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The actual price for a product was $ 50 per unit, while the planned price was $44 per unit. the volume increase by 4,000 ton 60,000 total units. determine
(a) the quantity factory and
(b) the price factor for sales.
In terms of the rules applying to a Section 332 parent-subsidiary liquidation, comment on each of the following:
A company reported total sales of $1,200,000 and $1,322,000 for the years 2010 and 2011 respectively. What is the year-over-year percentage increase in sales for 2011? Which ratio can be used to assess how much profit was made, on average, on each do..
What assumptions is the financial reporting model based on, what principles support the financial reporting model and who oversees the accounting profession?
What do you think the SEC means by this? What factors might make a quantitatively small misstatement qualitatively material?
Sales for the year were $650,000. Trade receivables were $45,000 and $50,000 at the beginning and end of the year, respectively. Cash received from customers to be reported on the cash flow statement using direct methon is
Based on retail sales estimates from the state Department of Revenue, additional sales taxes were accrued in the amount of $40,000. On December 31, 2014, $500 of interest was accrued on the investment in Treasury notes. Fair market value of these no..
ABC Corporation regularly purchases nutritional supplements from a supplier in Japan with the invoice price denominated in Japanese Yen. ABC has experienced several foreign exchange losses in the past year due to increase in the U.S. dollar price to ..
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Prepare a traditional income statement. Prepare a contribution income statement. What was the contribution tow..
Vacuum Cleaner Company is a newly started small business that produces vacuum cleaners and belongs to a monopolistic ally competitive market
Construct the groups base case projected P & L statement-What is the group's contribution margin? What is its breakeven point-What volume is required to provide a pretax profit of $100,000
Dec. 20 Reinstated the account of Dr. Pete Baker that had been written off on September 7 and received $8,400 cash in full payment.
Like-Kind Exchange Treatment, Do you like it, or dislike it in theory? What do you think would be its biggest advantage and disadvantage in practice.
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