Holly's Hams, Inc. sells hams during the major holiday seasons. During the current year 10,000 hams were sold resulting in $355,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs. 6) Contribution margin per ham is: A) $5.00 B) $ 30.00 C) $20.00 D) None of these answers are correct. B Explanation: B) ($355,000 - $55,000) / 10,000 hams = $30 per ham
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Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
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Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. โ exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) โ na = (360 ) (360 ) oa b. na = (360 ) + 360 360 โ na = 360 na c. (360 ) = na + (360 ) (360 ) โ na = (360 ) na d. na = (360 ) + 360 360 โ na = 360 na
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Holly's Hams, Inc. sells hams during the major holiday seasons. During the current year 10,000 hams...
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