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Determine the gross matgin for Pacific States. Manufacturing for the year just ended( all amounts in thousandth) (000) of dollars Sales $31,800 Purchases of direct materials 7000 Direct labor 5000 work in process inventory, 1/1 800 work in process inventory 12/31 3000 finished goods inventory, 1/1 4000 Accounts payable 1/1 1700 Accounts payable 12/31 1500 Direct materials inventory, 1/1 6000 Direct materials inventory 12/31 1000 indirect labor 600 indirect materials used 500 Utilities expense, factory 1900 Depreciation on factory equipment 3500 what is the Gross margin Cost of goods sold cost of goods manufactured please show work and please list formula's used
Journalize the entries to record the liquidation outlined below,using Assets as the account title for the non cash assets and Liabilities as the account title for all creditors' claims.
create a worksheet titled statement of changes in owner s equity that includes the information below. solve this
Rhubarb Corporation's outstanding stock is 100 shares of $100, 11% cumulative nonparticipating preferred stock and 2,000 shares of $12 par value common stock. Rhubarb paid $1,600 cash dividends during the year.
Upper Darby Park Department is assuming no tax consequences. If Upper Darby Park Department has a required rate of return of 10%, which of the following is closest to the present value of the project?
In the Clark Company, sales were $480,000, sales returns and allowances were $30,000, and cost of goods sold was $288,000. The gross profit rate was
the following income statement items are taken from the records of singer company for the year ended december 31
bobs company builds custom fishing lures for sporting goods stores. in its first year of operations 2010 the company
read the opener about marco giannini and his company dogswell. marco is considering building a new massive warehousing
tony and susan are starting a retail business selling formal wear for men and women. they estimate profits and losses
the board of directors must make certain considerations before declaring a dividend. what are some of the
bank reconciliation benson plastics company deposits all receipts and makes all payments by check. the following
Identify two financial intermediaries. What are their respective functions? What are their major roles in the economy? What are the money markets and what are the capital markets? How do they differ? What are their respective activities?
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