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A company buys 2mm items for $3 each and sells 1mm of those items during a year for $6 each. Marketing expenses are $200k for the year. The company has $3mm of debt with a 5% interest rate. Its depreciation expense for the year is $100k. The company's income tax rate is 30%. Create an income statement for the company. Also, what is EBITDA?
They ask for a full explanation of the service to be provided and to explain how the cost of the audit is determined. Can your help by sending an example of this type of memorandun?
top switch inc. designs and manufactures switches used in telecommunications. serious flooding throughout the state of
1. baco opens its business in 20x2 and purchases merchandise on account for 88000. in 20x2 baco pays 67000 cash on the
In 2008 a donor purchased Amazon stock for $1 million. In 2013 that stock was worth $3 million. The donor wants to donate $3 million to OSU. The donor can either donate the Amazon directly or sell the stock and donate $3 million. Compare the actual c..
Implementing a new AIS system could prove to be beneficial or detrimental to an organization’s IT infrastructure. Assess the risks associated with integrating a new AIS system and suggest what management can do to minimize those risks.
Ofarrell Snow Removal's cost formula for its vehicle operating cost is $1,840 per month plus $377 per snow-day. For the month of November, the company planned for activity of 14 snow-days, but the actual level of activity was 19 snow-days. The actual..
Disney recently reported sector income from operations, revenue, and invested assets (in millions) as follows.
What is the impact of exchange rate volatility and market risk on your chosen portfolio and how to manage the risk of your investment portfolio
Dyna Distribution markets CDs of the performing artist King James. At the beginning of March, Dyna had in beginning inventory 2,835 King James CDs with a unit cost of $2 During March, Dyna made the following purchases of King James CDs. Determine the..
Prepare the balance sheet for this company as of December 31, 2011, following usual IFRS practices.
On December 31, 2017, Bonita Company acquired a computer from Plato Corporation by issuing a $650,000 zero-interest-bearing note, payable in full on December 31, 2021. Bonita Company’s credit rating permits it to borrow funds from its several lines o..
preparation of income statement and statement of retained earnings from trail balance.complete problem p3-7 adjusting
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