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Luther is a successful logistical services firm that currently has $5billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. Currently, Luther is an all-equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share?
Calculate ending inventory and cost of goods sold for January using average cost. (Round your intermediate calculations to 3 decimal places. Round your average cost values to the nearest dollar amount.
Salter Inc.'s unit selling price is $50, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 5,000 units?
What happens if a company is completely wrong and they lose a huge lawsuit from actions from a prior period. Should they go back and amend that prior year to show the estimated liability? Why or why not?
during 2012 edwards co. sold inventory to its parent company forsyth corp. forsyth still owned all of the inventory at
temple corp. is considering a new project whose data are shown below. the equipment that would be used has a three-year
List three types of consulting services that audit firms have provided to their audit clients in recent years. For each item, indicate the specific threats, if any, that the provision of the given service can pose for an audit firm's independence.
twizzlers candy company is considering a new manufacturing process to produce new strawberry twists. two processes have
bsu inc. wants to purchase a new machine for 29300 excluding 1500 of installation costs. the old machine was bought
Prepare the journal entries that should be made to record the expenditure of $100,000 on activities related to the legal assistance program. Prepare the journal entries that should be made upon receipt of the $100,000 check, assuming that it was r..
question 2 deep blue manufactures floatation vests in charleston south carolina.nbsp deep blues contribution margin
Which of the following events is an intercompany transaction?
Management's inventory policy is to have ending inventory equal to 1.4 times the cost of sales for the subsequent month, although it is estimated that the cost of inventory at March 31 will be $170,000.
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