Inc uses a balanced scorecard
Dickinson, Inc uses a balanced scorecard. One of the measures on the scorecard is the percentage of revenue from repeat sales. Which balanced scorecard perspective would this measure most likely fit into?
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Wilma is CEO of and owns 100 percent of WT Enterprises, a cash basis, calendar year corporation. The company has always been profitable but over the last five years Wilma's salary has increased from over $400,000 per year to over $1,000,000 and it
During the year of 20XX, a firm plans to produce and sell 15,000 units at $35 per unit. Budgeted variable costs are 40% of sales revenue and fixed costs are $241,500.
Wissota Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $6 per hour. During February, Wissota Co. spent $56,700 for variable overhead.
Alma Inc. has revenues of $750,000 resulting in an operating income of $52,500. Average invested assets total $375,000; the cost of capital is 10%.
Abby has a $10,000 loss on some collectibles, a $5,000 Sec. 1202 gain, and an $11,000 gain on some securities. If all gains and losses are long term and Abby is in the 25 percent tax bracket, how is her net gain taxed?
The following equity related transactions were completed by wilson company in 2010 jan 12 purchased 1800 shares of baxter company for a price of 56.50 per share plus a brokerage fee of $90 Apr. 10 received a quarterly dividend of $.25 per share on
Valuation Allowance for Trading Investments has a credit balance of $8,700. On December 31, 2010, the cost of the trading securities portfolio was $52,000.
Jude received a $25,000 distribution from BC Corporation that the corporation identified as $15,000 dividend and $10,000 return of capital. What effect does this distribution have on Jude's taxable income if his basis in the stock of BC is $8,000?
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