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Question 1: Fill in the missing values of the proforma income statement for 2013. Sales will increase by 25% and the dividend payouts will increase from 40% to 55%. Variable costs will be 5% points less than the original
percentage of sales
Variable Costs 500
Fixed Costs 160
Net Income 340
Dividends 136
Please comment on this debate, using examples from the text discussion of electronic monitoring, romance in the workplace, employee drug testing, and employee honesty testing.
Thompson Company updates its inventory records perpetually. The company's records showed a beginning inventory of $15,000; cost of goods sold of $23,000.
The company had 120,000 units in inventory on December 31, 2015. How many units does the company need to produce during the first quarter of 2016
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Prior to liquidating their partnership. Determine the amount received by Gentry as a final distribution from liquidation of the partnership.
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