What was the company turnover rounded
Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover rounded to the nearest tenth?
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N is a sole proprietor of a business. In the current year, the business had gross income of $15,000 and operating expenses of $9,750. In May, N sold a capital asset that had been held by the business 14 months for a $750 loss.
The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report).
Given the Internet and the wide dispersal of information that exists today, should auditors also be held liable for users who were unknown to the auditor but relied on the report? Explain your position.
Prepare the Production Department's flexible budget performance report for March, including both the activity and spending variances. (Leave no cells blank.
Luv Care is owned and operated by Debbie Gonalez, the sole stockholder.During May 2011 Luv Care enterend into the following transactions.
F contributes cash of $7,500 and land worth $52,500 (basis of $16,500) to an entity for a 75% ownership interest in the entity, which was created three years ago by G who had contributed $15,000 cash back then.
If the required rate of return is 10 percent and Robb Computer applies the profitability index decision rule, which project should the firm accept?
Kensington's capital balance is $33,860 after admitting Atchley to the partnership by investment. If Kensington's ownership interest is 20% of total partnership capital, what were (1) Atchley's cash investment and (2) the bonus to the new partner?
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