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Leaverton's forecast of sales is as follows: July, $60,000; August, $90,000; September, $130,000. Sales are normally 80 percent cash and 20 percent credit in any month. Credit sales are collected in full in the following month. Merchandise cost averages 60 percent of sales price. The company desires an inventory as of September 30 of $52,000. The inventory as of June 30 was $25,000.
What is the effect of amortizing a bond discount upon an annual net income and the annual net cash flow from operating activities?
last year fabre company produced 20000 units and sold 18000 units at a price of 12. costs for last year were as
you are a consultant for energy company. it is a utility company. it is thinking about expanding its energy production
create an excel spreadsheet to allocate costs using the direct method and the step-down method. use the results to
What is the single equivalent discount and what is the net cost to the company
What is the total overhead costs assigned to deluxe racquets, using a single overhead rate. Using activity-based costing, how much assembly costis assigned to deluxe racquets?
The Tivoli Company has no debt outstanding, and its financial position is given by the following data: What would the value of the firm be after this debt-for-stock restructuring of the firm is completed? What would be the price of Tivoli's stock aft..
For each independent situation above, prepare the appropriate journal entry for the redemption or conversion of the bonds. (For multiple debit/credit entries, list amounts from largest to smalest
george dick an employee of plum corporation drove his car atotal of 17.966 miles during 2008. of the total miles 17.122
miscellaneous other receipts $38. When counted, there was $25 of cash remaining in the petty cash fund. Journalize the entries for June.
Gate Corporation acquired all of Way Corp's assets in a Type C reorganization on August 7, 2010. On the date of acquisition, Way Corp. had an unused net capital loss of $80,000. Gate Corp. had a net capital gain (computed without regard to any cap..
we have talked about return on investment roi and residual income calculations being used to incentivize managers.
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