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Borderbooks Company has two locations, downtown and at a suburban mall. During March, the company reported net income of $271,000 and sales of $1.2 million. The contribution margin in the downtown store was $320,000. The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location.what are total fixed costs?
Interest was payable semiannually on July 1 and January 1. On July 1, 2011, Goll called all of the bonds and retired them. Bond premium was amortized on a straight-line basis. Before income taxes, Goll's gain or loss in 2011 on this early extingui..
All of this working capital would be recovered at the end of the life of the machine. The company requires a minimum pretax return of 13% on all investment projects. The net present value of the proposed project is closest to:
1. journalize the entries to record the following selected bond investment transactions for southwest bank 1. purchased
mackenzie consulting computes the cost of each consulting engagement by adding a portion of firm wide support costs to
What are deferral and accruals revenue cash of 18,000 on august1, 2007 for one year recorded translation with credit rent revenue. What should be December 31, 2007 adjusting entry
jack and jill are married. this year jack earned 72000 and jill earned 80000 and they received 4000 of interest income
1moe has a law practice and earns 322000 which he reports on his schedule c. his wife mindy works parttime at wal-mart
examine pepsico inc.s consolidated balance sheet on p. a6 in appendix a of financial accounting especially its current
depreciation-change in estimatemachinery purchased for 60000 by tom brady co. in 2003 wasoriginally estimated to have a
Which of the following describes a change in reporting entity?
A firm reports EBIT of $100 million. The income statement shows depreciation of $20 million. If the tax rate is 35% and total capital expenditures and increases in working capital total $10 million, what is the free cash flow to the firm?
How would your answer to Part a. change, if at all, if the FMV of the gift property was $85,000 as of the date of the gift.
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