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If the margin of safety for Tri-City Company was 30%, fixed costs were $2,800,000 and variable costs were 75% of sales, what was the amount of actual sales (dollars)? (Hint:Determine the break-even in sales dollars first.)
on sep 21 fitch co. sold 840 of merchandise on account toeaster inc. the merchandise was sold on terms of fob
home builders sells windows and doors in the ratio of 82 windowsdoors. the selling price of each window is 120 and of
abc inc was incorporated on 11512. their corporate charter authorized th following capital stock prefered stock 7 par
1.On December 31, 2013, Interlink Communications issued 6% stated rate bonds with a face amount of $100 million.
carlo toll bridge corporation ltd.an infrastructure company has outstanding 5 million 8 debentures of 100 each issued
Write a 1,050- to 1,400-word paper describing the relationship between the IASB and the FASB. Include the following in your paper:
Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method and if the direct method had been used, would the net cash flow from operating activities have been the same? Explain.
The primary purpose of the statement of cash flows is to provide information about a companys: a. cash receipts and cash payments. Corporations should record dividends as a direct charge to retained earnings
abc company purchased a new piece of equipment that cost 950000 salvage or trade-in value to be 50000 and planning to
brad jolie recently decided to open a restaurant specializing in new orleans cuisine. he purchased a restaurant
As the partner in charge of audits at Dewey, Wright, and Moore, you have decided to accept AV Imports and Exports as a new audit client. You have gone through all necessary planning, such as the requirements of SAS 56 as well as other pronouncemen..
Journal entries to correct the cash account
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