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Question - The following information was available for Oriole Company at December 31, 2022: beginning inventory $80000; ending inventory $60000; cost of goods sold $704000; and sales $960000. Determine the Oriole's days in inventory in 2022?
a. 36.28 days.
b. 33.46 days.
c. 39.67 days.
d. 26.62 days.
What is the current margin of safety in terms of the number of units? What is the current margin of safety in terms of sales dollars?
How many more rooms must be sold in order for the management of the Roof Top to cover the increased FC and to still be at breakeven?
Blanchard Company management (in Exercise 21-10) targets an annual after tax income of $ 810,000. The company is subject to a 20% income tax rate. Assume that fixed costs remain at $ 562,500.
The estimated useful life fo the equipment is 5 years, Using the double-declining balance method, depreciation expense for 2018 would be?
Barone Supply bought equipment at a cost of $48,000 on January 2, 1997. It originally had an estimated life of ten years and a salvage value of $8,000. Barone uses the straight-line depreciation method. On December 31, 2000
Compute The net present value of the proposed project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)
2% default on their bills. If accounts receivable are collected as anticipated, what is the last month in which January sales will be collected?
Solve the minimum price the firm would be prepared to charge. A firm has excess capacity, and has received an order for 50000 units at $20 each
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During 2019, the company incurred P4,000,000 in exploration cost for each of 15 oil wells drilled in 2019. What amount of exploration cost should be reported
Ace-23 from a new supplier for P44, net of discount, what would be recommendation to Division A, buy from Division B or from a new supplier, and a what price.
The manager told that the variable expenses are PKR 250 per person and fixed cost is PKR 75000 per month. Compute the Contribution Margin Ratio
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