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Cinnamon Buns Co. (CBC) started 2016 with $52,800 of merchandise on hand. During 2016, $293,000 in merchandise was purchased on account with credit terms of 4/10 n/30. All discounts were taken. Purchases were all made f.o.b. shipping point. CBC paid freight charges of $10,200. Merchandise with an invoice amount of $2,800 was returned for credit. Cost of goods sold for the year was $310,000. CBC uses a perpetual inventory system. What is cost of goods available for sale, assuming CBC uses the gross method?
big chuck wishes to maintain a 10000 minimum cash balance at all times. additional financing is available and retired
Impact on earnings of an option and an interest rate swap. Determine the impact on earnings of the above hedges for the ?rst and second 30-day period.
redrafting contribution margin statements.austins shooters inc. operates a paintball course where customers can come to
Comparing actual results to a budget based on the actual activity for the period is possible with the use of a:
which of them belong on the Income statement and which on the Balance sheet?
At the end of the year, Multinational will have overfunded their Givonian pensions by about $100 million US dollars. This amount is material with respect to Multinational’s financial statements. How should this overfunding be reflected in Multination..
Let’s assume that you just reviewed a business plan presentation from an entrepreneur in your town. She is asking for significant investment from you to get the business off the ground. Her financial forecast looks very promising, with expected profi..
hat is a likely explanation for this? Direct your response in terms of the current allocation base used and how the recently adopted robotics system is changing the past cost allocation system.
given the subsequent data compute diluted earnings per share.diluted earnings per share adjusted earnings after taxes
Factoring resource constraints into product mix decisions. Determine the contribution margin per unit for each type of vase. Determine the contribution margin per machine hour for each type of vase.
The straight-line method is used for depreciation. In 2013, Williams on charged its estimates to a total useful life of 5 years with a salvage value of $60,000. Illustrate what is 2013 depreciation expense?
he consumer has $32 to spend, and the price of X, PX = 4, and the price of Y, PY = 1. How much X and Y should the consumer purchase in order to maximize her utility and How much total utility does the consumer receive?
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