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Question - HARRY has a 30 % interest in POTTER, a joint venture. POTTER sold 100,000 in merchandise to HARRY during the year at its normal gross margin of 40%. By the end of the year, HARRY had sold 80% of this merchandise to an external customer. What adjustment should HARRY make to equity income from POTTER as a result of the unrealized profit in ending inventory?
If EBIT is 10 percent on total assets, Determine and compute earnings per share (EPS) before the expansion and under the two alternatives.
Fit for the Future scramble
What is the rate of return on common stockholders' equity if sales are $100,000, net income is $22,700, and average common stockholders' equity is $86,000
DCL Industries purchased a supply of mechanical components from E Corporation on November 1, 2020. In payment for the $48,000 purchase, DCL issued a one-year.
Research the various loan programs available from the Small Business Administration. Briefly describe a small business you could envision yourself owning.
Direct materials used $22 800 Direct labour hours worked 600 Direct labour rate per hour $16.00. Calculate the cost per coffee table for Job No. X10
determine at least one issue that can result when you dispose of depreciable business property. assess the key
A company pays its employees $4,350 each Friday, determine the amount of salaries earned but unpaid at the end of the accounting period
chris invested 10000 in a found that pays 8 annual interest compounded quarterly 4 times per year. how much will be on
steverino inc. offers a restricted stock award plan to its vice presidents. on january 1 2013 the corporation granted
Discuss what we mean by the term "Corporate Social Responsibility".
If given the chance to practice your profession as a regular employee, Which between the two forms of business organization will you prefer? Why?
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