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Question: Direction: Read and understand the problem below. Write your answer on a separate sheet of paper. Lea sells jewelry. She had a piece that costs P12,800.00 which she sold for P16,000.00. The only expense for her was her transportation expenses totaling to P560.00.
1. How much was her cost of goods sold?
2. How much was her margin?
3. What is the rate of her gross margin?
4. How much profit did she earn?
Al is a medical doctor who conducts his practice as a proprietor. Advise Al on which method of accounting should be used
Dorchester uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs
In 4000 words, write a paper detailing the issues surrounding corporate fraud in India. You have creative freedom in this paper to choose the type of frauds you would like to discuss, their impacts and possible remedies.
Calculate Superior's legal capital at December 31, 2016.Jan. 5 10,000 shares of authorized and unissued common stock were sold for $8 per share.
On december 15, 2010 pascal declared a cash dividend of $2.00 per share to stockholders of recordon december31. The dividend is payyable on january 15 2011 pascal has issued 1,000,000 shares of common stock, of which 50,000 shares are held in trea..
1 pinacle corp. budgeted 300000 of overhead cost for 2012. actual overhead costs for the year were 290000. pinacles
During the year, assets increase $80,000 and liabilities increase $46,000. What is the equity at the end of the year?
All other issues on the audit are have either been resolved with the IRS or agreed to by the client
Quicko's is approached by a local restaurant that would like to have 24,281 flyers copied. The restaurant asks Quicko's to produce the flyers for 5 cents.
Briefly explain the differences between the magnetic stripe card and the chip and PIN card.
Create a Google (gmail) account if you don't already have one. Log onto your gmail account.
How much amortization expense will be on the consolidated financial statements for the year ended December 31, 2009 related to the acquisition of Green?
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