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Swifty Corporation reported net sales of $660000, $726000, and $795000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base?
The profits are $50per inkjet printer and $70per laser printer. Find the number of each type of printer that should be made to give maximum profit, and find the maximum profit.
The divorce decree further states that alimony is to cease upon the death of the wife. In 2011, he made six payments. Explain how do the transactions in the divorce agreement affect Arnold's and Barbara's taxable income
When a bank reconciliation has been satisfactorily completed, the only related entries to be made in the depositor's records and example of internal control over cash
Nature's Garden, a new restaurant situated on a busy highway in Pomona, California, specializes in a chef's salad selling for $7. Daily fixed costs are $1,500, and variable costs are $4 per meal. With a capacity of 800 meals per day, the restaurant s..
In December, Sara’s Sodas produced 4.1 million liters of the beverage. Manufacturing overhead was $1,405,000 and the cost per liter was $0.41. Labor costs were 20 percent of materials cost. Calculate the materials cost for December. Calculate the lab..
Prepare the journal entry to record this transaction by Killarny Enterprises, if the company's stock is not publicly traded and the land has an appraised value of $110,000 - Prepare the journal entries for two transactions by Killarny Enterprises.
phillips company bought 40 ownership in jones bag company on 1st january 2001 at underlying book value. in 2001 2002
accounting fundamentals based on accounting principles.presented below are the assumptions and principles discussed in
Schalpfer Inc. is trying to determine whether to give a $15 rebate, to cut the price to $8, or to have no price change on a software networking product. Currently, 40,000 units of the product are sold each week for $45. The variable cost of the produ..
Basic transaction processing. On November 1 of the current year, Richard Simmons established a sole proprietorship. The following transactions occurred during the month: Record each transaction on a separate line. After all transactions have been rec..
The municipal bond is yielding 1.15% and the corporate bond is yielding 2.10%. - At what marginal tax rate would the bond investor be indifferent between the two bonds?
Smith company had an unfavorable total direct labor variance. In this case it would NOT be possible for the direct labor price and usage variances, respectively, to be
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