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Question - Pam and Lenny's ice cream shop charges $1.45 for a cone. Variable expenses are $0.28 per cone, and fixed costs total $2,100 per month. A "sweetheart" promotion is being planned for the second week of February. During this week, a person buying a cone at the regular price would receive a free cone for a friend. It is estimated that 800 additional cones would be sold and that 1,000 cones would be given away. Advertising costs for the promotion would be $125.
What is the operating income for the second week of February.
Beatrice Company estimates that unit sales of its lawn chairs will be 7.100 in October; Compute Beatrice's sales budget for the fourth quarter
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Which of the following are based on an ability to pay? Explain. a. State Y collects a sales tax of 5% on all purchases of goods and services.
What are some steps taken by both the FASB and IASB to move to fair value measurement for financial instruments? In what ways have some of the approaches differed?
trevor hancock has just retired. he has set aside enough money in his retirement fund to be able to withdraw 15000 per
1. Prepare the journal entry to record the issuance of the bonds on July 1, 2010 2. Prepare the adjusting journal entry on December 31, 2010, to accrue the interest expense. 3. Prepare the journal entry to record the interest payment on January 1, 20..
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foreign currency items restructuring charges unrealized gains and losses pension liability adjustments
If the assets can be sold for $260,000, what is the minimum amount that Bell's creditors would receive
ger company reports the following operating results for the month of august sales 300000 variable costs 210100 and
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