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A company has sales of $1,500,000, sales discounts of $102,000, sales returns and allowances of $123,000, shipping charges of $15,000, sales commissions of $34,000,net income totaled $263,500, and cost of goods sold of $420,000. What is the gross profit/margin for the period?
whizbang corporation discovered that hazardous waste material was buried on property it now owns by the previous owner.
Compute the pension expense recognized in 2011. Assume the prior service cost is amortized over the average remaining service life of the employees.
Describe what types of internal controls will be designed into the proposed system to provide reasonable assurance that the company's control objectives (safeguarding assets, maintaining adequate records, complying with applicable laws and regulat..
Each year the supervisor prepares an operating budget for the motor pool. The budget informs university management of the funds needed to operate the pool. Depreciation on the automobiles is recorded in the budget in order to determine the costs p..
Differential Analysis for Machine Replacement
write a paper of no more than 750 words in which you discuss the difference between comparative and ratio analysis.
what would the cost schedule of cost of goods manufactured look like and what does the income statement for cost of
describe the good life not necessarily in the hedonistic or material sense though you could if its a fact that reflects
the cardinal company had a finished goods inventory of 55000 units on january 1. its projected sales for the next four
In the beginning of 2012, Ken Corp changed its salvage value of equipment from 3 to 5 years. The change is material in the financial statements.
Johnson's borrowed $150,000 at a 12 percent annual interest rate on April 1, 2010, to expand its boat storage facility. The loan requires Johnson's to pay the interest quarterly until the note is repaid in three years. Johnson's paid quarterly int..
A capital lease or an operating lease and what can Wright do to convert this lease to an operating lease
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