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Comparative balance sheet data for Tanzanite Imporium follow. In addition, new equipment was purchased for $60,000, payment consisting of $40,000 cash and a long-term note for $20,000. The short-term note payable was arranged with a supplier to finance inventory purchases on credit. Cash dividends of $15,000 were paid in 2013; all other changes to retained earnings were caused by the net income for 2013, which amounted to $92,200.
the hillside inn is a restaurant in flagstaff arizona. it specializes in southwestern style meals in a moderate price
Given the allocated costs at 10% of revenue, calculate the number of workshops that must be offered to break-even. Re-calculate #2 above, assuming Janice can re-negotiate the part-time trainers’ cost to $1000 per workshop.
fletcher inc. produces hair brushes. the selling price is 20 per unit and the variable costs are 8 per brush. fixed
breezes curacao has 200 rooms. each room rents at 130 per night and variable costs total 42 per room per night of
on january 1 20x8 ramon corporation acquired 75 percent of tester companys voting common stock for 300000. at the time
wind fall a manufacturer of leaf blowers began operations this year. during this year the company produced 10000 leaf
1. What is the relationship between discounting and compounding interest? 2. What is the relationship between the present-value factor and the annuity present-value factor?
Its warranty expense is calculated as 1% of sales. Sales in 2013 were $40 million. What was the balance in the warranty liability account as of December 31, 2013?
redhawk inc. is a merchandiser that provided the following information number of units sold ----------- 10000 selling
the lucy corporation purchased and used 129000 board feet of lumber in production at a total cost of 1548000. original
the catseye marble co is thinking of replacing a manual production process with a machine. the manual process requires
at the end of the year 5000 of supplies remained on hand. record the adjustment necessary at december 31 2005. how
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