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Question - Push It Corporation produces push-button switches used in the manufacture of electric fans. For the year 2019, the sales of electric fans have been forecasted at 800,000 units. Each unit of electric fans requires 4 pieces of push-button switches. Push It regularly supplies 60% of the push-button switches used in the production of new electric fans. In addition, a replacement parts market also exists. Over the past 5 years, the sales of the replacement push-button switches have increased per year by 20% of the preceding year's sales. In 2018, Push It sold 150,000 pieces of push-button switches for $10 per piece in both markets. What is the budgeted sales revenue based on the expected number of pieces of push-button switches to be sold in 2019?
What is Misty's net income from continuing operations? Misty Company reported the before-tax items during the current year Sales revenue
Microsoft's adjusted closing price for 2020 is $222.42 and for 2019 is $156.05. What is the annual return for your price-weighted technology stock index
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If a check correctly written and paid by the bank for $754 is incorrectly recorded in the company's books for $745, how should this error be treated on the bank reconciliation?
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Assume you are part of the Internal Audit team, Advice management of ABC LLC on developing the fraud risk management strategy.
Prepare a Cash Budget for the months of January, February and March - Prepare a Cash Receipts Budget for the months of July, August and September
If the nominal annual inflation rate is 6% compounded monthly, find the equivalent value of the 20th payment of this loan measured in Year-0 dollars
Your company has earnings per share of $4. It has 1 million shares outstanding, each of which has a price of $40. You are thinking of buying TargetCo, which has earnings per share of $2, 1 million shares outstanding, and a price per share of $25. You..
A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's current inventory consists of 200 units purchased at $16 per unit. Days' sales in inventory:
On January 1 Revis Consulting enters into a contract to complete a cost reduction program for Green Financial over a six-month period. Green will pay Revis $20,000 at the end of each month. If total cost savings reach a specific target, Green will pa..
Find how much was the gain or loss experienced by Briar in reacquiring its 5% bonds? Provide the journal entries to retire the bond on July 1st, 2020.
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