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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $86.63. The variable cost per unit is $21.53, Poseidon Swim has average fixed costs per year of $6,073.
Problem 1: Assume that current level of sales is 446 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -2.9 percent?
browns grocery storetrial balance as at 30 september 2012drcrpound000pound000acc depreciation of building80acc.
At the end of the year, the current assets were $122,418 and the current liabilities were $103,718. What is the change in net working capital?
Does each program or project really need separate fund accounting statements? Does the statement preparation just add even more expense?
What is the variable overhead spending variance for the month - what is the variable overhead efficiency variance for the month?
Coffee Cart sells a variety of hot and cold coffee beverages. Part time employees are scheduled for busy times, but are sent home as soon as volumes drop enough to warrant it. Categorize each cost as fixed or variable and explain your choice. Create ..
Discuss the differences in the amounts shown in the financial statements for the items Land
Determine What is the firm's debt ratio? Dearborn Supplies has total sales of $204 million, assets of $96 million, a return on equity of 27 percent
On January 1, 2013 company borrowed $50 000 cash bt signing a 7% installment note that is to be repaid with five annual end-of year payments, the first of which is due on December 31 , 2013 . Assume that the annual payments are to consist of accrued ..
What is the probability of making a loss on (i) Product A? (ii) Product B? (e) What is the probability of making a profit on (i) Product A? (ii) ProductB?
On 1 July 2015, Summer Ltd acquired 80% of the share capital to gain control of Winter Ltd. The following intra-group transactions occurred during the year ending 30 June 2016. Prepare the journal entries required to eliminate the intra-group transa..
Which contract does Goldman prefer and Firm T? You have estimated the price of Firm T to be 70mill and this is the IPO price. The daily volatility on IPO data.
Discuss the necessary preparation and planning for the Lily Company annual audit before beginning fieldwork at the client's office. In your discussion, include the sources you should consult, the type of information you should seek, the preliminary p..
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