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Question - Pivot Inc uses a markup of 45% of cost on all merchandise it sells. Overhead costs are 20% of sales.
a) What is the selling price of inventory that has a unit cost of $12?
b) How much profit is Pivot Inc making on this inventory?
on january 1 2006 matrix corporation issued 800000 55-year bonds dated january 1 2006 at 95. the bonds pay
For a $100,000, purchase in January, what is the accounts payable with respect to this purchase at the end of February
What is the unrealized gain or loss on the investment that should be reported at year end by All Good Company
1.you have deposited 21618 in a special account that has a guaranteed interest rate of 18 per year. if you are willing
Prepare the liability section (showing current & noncurrent liabilities) of the Statement of Financial Position of Narra Corporation as of December 31, 2020
On August 1, it reissued 20 of the shares at $38 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20?
What is diluted earnings per share? What are the differences between the two? How are basic and diluted earnings per share reported on the income statement
Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense. Show the year-end balance sheet presentation for accounts receivable.
Bea bought her home 10 years ago for $250,000. She then sells it for $194,000. What is her allowable loss
Ariana consumes two goods, food and clothing. State and explain her price elasticity of demand for food when its price increases by 25%, ceteris paribus
Adam Corporation purchased 3,000 shares of Ozark Company's common stock for $12 per share as a long-term available-for-sale investment on June 30, 2014. Ozark declared and paid a cash dividend of $1.00 per share on its common stock on September 30, a..
Review the cash flow statements of the company and correlate it to the financial statements to identify if the company is in a sound financial position.
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