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Question - You rent a store for $1,000 per month, which includes all utilities, effective from December 1. During December you bought 10 pieces of antique furniture for resale purpose all for $2,000. The estimated average cost of each antique furniture is about $200. In December you install store fixtures and equipment for $1,500. In December you sold 3 items for $400, $443 and $600 respectively. Calculate the gross profit for the month ended December 31.
By reducing labor and other operating costs, the machine would provide annual cost savings of $59,000. The company requires a minimum pretax return of 12% on all investment projects. The net present value of the proposed project is closest to:
Question - Combs, Inc., reports the following information for September. If sales double in October, what is the projected operating income
Construct a strategy from which an investor can earn a riskless profit. Assume the 1-year forward price on the bond is $125
Create four research objectives and four research Questions for above case. Develop at least four hypothesis in various formats
You are required to prepare the adjusting journal entries for the 30 June. Bank loan was obtained 1.2.2020. The interest on the loan is 3% per annum
What is a contra-revenue account? Give two examples of contra-revenue accounts. What is a sales discount? What is the effect of a sales discount on the total sales revenue of the seller?
You are asked to advice regarding both leases, operating and financial lease. What advice will you give your CEO
Setting up equipment is based on setup hours, and other overhead is based on oven hours. How much Total Overhead is assigned to the Product Line - Fudge
Subsequently, A Company received P50,000 in lieu of share dividends. What is the journal entry to record the receipt of the dividends
1.Delta Airlines provides scheduled air transportation services in the United States.
If the company's products have an average gross profit of 25 percent, calculate the estimated cost of ending inventory, using the gross profit method
the Baldwin company begins to compete through good designs, high awareness and easy accessibility for their existing products
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