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Xavier and Yolonda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 15%, salary allowances of $22,000 and $20,000 respectively, and the remainder equally. How much of the net income of $90,000 is allocated to Xavier?
what are the total product costs for the company under variable costing?
Kelly Malone plans to have $50 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone continues with her plan for two and one-half years.
at the end of the year actual manufacturing over head costs were 120k and applied manufacturing overhead cost were
a company used the percent of sales method to determine its bad debts expense. at the end of the current year the
Prepare journal entries to record the treasury stock transactions. Prepare the equity section of the balance sheet for Cosmo Company.
Develop personal professional skills and capabilities through the application of tools and strategies taking into account the opportunities and constraints of the professional environment
khamsah mining company purchased a tract of mineral land for 900000. it is estimated that this tract will yield 120000
Speedy paid $90,000 of the fuel cost in May, with the remainder paid in June. In addition, Speedy paid $15,000 in May to another fuel supplier in an effort to build up its supply of fuel. Calculate the amount of expense recognized in May under accr..
Assuming that Gray is 52 years old, determine the monthly premium that Gray must include in income as a result of receiving the group-term life benefit?
Which of the follwoing statemetns is true when referring to fixed costs? 1. Committed fixed costs arise from the annual decisions by management. 2. As volume increases, unit fixed cost and total fixed cost will change.
office world inc. has cash and carry customers and credit customers. office world estimates that 25 of monthly sales
shimmer inc is a calendar year end accrual method corporation. this year its sells the following long term assetsassets
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