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Last month when Harrison Creations, Inc. sold 40,000 units, total sales were $300,000, total variable expenses were $240,000, and total fixed expenses were $45,000. What is the company's contribution margin (CM) ratio?
Mouns Company owns 30% interest in the stock of Darian Corporation. During the year, Darian pays $20,000 in dividends to Mouns, and reports $100,000 in net income. Mouns Company's investment in Darian will increase Mouns' net income by?
On January 1, 2008, Dexter, Inc. signs a 10-year noncancelable lease agreement to lease a storage building from Garr Warehouse Company. What is the amount of the minimum annual lease payment?
Rick Flowers needs a few new trucks for his business. He is considering buying the trucks but is concerned that the additional debt he will need to borrow will make his liquidity and solvency ratios look bad. What options does he have other than ..
Derrick Lee just received a signing bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 6%, compounded annually. (Hint: Use tables in text.)
Prepare Bank Reconciliation Statement as on 30th September
A company has $8,200 in net sales, $1,100 in gross profit, $2,500 in ending inventory, and $2,000 in beginning inventory. The company's cost of goods sold is?
If standard deviation is 10 units per week, lead time is 2 weeks, demand is 50 per week, lot size is lot - for - lot, and desired service level is 97.72%, what is the statistical reorder point?
thomas corporation recorded sales of 108300 during march. management expects sales to increase 5 in april another 2 in
malibu corporation has monthly fixed costs of 64000. it sells two products for which it has provided the following
on november 1 bobs skateboards signed a 12000 90-day 5 note payable to cover a past due account payable. required a.
What other data points should auditors look out for when sniffing out fraudulent activity?
Which of the following is a variable cost
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