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Questions -
Q1) Your company has a sales of $250,000 this year and cost of gods sold of $180,000, you forcast sales to increase to $425,000 next year. Using the percent of sales method, forecast next year's cost of goods sold.
Q2) For the next fiscal year, you forcast your net income of $75,000 and ending assets of $600,000. Your firm's payout ratio is 10%. Your beginning stockholder's equity is $350,000 and your beginning total liabilities are $115,000. Your non-debt liabilities, such as accounts payable, are forcasted to increase by $15,000. What is your net new financing added for next year.
Coastal Property Restoration (CPR) periodically purchased used restaurant equipment from Famous Subs and Pizza Company. CPR refurbishes and sells restaurant equipment to small restaurants. In December 2014, CPR purchased five used pizza ovens for $50..
Should the law allow an employer to fire an employee without a good reason? Have observed situations where an employee was fired?
Match the following terms with their definitions Vary in proportion to changes in activity levels Remain the same in total dollar amount as the level of activity changes Where a business's revenues exactly equal costs A specific activity range over w..
statement of stock holders equity.waller publications was organized early in 2004 with authorization to issue 30000
The company expects, as a result, cash flows of $879,225, $9,158,886, and $7,881,497 over the next 3 years. Calculate the payback period.?
What is the payback period? Please show calculation. What is the advantages and disadvantages of using payback period as your investment decision?
Compute for June, Schmidt Machinery Company's Purchase-price and usage variances for aluminum and Direct labor rate and efficiency variances.
This is my situation, I own a used car lot, I sold and report to Department of Revenue in sales the amount of $720.000 dollars.
Journalize the transactions and Provide explanations. HST wont be called a transaction, Can make a balance sheet or something?
Show and Calculate the Earnings per Share for the year. CEM Co. reported net income of $886,000 for 2018. It also declared and paid $68,000 preferred dividends
ANALYZING AN OIL LEASE AS AN OPTION TO DRILL FOR OIL Suppose you own the option to extract 1,000 barrels of oil from public land over the next two years. You are deciding whether to extract the oil immediately, allowing you to sell the oil for $20 pe..
How would your answer modify if Engco sold its goods with title passing at the customer's location?
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