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The statement of profit or loss for Kasinski Manufacturing Ltd contains the following condensed information,
KOSINSKI MANUFACTURING LTDStatement of profit or lossfor the year ended 31 December 2016
Machinery was purchased at a COSI of S750 000. The following balances are reported on Kosinski's 2016 statement of financial position at it December:
REQUIREDa. Prepare the statement of cash flows using the direct method.b. Prepare the reconciliation of profit and cash provided by operating activities.
Hugo is the manager of a medium-sized retailing operation and is concerned about the collection of monies for goods sold. He has a current policy for collecting monies from credit customers and all goods are sold on credit.
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Using the activity rates calculated in requirement a and the actual cost driver activity levels shown for March
mitchell company had the following budgeted sales for the last half of last yearcash salescredit salesnbspnbspjuly60000
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The Alford Group had 202,000 shares of common stock outstanding at January 1, 2013. Determine the 2014 EPS.
discuss how these have an impact on the breakeven, and what happens if these factors increase or decrease
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