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Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $85,000. Swimkids expects sales of $279,800 next year. What is Swimkids's margin of safety?
calculation of payback period of the project and comment on its liquiditypaybackthree separate projects each have an
Compute taxable income and income taxes payable Prepare the journal entry to record income tax expense
Prepare the operating activities section of the statement of cash ?ows for 2015. Use the indirect method.
Journalize the payment of bond interest on January 1, 2013 - Prepare the entry to amortize bond premium and to pay the interest due on July 1, 2013, assuming no accrual of interest on June 30.
Evaluate the depreciation expense for year under straight-line depreciation and the Allowance for Doubtful Accounts is necessary.
Buy-Rite Pharmacy has purchased a small auto for delivering prescriptions. The auto was purchased for $9,000 and will have a 6-year useful life and a $3,000 salvage value. Delivering prescriptions (which the pharmacy has never done before) should inc..
Prepare a monthly cash budget and supporting schedules for March, April, and May. -On the basis of the cash budget prepared in part (1), what recommendation should be made to the controller?
Show the effect of each of these events on the elements of the financial statements, using a horizontal statements model like the following one.
The accounting records of Shinault Inc. show the following data for 2014. Life insurance expense on officers was $8,400. Equipment was acquired in early January for $341,100. Straight-line depreciation over a 5-year life is used, with no salvage valu..
Calculate Mikes net pay check in the space provided below. Prepare journal entries for Mike's pay and the related payroll expenses. What is the total cost to Baltimore Corp for Mike's services during February?
What is the minimum volume of car sales, per year, in the six-year life of the plant that is needed to make this proposed investment acceptable using NPV as decision criterion?
Determine the rate used to discount the noninterest-bearing note. Determine the explicit interest rate on Note 2.
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