What is tigor enterprises
Tigor Enterprises has sales revenue of $340,000 for 20xx. Its product sells for $12 and has a 20 percent contribution margin. Fixed costs are $32,000. What is Tigor Enterprises' operating income for 20xx?
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Kopke Company, organized in 2012, has these transactions related to intangible assets in that year,Prepare the necessary entries to record these intangibles. All costs incurred were for cash.
Barker Co. acquired 75% percent of the voting common stock of Smith Corp. on January 1, 2013. During the year, Barker made sales of inventory to Smith.
Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were impro perly recorded by the Neitzke Corporation in 2012.
On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,400, and the client paid the first five months' fees in advance.
On july 1 2012 a company loaned a key supplier 75000. A promissory note was signed and issued and due in 8 months from may 1st. The supplier agreed to pay interest on the note at an annual interest rate of 8%.
If the number of misprints in his history chapter is Poisson distributed with mean 5, then assuming Sam is equally likely to choose either book, what is the expected number of misprints that Sam will come across?
Hampton Co. took a physical count of its inventory on December 31. In addition, it had to decide whether or not the following items should be added to this count.
WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.
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