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Questions -
Q1. Didasko Ltd runs a shoes manufacturing factory. They charged for $40 each shoes. The fixed costs are $21 600 per year. Producing each unit incurs $20 of labour costs and $3 of raw material costs. If Didasko Ltd's cost of plant and equipment increases, which of the following is correct?
a. No change occurs
b. The break-even point increases
c. Variable costs increases
d. The contribution margin increases
Q2. Tata Motors had $32,115 in Cash and Cash Equivalents as at 31 March, 2015. If Tata Motors is able to earn an average rate of interest equal to 1.8% p.a., compounding annually, what will be the future value of that cash amount after 7 years?
Watkins, Inc. acquires all of the outstanding stock of Glen Corporation on January 1, 2012. At that date, Glen owns only three assets and has no liabilities:
Ms. Lee's salary is $25,000; Mr. Wan's salary is $20,000. How much of the profit is allocated to Ms. Lee
big bear athletic equipment co. operates two division - the winter sports division and the summer sports division. the
Develop a schedule that shows initial values of the various assets that San Antonio acquired or constructed during 2013
Bill is cash basis calendar year taxpayer. Which of the following December items result in gross income or deductions for the current year?
Use this information to determine the dollar amounts that should be reported by Alpha Company during 2017
in a particular factory a shift supervisor is a salaried employee who supervises a shift. in addition to a salary the
Amartya Sen, a professor of economics at Harvard University and a Nobel Laureate, has argued: "For India to match China in its range of manufacturing capacity . . . it needs a better- educated and healthier labor force at all levels of society."
Question - During 1995, the yen went from $0.0125 to $0.0095238. By how much did the dollar appreciate against the yen
The company expects to sell 20% of its merchandise for cash. Prepare a schedule indicating cash collections from sales for March, April, and May
Stewart Corporation's balance sheet at December 31, 2013, Prepare the journal entries to record the 2014 stock transactions for feb5, mar30, sept9
curtis corporation is beginning to manufacture mighty mint a new mouthwash in a small spray container. the product will
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