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Profitability ratios Polly Esther Dress Shops, Inc., can open a new store that will do an annual sales volume of $960,000. It will turn over its assets 2.4 times per year. The profit margin on sales will be 7 percent. What would net income and return on assets (investment) be for the year?
Discuss ideas for a new business in your community. Explain what is the new business will you provide and why your community is need of such a business.
What are several conditions that can lead to fraud and to what type of fraud can they lead? Describe the source documents and controls that would be included in a typical production cycle.
1. why is there a mandatory duty to bargain in labor-management negotiations when such a duty does not exist elsewhere
What are the basic factors that must be considered in presenting annual report?
in the current economic environment how can an accountantauditor use financial ratios to determine the financial health
Prepare the bank reconciliation for Janus Jutes, Inc. dated May 31, 2009. Janus made a deposit on May 31, but this deposit did not appear on the bank statement, $1,451.
Morgan (age 45) is single and provides more than 50% of the support of Rosalyn (a family friend), Flo (a niece, age 18), and Jerold (a nephew, age 18).
What is the amount of Joel's realized gain, what is the amount and character of its recognized gain (if any), and what is its basis in the land it received from Sara in the exchange on November 1, 2012? Please explain and show all calculations.
You can take advantage of the dealers offer and finance the car at 1.9% or you can take advantage of the $2,500 rebate and finance the car at the going interest rate of 4.5%. Which is the better offer and why?
Prepare the appropriate journal entry to be made by Bayfield Company for the first lease payment. Prepare the journal entry to record the lease agreement on the books of Josh inc. on January 1, 2008
questionnbspexpected production units13000standard dml hours per unit5standard dml rate per hour24standard pounds of dm
the merchandise inventory of planter co was destroyed by flood on august 15.nbsp the following data was obtained from
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