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Question - In 2020, X Company's profits after taxes were $179,000. In 2021, the selling price is expected to be $35.10, the variable cost per unit is expected to be $24.50, and total fixed costs are expected to be $220,000. Assuming a tax rate of 33%, what must total unit sales be in 2021 in order for X Company to earn profit after taxes of $192,000?
In preparing the consolidated financial statements for the year ended December 31, 2019, what consolidating entry adjustment is necessary
Determine a cost formula for utilities cost using the least-squares regression method. Calculate the R2 as part of your analysis.
Explain the expected impact on the economy, the IRS and other factors that may be relevant. Include at least 3 references. APA format is expected
Preparing financial statements only once every ten years so that accurate measurements can be achieved is inconsistent with? the economic entity assumption.
On January 1 of the current year, the Orange Corporation issues $500,000 of 11%, 20-year bonds for $480,000. Determine the amount of original issue discount
mark macy is buying a house. the house costs 250000. he plans to put 50000 down and borrow 200000 at 3 for 30 years.
lucie corporations purchasing manager obtained a special price on an aluminum alloy from a new supplier resulting in a
fagan company uses a flexible budget for manufacturing overhead based on machine hours. variable manufacturing overhead
Real Interest Rate One assumption made in developing the IFE is that all investors in all countries have the same real interest rate. What does this mean?
For internal reporting purposes, JDE employed the equity method to account for this investment.Prepare a schedule to determine goodwill, and the amortization and allocation amounts.
warren and spencer are partners in a drilling operation.warren purchased a drilling rig to be used in the partnerships
Mortgage payable (200,000 due in six months) $1,200,000. How much should CHERIE CORP. report as shareholders' equity on December 31, 2018
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