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Sanfran has the following data: selling price $40 variable manufacturing cost $22 fixed manufacturing costs $150,000 per month variable selling and administrative costs $6 fixed selling and administrative costs 120,000 per month If Sanfran produces and sells 30,000 units, what is the margin of safety? 5,000 units 7,500 units 22,500 units 30,000 units
pepe incorporated acquired 60 of devin company on january 1 2010. on that date devin sold equipment to pepe for 45000.
What are controlling accounts and subsidiary ledgers? What is the relationship between them?
Abbey Ltd purchased machinery on 1 October 2010 for $80 000. The estimated useful life of the machinery is 5 years, with an estimated residual of $5000. The entity's balance date is 30 June, and it uses the straight line method of depreciation. On..
Compute taxable income and income taxes payable for 2013.
I need 3-4 paragraphs that analyzes the comparative financial statements, trend analysis, ratio analysis and percentage analysis of a company in the food industry.
Gary Whitmore is a high school sophomore. He currently has $7,500 in a money market account paying 5.65 percent annually. He plans to use this and his savings over the next four years to buy a car at the end of his sophomore year in college.
The actual sale was effected on December 15, 2011, at a price of $600,000. The book value of the division's assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale.
Farley Corporation's common stockholders' equity at the beginning and end of 2007 was $450,000 and $550,000, respectively. Farley Corporation's payout ratio for 2007 is ??
Analyze the differences between US GAAP and IFRS in accounting for equity statements to determine which presents the greatest challenges for the greatest number of companies. Provide specific examples to support your response.
Provide the fund level entries in general journal form needed to conform to basically accepted accounting principles. If no entry is needed, so indicate.
Which of the following business has the burden of unlimited liability?
Distinguish between current and accumulated earnings and profits. Why is it important to make this distinction?
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