Reference no: EM133118006
Questions -
Q1) A pharmacy store has cash on hand of $4,500, inventories of $5,500, accounts Receivable (net) of $81,000, and a bank loan of $50,000. What is the pharmacy store's equity?
Q2) If the total assets of the accounting entity is $4,350,000, and the total liabilities of the accounting entity are $1,234,000, the owner's equity in the accounting entity is?
Q3) Total revenue for the accounting periods is $50,000, operating expenses $30,000, gains $3,000, and losses $1,000. The net income before taxes will be what amount?
Q4) Assume a outpatient clinic has revenues of $650,000, Cost of Goods Sold of $400,000 And expenses of $200,000. What is the clinic's net income before taxes?
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What is total variable cost
: What is total variable cost from the list of costs below - Direct labour 110,000, Direct material 170,000 and Factory overheads 80,000
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What is XYZ operating profit
: The XYZ Company has sales of $500,000, a gross profit margin of 40%, operating expenses of $100,000, What is XYZ operating profit
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Prepare a partial income statement
: Prepare a partial income statement for 2021 beginning with income from continuing operations. Ignore EPS disclosures
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How much did the investor pay for the purchase
: An investor purchased five bonds each with a maturity value of $10,000 on April 1, the issue date. How much did the investor pay for the purchase
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What is the clinic net income before taxes
: Assume a outpatient clinic has revenues of $650,000, Cost of Goods Sold of $400,000 And expenses of $200,000. What is the clinic's net income before taxes
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What is the internal growth rate
: Given - Plowback Ratio = 70% and Net Income = $ 1 million. What is the Internal Growth Rate and what is the Sustainable Growth Rate of the Business
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What the markup percentage for setting prices
: Wilde has an annual target operating income of? $920,000. What the markup percentage for setting prices as a percentage of variable manufacturing costs
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Which banking service is emery most interested in
: Emery started working part-time a few months ago, and his paychecks are starting to roll in. Which banking service is Emery most interested in
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Calculate the annual equivalent cost of the mixer
: A mixer was purchased for $33,000 that has estimated salvage value of $5000 and an expected life of 3 years. Calculate the annual equivalent cost of the mixer
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