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During the current year, the total assets of Mifflinburg Corporation decreased by $60,000 and total liabilities decreased by $300,000. The company issued $100,000 of new stock, and its net income for the year was $250,000. No other changes to stockholders equity occurred during the year Determine the dollar amount of dividends declared by the company during the year.
amount to be charged to arrive at break even.lifsey wedding fantasy company makes very elaborate wedding cakes to
Beginning inventory for September is expected to be 4,000 suits. What is dollar amount of the purchase of suits? Each suit has a cost of $75.
question as of the fiscal year ending 30th september 2013 crystal beach had 10000000 in 5 serial bonds outstanding. the
Evaluate the economic order quantity for the spice in terms of 10 pound bags and If the company works 250 days per year, on average how many bags of spice are used per working day?
Using the perpetual inventory system, determine the cost of goods sold for December 2010 and cost of inventory on hand at 31 December 2010 under the following cost flow methods.
pure competition firms make economic losses, but monopolistic competitive firms make economic profits. d) pure competitors confront a perfectly elastic demand curve, while monopolistic competitive firms face a downward-sloping demand curve.
preparation of balance sheet and income statement and computation of ratios.1. nbspunearned rent revenue would be
Would I segregate them on the balance sheet as non revenue producing assets, not depreciate them but instead analyze them for impairment annually and then potentially write them down annually.
Compute Diekow Production's fixed overhead budget and volume variances for the year. Assume that fixed overhead is applied based on units of product.
Computer equipment (office equipment) purchased 6 1/2 years ago for $170,000, with an estimated life of 8 years and a residual value of $10,000, is now sold for $60,000 cash.
Crow, Inc., a not-for-profit company, has a product contribution margin of $40. The fixed costs are $800,000. Crow, Inc., has set a target profit of $35,000 per year.
Try to evaluate filings before, during, and after ERP systems were implemented. Summarize your findings. How would you describe reasons for the company's revenue and net Income trend to the average personal investor
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