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Fortune Brands Home & Security, Inc., sells Master Lock padlocks. It reported an increase in net sales from $ 3.3 billion in 2011 to $ 3.6 billion in 2012, and an increase in gross profit from $ 1.0 billion in 2011 to $ 1.2 billion in 2012. Based on these numbers, determine whether the change in gross profit was caused by an increase in gross profit per sale, an increase in sales volume, or a combination of the two.
We"ve got to do it to meet this year"s sales goal." Discuss the accounting implications of Belden"s action.
deibel corporation is considering a project that would require an investment of 60000. no other cash outflows would be
if tucker inc.s net sales decreased from 90000 in year 1 to 45000 in year 2 and its cost of goods sold decreased from
if total liabilities decreased by 25000 and stockholders equity increased by 5000 during a period of time then total
on 112009 leatherback brewing company issued 250000 face value bonds with annual coupon rate of 9 to yield 8. proceeds
a company paid 150000 plus a 6 commission and 4000 in closing costs for a property. the property included land
use the following information to answer this question.harris company produces a single product. last year harris
Use the same information in RE14 3, except assume that the bonds are sold for $318,000.
on january 1 the company received layaway payments from two customers. each customer paid 50. on december 24 the
explain the ways in which the needs of internal and external users of accounting information are the same and
ace co. acquired 100 of becker inc. on january 1 year 1. on that date becker had inventory with a book value of 42000
north wind aviation received its charter during january 2010. the charter authorized the following capital
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