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During its most recent fiscal year, Simon Enterprises sold 400,000 electric screwdrivers at a price of $21.00 each. Fixed costs amounted to $1,600,000 and pretax income was $2,000,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year in question?
pronto plumbing company is a newly formed company specializing in plumbing services for home and business. the owner
chen inc. purchases 1000 shares of its own previously issued 5 per common stock for 12000. assuming the shares are held
Explain how adjusting entries provide for potential manipulation by managers. In addition, discuss how compensation arrangements may result in incentives for such manipulation to occur.
Division W of Comer Company has sales of $840,000, cost of goods sold of $500,000, operating expenses of $256,000, andinvested assets of $600,000. What is the rate of return on investment for Division W?
crystal corporation has the following information regarding its common stock 10 par with 500000 shares authorized
presented below is information related to equipment owned by pujols company at december 31 2012.cost9000000accumulated
Analyze the impact of erroneous classifications in the operating activities section of the cash flow statement on free cash flow and how this distortion can impact the decisions made by financial statement users.
The managing directors of three profitable listed companies discussed their company's dividend policies at a business lunch.
Smith Corporation reports the following information: Net income $500,000 Depreciation expense 140,000 Increase in accounts receivable 60,000 Smith should report cash provided by operating activities of:
describe three issuesproblems that a company could encounter when trying to determine the actual cost of a good or
the veggie-buffet restaurant is a downtown expensive buffet-only restaurant that specializes in trendy vegetarian
for lodes company the relevant range of production is 40-80 of cppacity. at 40 of capacity a variable cost is 4000 and
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