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You are the buyer of steel plate for a large steel distributor. You are looking for a supplier of steel plate that your salespeople could sell in the marketplace for $625 per metric ton. If your objective is a 30% markup based on selling price, what is the most that you can pay for the steel per ton to still get the desired markup?
mike operates a fishing outfitter as a real-method sole proprietorship. on march 1st of this year mike received 15000
evaluate the net present value of the investment in the machine.the management of kunkel company is considering the
Nickel Inc. bought $300,000 of 3-year, 8% bonds as an investment on December 31, 2015 for $324,000. Nickel uses straight-line amortization. On May 1, 2016, $60,000 of the bonds were redeemed at 113. As a result of the retirement, MSG will report
Jimenez Company sells outdoor sports equipment. At the December 31, 2009, year end, the following financial information was available from the income statement: administrative expenses, $80,800; cost of goods sold, $350,420; inter- est expense, $22,6..
Kobe Company has a factory machine with a book value of $85,590 and a remaining useful life of 5 years. It can be sold for $31,030. A new machine is available at a cost of $247,620. This machine will have a 5-year useful life with no salvage value. D..
Examples of value-added activities include all of the except and which is chiefly concerned with products and services that have not yet been developed
ABC Inc. uses a cost structure that includes some specific cost categories that behave as fixed costs, some variable costs, and some mixed costs. As ABC's activity units produced and sold level increases the average cost on a per unit basis for each..
Under its executive stock option plan, N Corporation granted options on January 1, 2016, that permit executives to purchase 14.0 million of the company's $1 par common shares within the next eight years, but not before December 31, 2018 (the vesting ..
Magdalena Schmitz has undergone some major changes in her life recently. In 2012, at the age of 46, her husband, Roger, passed away. Magdalena has not remarried as of the end of 2014.
Show proper accounting treatment of the $273,000 ($714,000 - $441,000) by which the cost of first machine exceeded the cost
Based on your review of the financial data for every company, show the accuracy and reliability of the data for making investment decision.
At 12/31/x2 a firm had the following ending account balances: _______$30,000 prepaid rent covering 20x3-20x5 ($10,000/year for 3 years). _______$120,000 estimated warranty liability for a four-year warranty program through 20x6 ($30,000 estimated cla..
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