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A company has net sales of $1,700,000, beginning net receivables of $240,000 and ending net receivables of $180,000. What is days' sales in accounts receivable?
There are 5 primary bond portfolio management strategies: passive; laddering; indexing; immunization; and, active. Select one of these strategies and explain how it is used to effectively manage all
Dunston Company will receive $100000 in a future year. If the future ... year. If the future receipt is discounted at an interest rate of 10%, its present value is $51316. In how many years is the $
The state's defined benefit plan that will prvide annual retirement benfits determined by the formula 1.5% X years of servics X salary at retirement.
Discuss how an employer an use participation in a defined contribution plan as a competitive advantage.
Caculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling
The standard price of the rate material is $4.70 per meter. The materials variances for October were:
First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a $5,000 deposit in each bank, how m
The company recomputes its predetermined overhead rate every month. what the predetermined overhead rate for October should be:
You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure information for this com
The actual vehicle operating cost for the month was $8,730. what the activity variance for vehicle operating cost in November would be?
The actual cost for catering supplies in March was $4,990. what the spending variance for catering supplies in March would be closest to:
Becky places five-year property in service during June 2010 using the half-year convention. Depreciation is $1,500 under the 150% declining balance method and $2,000 under 200% declining balance. Be
After all bills for the party were paid, the total came to $2,315. Details are $575 for hotel room rental, $640 for food, $750 for entertainment, and $350 for decorations. 100 persons attended the p
During the month of May, Discover's toothpick motor production used 5,900 direct labor-hours at a total direct labor cost of $54,575. This resulted in production of 4,800 toothpick motors for May. W
If the Rubber Division was dropped at the beginning of last year, how much higher or lower would Vanikoro's total net operating income have been for the year?
A. By how much will each division's income increase as a result of this transfer?
Crick Corporation makes 11,000 units of part W28 each year. This part is used in one of the company's products. The company's Accounting Department reports the following costs of producing the part
A. Determine the amount that the South Region's costs were over or under budget.
If fixed expenses for the company as a whole are $60,000 and the product mix is constant, what the overall break-even point for the company would be ?
Emu Company which was formed in 2010, had an operating income of $200,000 and operating expenses of $120,0000 in 2010. In addition, Emu had a long-term capital loss of $10,000. How does Andrew, the
At a break-even point of 400 units sold, variable expenses were $4,000 and fixed expenses were $2,000. What will the 401st unit sold contribute to profit?
Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following?
Carver Company produces a product which sells for $30. Variable manufacturing costs are $15 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed sell
Prepare an income statement for the year ended December 31, 2009. (Assume that 11,000 shares of stock are outstanding.)