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Luxottica Group, the Italian company that sells Ray Ban and Oakley sunglasses, reported net sales of 7.1 billion in 2012 and 6.2 billion in 2011. Gross profit increased from 4.1 billion in 2011 to 4.7 billion in 2012. Was the increase in gross profit caused by (a) an increase in gross profit per sale, (b) an increase in sales volume, or (c) a combination of (a) and (b)?
fairfax company uses weighted-average process costing to account for its production costs. direct labor is added evenly
Why is a knowledge of accounting concepts and terminology useful to anyone in a business activity?
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From the case study, assess the major problems Sirius and XM radio faced during the acquisition of XM by Sirius as compared to the average acquisition during this period. Describe the key benefits of the acquisition to Sirius and XM.
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If they are repackaged, at a cost of $15,000, they could be sold to toy stores for $2.50 per unit. What alternative should be chosen, and why?
with credit terms of 210 n30 the seller is offering the purchaser a 2 cash discount if the amount is paid within 10
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