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Instruments company has sales of 1200 units at $60 a unit. Variable expenses are 40% of the selling price and total fixed expenses are $36000. If company expects next year's total sales could increase 12%, they want to know ho this change affects their profit. Calculate DOL and then next year's net income in dollar.
Comment on where the fixed asset and long-term liability associated with the capital lease would be recorded and the impact of the journal entries for a.
Evaluation of total projected sales for the quarter and determine the total projected sales for the quarter.
What are some of the different types of sampling methods available to the auditor? How does the auditor decide which method to use? Explain how might the different methods affect the audit?
What is the difference between the aggregate and entity theory of partnership taxation? Provide two examples of how partnership tax rules reflect the aggregate theory and two examples of how they reflect the entity theory.
Green Company, which began operation on January 1, 1990, appropriately uses the installment method of accounting. The following information is available for 1990: Illustrate what is the total amound of Green's installment sales for 1990?
Evaluate the depreciation expense for year under straight-line depreciation and the Allowance for Doubtful Accounts is necessary.
Effects of various methods of depreciation - How would using the sum-of-the-years'-digits method of depreciation instead of the double-declining-balance method of depreciation affect a gain or loss on the sale of the plant asset?
Which company will have the higher debt/capital ratio (assume no other debt and identical equity)? ABC's debt matures in 18 months and DEF's debt matures in 9 years. Illustrate what would be the effect on your analysis?
Describe the reason for any difference in the ending inventory balances under the two costing methods and the impact of this difference on reported net operating income.
Is a salary that is classified as unreasonable by the IRS disallowed as a deduction to the corporation?
What is the noncontrolling interest's share of the subsidiary's net income for the year ended December 31, 2011 and what is the ending balance of the noncontrolling interest in the subsidiary at December 31, 2011?
Evaluate the cost amount per unit and total manufacturing costs for the production and sale of 5,000 units of cellular phones. Evaluate the product cost markup percentage rounded to two decimal places for cellular phones.
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