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A company has total fixed costs of $200,000. Its product sells for $25 per unit and variable costs amount to $15 per unit. The company wishes to earn an after-tax income of $35,000. Assume that the company has a 30% tax rate. How many units must be sold to achieve this after-tax income level?
tooltime has a standard of 1.5 pounds of materials per unit at 2 per pound. in producing 2000 units tooltime used 3100
sande corporation makes a product with the following standard costs in november the companys budgeted production was
for several years orbon inc. has followed a policy of paying a cash dividend of 0.58 per share and having a 8 stock
for the past several years kelly pitney has operated a part-time consulting business from her home. as of april 1 2006
In November and December 2007, ABC Company received $75,000 for 1,000 three-year subscriptions at $25 per year starting with the January 2008 issue. What amount should ABC report in its 2007 income statement for Subscriptions Revenue
You realize that your accounting services are why Eric's Elmhurst Motorcycle has both stayed afloat and even prospered through the years.
Harry pays $600 for airfare, $200 for meals, and $500 for lodging while on business. The cost of meals and lodging while on vacation was $300 and $500, respectively. How much may Harry deduct as travel expenses for the trip?
umbrella company has a capacity of 40000 units per year and is currently selling all 40000 for 400 each. buerhle
Written, Inc. has outstanding xxx,000 shares of $x par common stock and xx,000 shares of no-par x% preferred stock with a stated value of $x. The preferred stock is cumulative and nonparticipating.
armtrong industries has a contribution margin of 300000 and a contribution margin ratio of 30. how much are total
A company projects annual cash inflows of $85,000 each year for the next five years if it invests $300,000 in new equipment. The equipment has a five-year life and an estimated salvage value of $75,000. What is the accounting rate of return on thi..
There were no dividends declared in 2009. The board of directors declares and pays a $45,000 dividend in 2010 and in 2011. What is the amount of dividends received by the common stockholders in 2011?
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