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Dental Diversity provides three basic service appointments; Cleaning, Check-up, and Full service. Total annual costs average $840,000. An RVU analysis indicates the following: Annual Average Appointments RVUs/appointment Cleaning 6,000 4 Check-ups 7,250 6 Full Service 3,750 10 A. Using RVU methodology, what is the cost for each type of appointment? B. If the goal is a 33.33% profit margin, what should be the price for each type of appointment?
In the current year, Tanager Corporation (a C corporation) had operating income of $480,000 and operating expenses of $390,000. In addition, Tanager had a long-term capital gain of $55,000 and a short-term capital loss of $40,000.
Mike invested $15,000 cash and a used truck worth $13,000 in the business in exchange for company stock.
Prepare a consolidated statement of comprehensive income for the year ended 31/12/20X2 and a statement of financial position as at that date.
rensing inc. has 800000 of 6 percent preferred stock and 1200000 of common stock outstanding each having a par value of
Susie started a grocery business on 1/1/2015 with an initial investment of $60,000. She rented a place to open the store. Perform the entire accounting cycle (no need to prepare financial statements). You can stop at Step 9, the post-closing adjusted..
On January 1, Tolson Company purchased a building by paying $85,000.
Burrough also paid $3,000 to a search firm for finder's fees related to the acquisition. Illustrate what amount will be recorded as goodwill by Burrough Corporation while recording its investment in Helyar?
Your boss asked you to calculate the tax shield on the new fleet of tractors the company has purchased. The annual depreciation on the tractors is estimated to be 247,500 and the company's estimated tax rate is 35%. What is the annual tax shield?
Net purchases were $131,590 at cost and $181,700 at retail. Net markups were $11,100; net markdowns were $8,200; and sales revenue was $158,900.
The Wessels Corporation is considering installing a new conveyor for materials handling in a warehouse.
Prepared an adjusting entry. record the accrued interest on the Lee note -
make the company cash budget for the upcoming fiscal year and Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash
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