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If Swannanoa Company's budgeted sales are $1,000,000, fixed costs are $350,000, and variable costs are $600,000, what is the budgeted contribution margin ratio? If the contribution margin ratio is 30% for Swannanoa Company, sales are $900,000, and fixed costs are $200,000, what is the operating profit?
identify at least three 3 risks and three 3 benefits of using the perpetual inventory management system. discuss the
7.Jose, a pilot for Southern Airways, has adjusted gross income of $172,000 before considering the following losses. The passive activity rules disallow the deduction for a loss in which of the following?
create a spreadsheet to compute the npv and payback period to assist with a purchase decision. use to results to answer
rita a single employee with agi of 80000 before consideration of the items below incurred the following expenses during
on january 1 2013 nichols corporation granted 10800 options to key executives. each option allows the executive to
One of the required proprietary fund financial statements is a:
presented below is information related to equipment owned by pujols company at december 31 2012.cost9000000accumulated
in light of the full disclosure principle investors and creditors need to know the balance for assets liabilities and
smart inc. a merchandising company has an account receivable for 125 which it has now deemed uncollectible. the company
The cost incurred in storage is 5% of purchase price per unit and 4% are insurance charges and 2% are expenses on misc. heads related to holding the compound. Annual usage is 5000 kg. Buffer stock maintained is 200 kg and average lead time is 5 da..
pearson began 2012 with 30000 1 common shares issued and outstanding. paid in capital in excess of par was 25000 and
Which of the following statements is true? Once adopted, an accounting period normally cannot be changed without approval by the IRS.
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