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Shown here are condensed income statements for two different companies ( both are organized as LLCs and pay no income taxes).Required:
1. Compute times interest earned for Ellis Company.
2. Compute times interest earned for Seidel Company.
3. What happens to each company's net income if sales increase by 10%?
4. What happens to each company's net income if sales increase by 40%?
5. What happens to each company's net income if sales increase by 90%?
6. What happens to each company's net income if sales decrease by 20%?
7. What happens to each company's net income if sales decrease by 50%?
8. What happens to each company's net income if sales decrease by 80%? Analysis Component:
9. Comment on the results from parts 3 through 8 in relation to the fixed cost strategies of the two companies and the ratio values you computed in parts 1 and 2.
cherie companys standard labor cost of producing one unit of product dd is 3.70 hours at the rate of 13.00 per hour.
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betty jones files a return as a single taxpayer. items of income received by betty in 2011 were as follows. interest on
hard corporation projects sales of 230000 in may 250000 in june 260000 in july and 240000 in august. since the dollar
1. The journal entry to pay a cash dividend is to:
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