 83490
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