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Question - The following information is for General Medical Company for the year 2010:
Net Sales $45,000
Cost of Goods Sold 22,000
Inventory, 1/1 5,000
Purchases 25,000
Accounts Receivable 1/1 10,000
Accounts Receivable 12/31 8,000
Required - What was the Inventory Turnover for the year 2010?
The project also requires 5 new technicians today with annual salary of 60 000$ for each. Calculate the Net Present Value of this project
Compute the total cost to Kenton of employing Knox for the year. Kenton is subject to employer Social Security taxes at a rate of 6.2% and Medicare taxes.
The bank requires Mr. Smith to make payments of $4,212.90 at the end of every month. How many payments will Mr. Smith have to make?
You are a store manager for a large, regional department store chain. Company headquarters has asked you to submit an evaluation of your assistant managers performance.
Cart Company recorded operating data for its shoe division for the year. Sales $750,000, Contribution margin $150,000, Controllable fixed costs $90,000, and Average total operating assets 300,000. How much is controllable margin for the year?
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Cash budget The monthly cash budgets for the second quarter of 2010 follow ($000 omitted) for Morrison Mfg. Co
The company must contribute an additional $105 for EI and CPP. How much would the company record as salary expense for that week?
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