What is the ending inventory for the year
A company has sales of $2,458,422, a gross profit ratio of 23%, a days' sales in inventory ratio of 12.4, and total current assets of $539,600. What is the ending inventory for the year?
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A firm has outstanding debt with a coupon rate of 9%, nine years maturity, and a price of $1000 per $1000 face value. What is the after-tax cost of debt if the marginal tax rate of the firm is 30%?
Barb (age 55) is divorced and lives with her 16-year old daughter, Katie. Barb worked as a massage therapist and earned $45,000 in 2013. Katie is in high school, and earned $5,000 babysitting in 2013
A firm incurs $70,000 in interest expenses each year. If the tax rate of the firm is 20%, what is the effective after-tax interest rate expense for the firm?
The format of the income statement most useful in decision-making is which of the following?
Nature House's owners want to earn a 14% return on the company's assets. What is Nature House's target full cost?
What is the journal entry to apply student scholarships, for which no services were required, amounted to $930,000. Students applied these scholarships to their tuition bills the beginning of each semester.
Maynard, Inc., has no debt outstanding and a totalmarket value of $250,000. Earning before interest and taxes, EBIT, are projected to be $28,000 if economic conditions are normal.
Discuss how the government intervenes in a market to internalize the cost of a negative externality. Give an example.
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