What were the average operating assets
The Western Division of Guinn Corp. had an ROI of 25% when sales were $2 million and controllable margin was $400,000. What were the average operating assets?
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Sabb Corporation's net income last year was $6,200,000. The dividend on common stock was $13.60 per share and the dividend on preferred stock was $2.80 per share.
RoverPlus, a pet product superstore, is considering pricing a new RoverPlus labeled dog food. The company will buy the premium dog food from a company in Indiana that packs the product with a RoverPlus label. Rover pays $6 for a 50-pound bag deliv
Using the weighted-average method, assign April's costs to the department's output-specifically, its units transferred to finished goods and its ending goods in process inventory.
Janes Corporation recorded operating data for its Cheap division for the year. Janes requires its return to be 10%.Sales $ 700,000.
The following information is available for Lock-Down Company, which produces special-order security products and uses a job order cost accounting system.
Finney Co. manufactures a product requiring two pounds of direct material. During 2011, Finney purchases 24,000 pounds of material for $74,400 when the standard price per pound is $3.00.
Finney Container Company is suffering declining sales of its principal product, non-biodegradable plastic cartons. The president, Philip Shapeero, instructs his controller, Sharon Fetters, to lengthen asset lives to reduce depreciation expense.
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