The monthly investment in fixed expenses
If the sales manager receives a bonus of 15 cents for each unit sold in excess of the break-even point, how many units must be sold each month to earn a return of 25% on the monthly investment in fixed expenses?
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Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. The 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon.
At the end of 2011, Barker Corporation's preliminary trial balance indicated a current ratio of 1.2. Management is contemplating paying some of its accounts payable balance before the end of the fiscal year.
Supply chain management focuses on aligning people, processes, information, and technology to a common set of goals and objectives across the supply chain of products and services to meet the needs of all industries, companies will drive increased
At the end of the fiscal year, the General Fund is owed $5,000 by the City Library Fund (a special revenue fund) and $8,000 by the City Electric Fund (an enterprise fund) for service billed but still unpaid.
Leverage Corporation had net income for the year of $600,000 and a weighted average number of common shares outstanding during the period of 200,000 shares.
Discharge of debt. During bankruptcy, USA Corporation debt was reduced from $780,000 to $400,000. USA Corporation%u2019s assets are valued at $500,000. USA%u2019s NOL carryover was $400,000.
Fenton Co. had net income for 2014 of $400,000. The average number of shares outstanding for the period was 200,000 shares. The average number of shares under outstanding options, at an option price of $30 per share is 12,000 shares.
On January 1, 2014, Jay Company had 10,000 shares of $1 par common stock outstanding, and 4,000 shares of $100 par value, 7% cumulative, nonconvertible preferred stock.
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You are a social worker working with foster children. You are making a home visit to Katie, age nine, and her foster family.
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