What will their new current ratio be
Mitchell Corporation has current assets of $1 million and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ratio be?
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Medical Teks provides services to physicians including research assistance, diagnosis coding and medical practice software including an advanced medical record cross-referencing system.
Dirt diggers(DD) is a firm that excavates roadside ditches for laying drainpipe. Its output follow the production function Q=10L-.L^2, where L denotes labor hours and Q the length of the ditch in meters.
For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average shares outstanding of 6,000. There were no preferred stock dividends. What was the 2010 earnings per share?
Pony Inc. issues restricted stock to employees in July 2012, with a 2 yr vesting period and a SRF. An employee must remain a full time employee of Pony for 2 yrs after the the stock is issued.
In 2012, X Company's revenue was $236,250, its total variable costs were $128,250, and its fixed costs were $92,400. Assume that these revenue and cost relationships continue in 2013, but fixed costs increase by 21%.
During February 2010, its first month of operations, the owner of Schwenn Enterprises invested cash of $25,000. Schwenn had cash sales of $4,000 and paid expenses of $7,000.
James Company had checks outstanding totaling $10,800 on its June bank reconciliation. In July, James Company issued checks totaling $77,800.
For 2006, Sparkman Company has cost of goods manufactured of $200,000, beginning finished goods inventory of $40,000, and ending finished goods inventory of $30,000. How much is cost of goods sold?
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