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A machine costs $180,000 and is expected to yield an after-tax net income of $10,800 each year. Management estimates the machine will have a ten-year life, a $20,000 salvage value, and straight-line depreciation is used. Compute the accounting rate of return for the investment.
Calculate the manufacturing cost markup needed to obtain a target profit of $100,000.
the charges to work in process-assembly department for a period together with information concerning production are as
What General Fund journal entry should Grand Marais make on May 6, to record the approved purchase order?
Arnold purchased interests in two limited partnerships 6 years ago. During 2010, Arnold had income of $22,000 from one of the partnerships. He had a loss from the other partnership of $32,000, salary income of $35,000 and dividend income of $2,000..
shirts unlimited operates a chain of shirt stores that carry many styles of shirts that are all sold at the same price.
instructionsa journalize the closing entries at april 30.b post the closing entries to income summary and retained
which of the businesses is most likely to use process costing? answer chemical plant architectural firm dentists office
Prepare the journal entry to recognize the income tax benefit of the operating loss in 2011. Fores elects the carryback option.
lionel company has beginning work in process inventory of 220000 and total manufacturing costs of 900000. if ending
A firm with excess cash and few investment alternatives might logically:
Projected sales for December, January, and February are $60,000, $85,000 and $95,000, respectively. The February expected cash receipts from all current and prior credit sales is ?
i am comparing a companies liquidity between 2 years. in the year 2007 i find it has a higher current ratio a higher
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