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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $71.57. The variable cost per unit is $23.92, Poseidon Swim has average fixed costs per year of $5,885.
Question 1: Assume that current level of sales is 451 units. What will be the resulting percentage change in EBIT if they expect units sold to changes by -2.2 percent? (Yoy should calculate the degree of operating leverage first). Round the answer to two decimal places.
Describes two different models of accounting for tangible non-current assets. Discuss the importance of these two models for HSBC.
executives of studio recordinginc produced the lastest compact disc by the starshine sisters band sunshinemoonshine.
$37,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta?
1. salem corporation uses calendar year as its financial and tax annual accounting period. management because of
Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the accumulated depreciation at the end of the second year of its useful life using the doub..
What amount, if any, could be reported as a liability for this contingency as of 31st December, 2010 and How could the contingency be reported in the financial statements of Shinobi Inc
Nice Lawn sells lawn ornaments online to other businesses. Nice Lawn customers place an online order. Nice Lawn processes the customer order by verifying with the accounting department that the customer's credit is in good standing with the company (..
Present a trial balance to show the balancing of accounts. Journalize the following December 2015 transactions in the computerized accounting system selected.
Iidentified an impairment with regard to the equipment and the equipment is accordingly stated at recoverable amount.
Prepare a cash budget for the month of April. Determine how much cash Splish Brothers Inc. must borrow, or can repay, in April.
The Alice in Wonderland Family Trust commenced in 2005 when it was settled by a family friend, White Rabbit. The trust has a number of investments and also operates a business. Calculate the net income of the trust and the Div 6E net income, setting ..
Calculate WTCs before-tax weighted average cost of capital. Show all calculations - investment projects being considered by the firm
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