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Columbia healthcare service is a nonprofit organization. They have revenues of 22 million in 2014. In addition, they had personnel cost of 15.6 million, supplies of 1.4 million and depreciation of 1.2 million. All but 3 million of their revenue was received in cash. All other expensese were paid in cash as appropriate.
1. construct an income statement for CHS
2. show their net income
3. show their profit margin
4. show their cash flow for 2014
Under variable costing, which of the following costs would not be included in finished goods inventory?
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What are the disadvantages of AVCO method and the Purchasing Department had hoped to have a contract finalized to purchase Uzbekistan-made Imperial widgets at £57 each.
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