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Problem 1: A company makes a profit before tax of R50 000. Its opening retained earnings was R350 000 and its closing retained income was R360 000. The tax rate is 28%. What is the value of the dividends paid?
a) R10 000b) R18 720c) R26 000d) R40 000
Company has December unit sales of 12,000 units. Assuming a 5% growth, what is the projected UNIT SALES? Also, 12,000 units and assuming a 5% growth and a selling price per unit of $40, what is the PROJECTED UNIT SALES?
What is the present value of this investment if 6.3 percent per year is the appropriate discount rate? Round the answer to two decimal places.
What amount should Cove report for additional paid-in capital on the issuance of the stock?
Prepare the journal entry required for each case. Explain your proposed treatment. During the year $5,500,000 was paid to staff to investigate whether a drug.
None of the above is necessarily true, because the information provided does not allow us to determine what happens to the amount spent on X as the price of X falls.
Blossom Company returns $2100 of merchandise that was damaged, along with a check to settle the account. What is the amount of the check?
Determine the Net Present Value of the replacement decision. One year ago, Caffe Vita Coffee Roasting Co. (CVCRC) purchased three small-batch coffee roasters
Identify one of the gross income exclusions. In your opinion, should it be included as income? Do you agree with the rationale for its exclusions? Why or why not? You can approach this question from an economic, social, revenue, or political perspect..
How do international factors affect decision making? Although the same basic principles of capital budgeting apply to both foreign and domestic operations
Gundy Company expects to produce 1,275,240 units of Product XX in 2012. Monthly production is expected to range from 79,150 to 109,850 units. Budgeted variable manufacturing costs per unit are: direct materials $4, direct labor $8, and overhead $9.
The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.Bal.,900 unita, 35% completed 22,450, direct m..
Using the contribution margin approach, find the contribution margin ratio for Consumer Products if the selling price per unit is $15, the variable cost per unit is $7.50, and the fixed costs are $8,000.
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