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The Poseidon Swim COmpany produces swim trunks. The average selling price for one of their swim trunks is $67.37. The variable cost per unit is $23.18, Poseidon Swim has average fixed costs per year of $6,292.
Question 1: Determine the degree of operating leverage for the level of production and sales 484 swim trunks. Round the answer to two decimal places.
Discuss, from both an economic and a political viewpoint, why countries have become increasingly interdependent on each other.
How does the automated system improve the efficiency and timeliness of financial statements and how does the automated system enhance the relevance of the information provided
Calculate the current ratio for both companies-Calculate the Gross Profit amount and percentage - difference between the current ratio and the quick ratio
The 2014 records of Thompson Company showed beginning inventory, $21,000; cost of goods sold, $29,000; and ending inventory, $23,000. The cost of purchases for 2014 was:
How much cash is received? How much is Bonds Payable? What is the difference between a and b called and how much is it?
avilon corp needs to raise a minimum of 50000000 for a major expansion. the board of directors is considering selling
question 1your finance text book sold 50000 prints in its first year. the publishing company expects the sales to grow
A company has outstanding 12.5 million shares of $5.5 par common stock and 2.3 million shares of $ 5.3 par preferred stock. The preferred stock has an 11% dividend rate. The company declares $ 2000,00 in total dividends for the year. How much of the ..
Prepare a condensed income statement for the year on both bases for comparative purposes.
Budgeted production is 22,000 units. Each unit requires 0.70 pound of steel and 0.30 direct labor hour. Steel is purchased for $45 per pound, and direct labor is $18 per hour. Steel has an estimated beginning inventory of 700 units and a desired endi..
Describe Microsoft's overall reporting strategy. Why had the company adopted this strategy and why was the SEC concerned about it?
Calculate the predetermined overhead rates the producing departments would use to apply overhead to units of product.
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