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Question - Profitability analysis - Last year the P. M. Postem Corporation had sales of $409,000, with a cost of goods sold of $112,000. The firm's operating expenses were $127,000, and its increase in retained earnings was $77,530. There are currently 21,000 shares of common stock outstanding, the firm pays a $1.57 dividend per share, and the firm has no interest-bearing debt.
Assuming the firm's earnings are taxed at 35 percent, construct the firm's income statement.
Compute the firm's operating profit margin.
Assuming the firm's earnings are taxed at 35%, construct the firm's income statement.
After 108,000 units, the market becomes saturated and the price per unit falls from $20.00 to $11.80. Compute operating income
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Company records of $1,681, bank charges of $11, deposits in transit of $317, outstanding checks of $221, and NSF checks of $90. The correct cash balance is?
On January 1, 20X1 Ciscle Inc. , a real estate company, using IFRS, issued $2,000,000, Prepare the appropriate journal entry to record the issue
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What is the total number of allocated bytes?
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