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Target had beginning inventory equal to 1,000 and ending inventory equal to 2000. COGS was equal to 6,000. What was Target’s days to sell? The answer is 91 days but could you please give a detailed solution of how that is calculated?
A company has recorded the following variances for a period:Sales volume variance $10,000 adverse Sales price variance $5,000 favourable Total cost variance $12,000 adverse Standard profit on actual sales for the period was $120,000. What was the fix..
Preliminary analysis using these activity rates has indicated that the local commercial segment of the market may be unprofitable. This segment is highly competitive. Producers of local commercials may ask three or four companies like Pixel Studio to..
After closing on December 31, 2010, Direct Delivery Company (DDC) had $9,200 of assets, $4,000 of liabilities, and $1,400 of common stock. During January of 2011 DDC earned $1,500 of revenue and incurred $600 of expense. DDC closes it books each y..
Conduct an interview with someone who has a career different then your own and identify the duties associated with the position as well as any skills and abilities and then answer the following questions. what are the duties and job responsibilities ..
The activity method of depreciation and For income statement purposes, depreciation is a variable expense if the depreciation method
How should this be assembled. EX 7-11 Lower-of-cost-or-market inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 7. Commodity Invento..
Your firm has sales of $628,000 and cost of goods sold of $402,000. At the beginning of the year, your inventory was $31,000. At the end of the year, the inventory balance was $33,000. What is the inventory turnover rate? Show calculations.
The appropriate value for the stag horn buttons inventory in total and per 100 buttons- show calculations to justify your answer.
In capital budgeting (in recent years), what has been the advantage of financing with debt as opposed to equity?
During the year, the Senbet Discount Tire Company had gross sales of $1.12 million. The firm’s cost of goods sold and selling expenses were $531,000 and $221,000, respectively. What was Senbet’s net income? What was Senbet’s operating cash flow?
Please, provide answer with detailed calculation, i.e. excel file if needed and bullet point answers. Please provide explanation and not just 'yes'/'no' answer. All answers must be backed with quantitative parts.
Using the original data in the problem, compute a new break-even point in units if the unit sales price is increased 20%, unit variable cost is increased by 10%, and total fixed costs are increased by $135,000.
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