User Account

All Pages

What amount of gross profit would atlarge have

Assignment Help Accounting Basics
Reference no: EM132054317

Question - Atlarge Inc. owns 70% of the outstanding voting common stock of Ticker Co. In 2010, Ticker had sold inventory costing $28,800 to Atlarge foor $48,000. All but 25% of this merchandise was consumed by Atlarge during 2010. The remainder was used during the first few weeks of 2011.

What amount of gross profit would Atlarge have realized in 2011 related to Ticker's 2010 sale of inventory to Atlarge?

Reference no: EM132054317

Questions Cloud

Characteristics of romantic relationships : What are stages and characteristics of romantic relationships that a couple experiences?
How much interest income is recognized by the investor : The stated rate of interest is 11% while the current market rate of interest is 13%. Using the effective interest method, how much interest income is recognized
Why is it important for internal and external barriers : Why is it important for internal and external barriers to exist during client and social worker
Counseling-disability and advocacy : Please read the article "Lived employment experiences of college students and graduates with physical disabilities in the United States
What amount of gross profit would atlarge have : What amount of gross profit would Atlarge have realized in 2011 related to Ticker's 2010 sale of inventory to Atlarge
Characteristics of romantic relationships : What are stages and characteristics of romantic relationships that a couple experiences?
Counseling-disability and advocacy : Please read the article "Lived employment experiences of college students and graduates with physical disabilities in the United States" found in the Reading
What is the optimal mix of team shirts : Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, What is the optimal mix of team shirts
Purpose of the proposed victims rights amendment : What is the purpose of the proposed victims' rights amendment? How did this amendment changes laws today?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd