Last year the house of orange had sales of 826650 net

Assignment Help Accounting Basics
Reference no: EM13609708

Last year the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover rounded to the nearest tenth?

Reference no: EM13609708

Questions Cloud

Kilgore auto reported the following information at dec 31 : kilgore auto reported the following information at dec 31 2004 -preferred stock 10 24 par value cumulative 60000
A particle of charge of 450 10-6 c is 120 cm distant from : a particle of charge of 4.50 x 10-6 c is 12.0 cm distant from a second particle of charge of -2.00 x 10-6 c. calculate
The return on investments earned by your company for four : the return on investments earned by your company for four successive years was 20 -20 50 and 120. what is the geometric
Ivan company has a goal of earning 70000 after-tax income : ivan company has a goal of earning 70000 after-tax income. ivan would need to pay 20000 of income taxes at the target
Last year the house of orange had sales of 826650 net : last year the house of orange had sales of 826650 net operating income of 81000 and operating assets of 84000 at the
Why is it desirable to have the explanatory variables : why is it desirable to have the explanatory variables spread out to test a hypothesis regarding b1 or construct
During its most recent fiscal year simon enterprises sold : during its most recent fiscal year simon enterprises sold 200000 electric screwdrivers at a price of 15 each. fixed
On top of the water is 03 m of kerosene which is open to : water occupies the bottom 0.8 m of a cylindrical tank. on top of the water is 0.3 m of kerosene which is open to the
Lane corporation was authorized to issue 83000 shares of 6 : lane corporation was authorized to issue 83000 shares of 6 par common stock and 19000 shares of 75 par 8 percent

Reviews

Write a Review

Accounting Basics Questions & Answers

  Purchases of merchandise problem

When purchases of merchandise are made for cash, the transaction:

  Gross income for the year

It purchased equipment normally selling for $10,000 at a 20% discount. Based on these facts, what is its gross income for the year?

  That expenses be ignored if their effect on the financial

the matching principle requires1. that expenses be ignored if their effect on the financial statements are less

  Contract in a percentage of completion method

When you are preparing a partial balance sheet for a 2 year period showing any items related to the contract in a percentage of completion method how do you figure out your accounts receivable, construction in progress and billings figures?

  Violation of the professions ethical standards

A violation of the profession's ethical standards would most likely have occurred when a CPA:

  An auditor must not only appear to be independent but must

an auditor must not only appear to be independent but must also be independent in fact. research the concept of

  Miller engine research is expanding its research and

miller engine research is expanding its research and production capacity to introduce a new line of fuel technology for

  Byron inc decided on aug 1 to dispose of a component of its

byron inc decided on aug 1 to dispose of a component of its business. the component was sold on nov 30 2011. byrons

  Managements policy is to maintain ending finished goods

rolen inc. is in the process of preparing the fourth quarter budget for 2010 and the following data have been

  Yimron corporation uses the weighted-average method in its

yimron corporation uses the weighted-average method in its process costing system. information for the month of march

  Land and a warehouse were acquired for 890000 what amounts

land and a warehouse were acquired for 890000. what amounts should be recorded in the accounting records for land and

  Collect the 4 main financial statements from credible

collect the 4 main financial statements from credible sources e.g. nationally syndicated newspapers peer-reviewed

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd