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MG Lighting had sales of 2,000 units at $85 per unit last year. The marketing manager projects a 12 percent decrease in unit volume this year because a 14 percent price increase is needed to pass rising costs through to customers. Returned merchandise will represent 2 percent of total sales. What is your net dollar sales projection for this year?
Formulate your own opinion on the proper treatment for the $5,000,000 commercial paper based on your reading in the text. Explain how you think the item should be reported and give textbook pages to support your conclusions.
a company has 90000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible
Foyle Architects incorporated as licensed architects on April 1, 2014. During the first month of the operation of the business, these events and transactions occurred
heath limited is trying to determine the value of its ending inventory at february 28 2012 the companys year end. the
supreme fitness club uses straight-line depreciation for a machine costing 26400 with an estimated four-year life and a
westerville company reported the following results from last years
The firm will use straight-line depreciation for the new machine over 10 years with no residual value. What is the payback period for the new machine?
What is Corporate governance and outline brief history of corporate governance - Prepare an essay on Corporate\IT governance and internal control.
Under the lease agreement, a security deposit of $15,000 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 10% per year. What amount will the company receive at the time the lease expires?
argus company makes 2 products x and y. product x has a contribution margin of 6.00 per unit and product y has a
pnok company has been purchasing a component part q for 18.90 a unit. pnok is currently operating at 70 of capacity and
Compute the earnings per share of common stock assuming the dividend on preferred stock was not declared and the preferred stock is cumulative. The common shares remained unchanged during the year.
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