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A data of an small scale business are given as Sales = $ 5,00,000 Ratio( Profit Volume) = 50%, Cost (Fixed) = $ 1,00,000. Calculate all its Cost (variable), Profit and contribution.
hawi inc. has net income of 200000 average shares of common stock outstanding of 40000 and preferred dividends for the
a proprietor mr. a has reported a profit of rs. 125000 at the end of the financial year after taking into consideration
If no net gain (loss) was carried in accumulated OCI at the beginning of the year, the amount of net gain (loss) subject to required amortization for the current year is:
There were no other transactions which affected the companies' land accounts during 2006. What is the consolidated balance for land on the 2006 balance sheet?
On January 6, Arneson Co. sells merchandise on account to Cortez Inc. for $9,000 terms 2/10, n/30. On January 16, Cortez Inc. pays the amount due. Prepare the entries on Arneson's books to record the sale and related collection.
Calistoga Produce estimates bad debt expense at ½% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650 respectively, at December 31, 2010.
How does the auditing profession work to create or communicate a reasonable set of expectations that users should hold? To what extent do you believe that user expectations of the public accounting profession appear to you to be unwarranted? Explain..
What amount of the acquired capital loss of $80,000 can be used to offset Gate Corp. net capital gain for 2010?
The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:
zodiac company has decided to introduce a new product which can be manufactured by either a computer-assisted
jackson has the choice to invest in city of mitchell bonds or sundial inc. corporate bonds that pay 10 interest.
a accounts titles and the accounting equation the following account titles were drawn from the general ledger of gutter
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