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Eckels Wares is a division of a major corporation. The following data are for the latest year of operations:
Sales $24,900,000Net Operating Income $1,319,700Operating Assets, 1/1/2012 $6,200,000Operating Assets, 31/12/2012 $5,800,000The company's minimum required rate of return 12% Required:Compute the following for the year 2012:
a. What is the division's margin?b. What is the division's turnover?c. What is the division's return on investment (ROI)?d. What is the division's residual income?
Define cost behavior and Describe types of costs.
There are different activities undertaken through a business that prove to be either source or use of cash. These can be categorizes under three broad categories that are: investin
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Pauline's Pastry Shop decides to remodel its offices this year. As part of the remodeling, Pauline's trades furniture with a cost of $12,000 that had been expensed in the year of p
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From the following data write the standard cost card for one unit of the sole product manufactured. Standard Cost card for One U
sabonis consmetics co. purchased machinery on december 31,2011, paying $50,000 down and agreeing to pay the balance in four equal installments of $40,000 payable each dec 31. an as
Flexible budgets provide different information than static budgets. Discuss some of these differences. Is a flexible budget always better? Are there times when you’d recom
value of which items are required to be put in a simple format of manufacturing a/c.
product mix decisions with capacity constraint
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