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Question - During September 2014, books used books had sales of 225,000 and sales discount or 5,000 and sales returns and allowances for 7,500, The company's expenses were as follows: cost of goods sold 55,000, sales salaries expenses of 10,000, advertising expense of 15,000, rent expense of 8,000, office salaries expense of 11,000 and office supplies expense of 3,000. What are books used books net sales, gross profit, gross profit ratio and net income for 09/2014?
The shareholders equity section of Rowen Company shows: Common stock $1,500,000; paid-in capital in excess of par value of $1,000,000;
Assume you own portfolio of British securities valued at $430,000. The exchange rate is currently at $1 = £0.57. A currency contract on British pounds is set at 62,500 pounds.
Examine the steps necessary to complete a sale and discuss how the sales order process is integrated with other processes (credit and collections, delivery, etc.). Indicate your overall satisfaction with the process.
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on january 1 2001 art shell loaned 30052 to phil hilton. a zero interest bearing note was exchanged solely for cash no
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