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Nutty Productions Inc. generated service revenue of $ 30,000 and income from operations of $ 10,000. The company estimates that, had it extended credit it would have instead generated $ 60,000 of service revenue, but it would have incurred $ 25,000 of additional expenses for wages and bad debts. Using these estimates, calculate the amount by which Income from Operations would increase (decrease). Should the company extend credit?
a corporation has decided to replace an existing asset with a newer model. two years ago the existing asset originally
the lowell merchandising corporation purchased 240000 of display equipment on january 1 2009. the equipment was
ab and c were sharing profit and losses in the ratio of 532. the firm had insured the partners lives severally. the
Determine the actual and standard variable cost per bag of dog food produced, separated into direct materials. direct labor, and variable overhead.
do a trend analysis for 1988 through 1990 and common-size statements for 1988 1989 1990 and the first quarter of 1991.
the accounting records of tuel electronics show the following data.beginning inventory3880 units at8purchases8660 units
you are in charge of the audit of the financial statements of hawk corporation for the year ended december 31. the
heavy load inc. has sales of 3450000 total assets of 1240000 and total liabilities of 275000 which consist strictly of
Rick Smith, Bill Thomas, Diane Asche, and Jill Renteria are equal owners in "STAR, Inc." - a corporation engaged in event planning services. Pertinent information regarding STAR is summarized below.
during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000
if you were an investor who was considering a potential company in which to buy stock what three ratios would be your
sara and jane form wren corporation. sara transfers property basis of 25000 and value of 200000 for 50 shares in wren
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