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Piazza Corp has sales of $400,000, a contribution margin ratio of 30%, and a profit of $40,000. If 20,000 units were sold, what is the variable cost per unit?
Examine the legal liability an accounting professional has, including how a CPA is protected. Differentiate between fraud and negligence.
If you purchased $6000 of inventory for cash; later in the same year one-half of the inventory was sold for $4000 on account. What would the amount of net income and net cash flow from operating activities.
Jessie, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $7,500,000 and total direct labor hours to be 125,000 hours.
equipment with a cost of 240000 has an estimated salvage value of 15000 and an estimated life of 4 years or 15000
What do the liquidity, profitability, and solvency ratios reveal about the financial position of the company?
Make the journal entries to record the above three securities purchases. Make the journal entry for the security sale on May 20. Compute the unrealized gains or losses and prepare the adjusting entry for Arantxa on December 31, 2008.
Brill Company's July sales budget calls for sales of $800,000. The store expects to begin July with $30,000 of inventory and to end the month with $35,000 of inventory. Gross margin is typically 40% of sales. Determine the budgeted cost of merchan..
General Motors Corp. is the world's largest automaker and has led the auto industry worldwide in sales since 1938. GM employs over 324,000 people worldwide, with manufacturing operations in 32 countries and sales operations in 200 countries.
On January 1, Year 1, Jayco purchased a machine for $6,000. It had an estimated salvage value of $1,200 and a life of six years. The straight-line method of depreciation was used. At, midyear in Year 4, Jayco sold the machine for $4,500 cash.
Prepare an income statement and balance sheet for each fiscal year - Basic transactions for three accounting cycles: perpetual system
Explain how it is possible for Hefty to have a net loss but a positive cash flow from operating activities.
bates company issued 1000000 9-year bonds and agreed to make annual sinking fund deposits of 73800. the deposits are
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