Common-size percentage for the net income
Foreign Travel Services has net income of $48,400, total assets of $219,000, total equity of $154,800, and total sales of $311,700. What is the common-size percentage for the net income?
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Please review the following real-world ratios for Johnson & Johnson and Pfizer for the year ended 2012 and address the 2 questions below.
In 2011, Jeffrey Company disposed of a segment of its business and incurred a pretax loss on the disposal of $40,000. In the same year, a flood caused $15,000 of damages to the building.
What is the process by which members of a jury are chosen to ensure a non biased jury member? 250 words
Atlas Tire Irons, Inc. is considering borrowing $5,000 for a 90-day period. The firm will repay the $5,000 principal amount plus $150 in interest. What is the effective annual rate of interest?
Pass Corporation owns 80% of Sindy Company, purchased at the underlying book value on January 1, 2010. On January 1, 2010, Pass also purchased $200,000 par value 6% bonds that had been issued by Sindy on January 1, 2007 with a ten-year maturity (d
A firm has common stock of $84, paid-in surplus of $200, total liabilities of $380, current assets of $330, and fixed assets of $540. What is the amount of the shareholders' equity?
Assume that all direct material used is only recorded at the end of the month. Also assume that the firm uses a standard cost accounting system (with variances recorded). Prepare the journal entry for direct materials used du
Pierson Corporation owned 10,000 shares of Hunter Corporation. These shares were purchased in 2007 for $90,000. On November 15, 2011, Pierson declared a property dividend of one share of Hunter for every ten shares of Pierson held by a stockholder
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