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A study has been conducted to determine if one of the departments in Parry Company should be discontinued. The contribution margin in the department is $50,000 per year. Fixed expenses charged to the department are $65,000 per year. It is estimated that $40,000 of these fixed expenses could be eliminated if the department is discontinued. These data indicate that if the department is discontinued, the company's overall net operating income would:
micro spinoffs inc. issued 10-year debt a year ago at par value with a coupon rate of 6 paid annually. today the debt
tesla investors believe that when tesla begins selling mid-priced vehicle 40000 range in about 2017 it will become
What basis will Cardinal Corporation have in the assets acquired from Finch Corporation?
Milton's bonds pay interest semi annually on July 1 and January 1. If its fiscal year ends on September 30, which statement is true for Milton's year-end adjusting journal entry for bond interest?
Provide the necessary journal entries to record the transactions for Wilcox for the period January 2, 2011 through December 31, 2012.
state college technology store is a retail computer store in the university center of a large mid-western university.
assume your grandparents have just given you 20000 on the condition that you invest the money in the stock market. as
The kurten corporation is authorized to issue $500000 0f 8% bonds interest on the bond payable semiannually ;the bond are dated january 1,2010 and are due december 31,2015
last year flynn company reported a profit of 72000 when sales totaled 522000 and the contribution margin ratio was 32.
davids capital account began the year with a balance of 45900. during the year davids share of the partnership income
It will hold the shares in the treasury until resold. On November 1, the corporation sells 1,000 shares of treasury stock for cash at $70 per share. Journalize the treasury stock transactions.
on january 1 2011 charlie corporation acquired all of the net assets of rocky corporation for 2000000. the following
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