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Question -
1. Grimms Inc. expects total sales of $10,000. The price per unit is $5. The firm estimates an ordering cost of $7.50 per order, with an inventory carrying cost of $0.70 per unit. What should the company do to minimize its total inventory costs per unit?
2. You purchased a $100 Face Value T-bill at $99.80. If you held the T-bill to maturity and returned a 8038% yield how long did you hold the T-bill?
3. If you bought a T-bill at $99.44 and held it for 180 days what would your return be?
topeka bike company received a 940 check from a customer for the balance due. the transaction was erroneously recorded
Collectability of the note is reasonably certain. On December 31, 2021, how much should RM record as unearned franchise fees
The marginal tax rate over the next 7 years is 23%, the inflation rate is 1% and the risk premium is 0.5%. What is the down payment on the van
In 2019, ABC Company had $700,000 of revenue and $320,000 of operating expense. The company has a 20% Income tax rate. What is the company's profit for.
in recent years there has been a lot of media coverage about the funding status of pension plans for state employees.
During 2017, intra-entity sales of $150,000 (original cost of $72,000) were made. What is consolidated net income for Placid Lake and its subsidiary
Sales for the period total $400,000, of which $40,000 was directly for cash. How much cash was collected from making sales and collecting accounts receivable
Accounts receivable are $535,000 at the end of the year, Prepare the adjusting journal entry to record bad debt expense for the year
A description of each. An example of each as used in the workplace
Blackrock Paper, Inc. owns and operates a large pulp and paper mill in western Georgia. Adjusting entry for warranty expense for the period
Identify one internal information source and one external information source that can be used to plan and developed a company's sustainability policy.
Calculate the accounts receivable turnover and average collection period for 2011
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