Business, 27.08.2019 22:20 Colorfulpolkadots
During 2009, raines umbrella corp. had sales of $746,000. cost of goods sold, administrative and selling expenses, and depreciation expenses were $574,000, $94,000, and $127,000, respectively. in addition, the company had an interest expense of $100,000 and a tax rate of 35 percent. (ignore any tax loss carryback or carryforward provisions.) assume raines umbrella corp. paid out $18,000 in cash dividends. if spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the firm's net new long-term debt
Answers: 3
Business, 21.06.2019 20:00
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Business, 22.06.2019 00:00
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Business, 22.06.2019 04:00
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Business, 22.06.2019 16:10
Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.
Answers: 2
During 2009, raines umbrella corp. had sales of $746,000. cost of goods sold, administrative and sel...
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