What were net sales for the year
Robertson Corporation's inventory balance was $22,000 at the beginning of the year and $20,000 at the end. The inventory turnover ratio for the year was 6.0 and the gross profit ratio 40%. What were net sales for the year?
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Under its executive stock option plan, W Corporation granted options on January 1, 2011, that permit executives to purchase 15 million of the company's $1 par common shares within the next eight years.
Spring Corp. has two divisions, Daffodil and Tulip. Daffodil produces a gadget that Tulip could use in its production. Tulip currently purchases 100,000 gadgets for $12.50 on the open market.
Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D1?
At the beginning of the current fiscal year, the balance sheet for Davis Co. showed liabilities of $320,000. Calculate net income (or loss) for the year.
The bid rate of the New Zealand dollar is $.323 while the ask rate is $.325 at Bank Y. What would be your dollar amount profit if you use $2,000,000 to execute locational arbitrage?
Southern California Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2011. In preparing their insurance claim on the inventory loss, they developed the following data.
What is the division's margin (before the new project)?What is the division's turnover (before the new project)?
Peyton's Colt Farm issued a 30-year, 7 percent semiannual bond 7 years ago. The bond currently sells for 94 percent of its face value. The company's tax rate is 35 percent.
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Evidence of Cultural Impact: The cultural impact of economic factors can be observed through specific practices and initiatives within the NSHA:
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