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Question - MASK Inc. sells surgical masks to protect COVID-19. Total cash fixed operating costs and depreciation expense are $790,000 and $350,000, respectively. Unit price and unit contribution margin are $2 and $0.80, respectively. Tax rate is 35%. If the firm can generate operating cash flow of $545,000, what is the total variable cost?
a. $2,340,000.
b. $2,160,000.
c. $2,460,000.
d. $2,250,000.
If Nettles is personally bankrupt and unable to pay any of the $15,000, what will be the amount of cash received by King and Tanaka upon liquidation
Why the most significant impact on Return on equity.Among these industries Aircraft Manufacturing, Securities and Commodities Exchanges
She also pays $18.00 per pay period for union dues and uses a a provincial deduction code B on her TP-1015.3-V. Determine Manon provincial income tax deduction
at the end of 2007 carroll corporation a calendar year accrual basis c corporation wanted to make a contribution to a
A small inn has annual fixed costs of $88,000, variable costs of 68% of sales revenue, and a tax rate of 30%. The owner wants an after-tax net income.
Calculate the cost of goods manufactured? Which items in the cost incurred should be included in the manufactured overhead
Identify and describe the four eligibility requirements for a government to recognize revenue in a nonexchange transaction.
Suppose you deposit 505 today, $227 in one year, and $815 in two years in account that pays an annual rate of interest of 8%. How much money will be in account
On January 1, 2020, P Ltd purchased 10% of the outstanding 1,000,000 common shares of Sunk for $200,000. Make journal entries on P Ltd books
Prepare an EPS presentation that would be appropriate to appear on Ainsworth's 2021 and 2020 comparative income statements.
Gross profits on sales 600,000 Operating expenses 165,000 Long term capital gain 10000. Compute Alpha's taxable income and tax liability for Year 1 and Year 2
In five years, Assuming that the car wash will be open 52 weeks a year, compute the expected annual net cash receipts from its operation.
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