Information the amount of income
Paul Company has an investment in assets of $900,000, income that is 10% of sales, and an ROI of 18%. From this information the amount of income would be what?
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The Groovy Movie Chains has invested in a snack bar for its store, where individual pizzas would be prepared and sold. The investment cost the company $45,000.
What is the difference between a price ceiling and a price floor? If a price ceiling is set below the market equilibrium, what will happen to the quality and future availability of the good? Discuss.
The Fairway Restaurant chain had a 12% return on a $60,000 investment in new ovens. The investment resulted in increased sales and an increase in income that was 4% of the increase in sales. The increase in sales was how much?
Scott Company made a $100,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment generates $300,000 in additional sales?
Klumm Company sells the fishing lures for $25. During 2011, the company sold 80,000 lures and produced 95,000 lures.
Xavier and Yolanda 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.
There was no work-in-process inventory at the beginning of the year, nor did Cheung have any beginning finished goods inventory.
Compute the equivalent units of production for the first department for June, assuming that the company uses the weighted-average method of accounting for units and costs.
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