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Flagg Industries reported the following data for the year just ended: sales revenue, $800,000; cost of goods manufactured, $700,000; cost of goods sold, $600,000; and selling and administrative expenses, $100,000. Flagg's gross margin would be?
mustaine company sells only one product at a regular price of amp7.50 per unit. variable expenses are 60 of sales and
Prepare an income statement for the year 2007 starting with income from continuing operations before taxes. Compute earnings per share as it should be shown on the face of the income statement. Common shares outstanding for the year are 80,000 sha..
List three potential reasons for such a significant decline. What are three things Mark should consider doing to improve the ratio? How is the accounts receivable turnover ratio used and what does it measure?"
Identify the statement about current liabilities that is NOT true.
two circles touch each other externally. one of the circles is 300 more in area than the other. if a is the centre of
question the following information is taken from the 2007 general ledger of clifford company.rent rent rent expense
the following condensed income statements of the jackson holding company are presented for the two years ended december
sweeten company had no jobs in progress at the beginning of march and no beginning inventories. it started only two
Are there any parts that should be excluded or cannot be made operational? What are the scorecard measures you would use to implement your scorecard in the Norwalk Pharmaceutical Division? What are the new measures that need to be developed, and h..
this is for government and not for profit governemtal accounting.financial statements must be adjusted to ensure proper
The salary is reasonable in amount and George is in the 35% marginal tax bracket irrespective of any income from Black. Assuming that Black Corporation distributes all after-tax income as dividends, how much total combined income tax do Black and ..
property plant and equipment is often a significant portion of a companys assets. describe the inherent risk factors
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