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A company has three product lines, one of which reflects the following results:
Sales $215,000
Variable expenses 125,000
Contribution margin 90,000
Fixed expenses 140,000
Net loss $ (50,000)
If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the company's net income will
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the press report carried the following news item general motors ford and chrysler are expected to post losses on
rovniak reeds a manufacturer of saxophone oboe and clarinet reeds has projected sales to be 890000 in october 950000
Assume that the fair value of the Dryer division is $1,100,000 instead of $1,250,000. Prepare the journal entry to record the impairment loss, if any, on December 31, 2004.
If bad debt expense for the year was $52,000, and if credit sales for the year were $8,100,000, and $7,300,000 was collected from credit customers, what was the beginning-of-year balance in accounts receivable? What is the beginning balance in a/r..
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Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2010.
kosmier company has outstanding 500000 shares of 50 par value common stock that originally sold for 60 per share.
corporation produces two intermediate products a and b from a common input. intermediate product a can be further
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