What is the planned annual operating
What is the planned annual operating income at a selling price of $12 per unit when the total manufactoring costs are $6 .30 and the expenses are :variable $3.20, Fixed: $1.20. These fiqures are for 10,000 units per month.
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The problem states that sales increased 20%. So multiply the current sales by 20% and add that amount to the current sales. Then use this new sales number to calculate margin.
Reck Company receives a $10,000, 3-month, 8% promissory note from Fey Company in settlement of an open accounts receivable. What entry will Reck Company make upon receiving the note?
The local YMCA is looking to purchase a local business that relates to other lines of business they currently have, so they feel it would be a good fit for their current operations as the Board of Directors feels there are a lot of synergies and e
Company A has revenues of 3,750, net income to common sharholders of 476, income before interest and related taxes of 476, total average of total asset of 2458 and common sharholders equity of 2256.
Carnival Corporation has recently placed into service some of the largest cruise ships in the world. One of these ships, the Carnival Glory, can hold up to 3,000 passengers and cost $530 million to build.
Bank collected $1,278.90 note for Family in July, plus interest $51.16, less fee $28.42. The collection has not been recorded by Family, and no interest has been accrued.
The data relating to units shipped and total shipping expense have been assembled by archer Company, a wholesaler of large, custom-built-air-conditioning units for commercial buildings.
What is the amount of the discount, and up to what date must the invoice be paid in order for the buyer to take advantage of the discount?
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