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Buster Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $300,000 and the variable expenses are 45% of sales. Given this information, the actual profit is:
a. $15,000
b. $55,000
c. $75,000
d. $41,250
Describe the advantages of a sole proprietorship and a limited liability corporation and do you recommend that this client choose an LLC or not?
develop an idea that will be the start of a business plan. build on the idea for a service business - a home
The ledger of Zeta Corporation at December 31, 2012, after the books have been closed, contains the following stockholders' equity accounts.
Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed?
"Stan, who can barely pay his bills as it is", shouldn't have lost all that money. He is going to have to sell his car, I guess?? What should Art Heyman do in this situation? Discuss the auditor's options.
there is a debate about stock repurchases whether they are liked by investors or not. some investors like it because of
for the past several years dawn lytle has operated a part-time consulting business from her home. as of october 1 2008
The exchange has commercial substance, journalize the entries to record (a) the current depreciation of the old truck to the date of trade-in and (b) the transaction on July 1.
Prepare a corporate income statement and calculate earnings per share
Below is the December 2009 sales data bysales representative for Papier Nouveau, a distributor of commercial printing supplies. As the Director of HR for Papier Nouveau, you are responsible for calculating monthly incentives.
The market price of Scornick's common stock subsequently declined by 40 percent.
Prepare a classified balance sheet that includes the correct balance for Cash.
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