What is easts cost of merchandise sold
East, Inc. had beginning inventory of $10,000, purchases of $25,000, and ending inventory of $5,000. What is East's cost of merchandise sold?
a. $10,000
b. $25,000
c. $5,000
d. $30,000
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Orosco Supply Co. has the following transactions related to notes receivable during the last 2 months of 2008.
Collier borrowed $175,000 on October 1 and is required to pay $180,000 on March 1. What amount is the note payable recorded at on October 1 and how much interest is recognized from October 1 to December 31?
1. Calculate the abnormal earnings growth for each year 2008 - 2011. 2. What is the per-share value of the equity at the end of 2006 based on the abnormal earnings growth valuation model?
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The Deutsche mark futures contract effectively hedges against the effect of exchange rate changes on the U.S. dollar value of the Deutsche mark payable.
A firm operate at 90% of capacity for the past year, during which fixed costs were $320,000, variable costs were 60% of sales and sales were $1,000,000. what is operating profit was?
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