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Problem - The home office in Alabang shipped merchandise costing P55,500 to Davao branch and paid the freight amounting to P4,200. The home office transfers merchandise to the branch at a 20% mark-up based on cost. Davao branch was subsequently instructed to transfer the merchandise to Cebu branch wherein the latter paid for P2,800 freight. If the shipment was made directly from Alabang to Cebu, the freight cost would have been P6,200. Compute the amount credited to Home Office Current account in the books of Cebu branch?
By how much has the net liability been reduced from that amount which appeared on the December 31, Year One balance sheet?
Sure Tea Co. has issued 7.2% annual coupon bonds that are now selling at a yield to maturity of 10% and current yield of 9.9987%. What is the remaining maturity of these bonds? (Do not round intermediate calculations. Round your answer to 2 decima..
find the price of the bond with par value 1000 and 10 years to maturity with coupons at 8.4 convertible semiannually if
Last year, BFA Corporation had net sales of $3,600,000 and cost of goods sold of $2,000,000. Its depreciation charge was $600,000 and selling, general.
segment variable costing income statement and effect on income of change in operations extreme camping company
If Garrett Company viewed its products in aggregate, what would the break-even point be if managers projected a 60% - 40% sales mix for Red and Blue
A construction company allows a not-for-profit community association to use its bulldozer at no cost to clear land for a new baseball park. If the association had to rent the bulldozer it would have incurred costs of $2,400.
Identify and discuss the reasons why dividends are sometimes paid out even when the funds could be better reinvested in business or when firm has to tap outside sources to pay the dividends.
laner company has the following data for the production and sale of 2000 units. sales price per unit800 per
donkey bikes could sell its bicycles to retailers eitherassembled or unassembled. the cost of an unassembled bike is
What classes and associations would be included in a model that describes the information needed for query that calculates the accounts receivable balance for each customer?
How many reportable segments does Corny Co. have? Corny Co. and its division are engaged solely in manufacturing operations.
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