Albert's total assets are $250,000; its total liabilities are $100,000; its total equity is $150,000; its long-term assets are $80,000; and its property, plant, and equipment is $50,000. If the company prepares a common-size balance sheet, its property, plant, and equipment would be expressed as:
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Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800
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Suppose that a recent celebrity endorsement made more people prefer this brand of cell phone. now, more cell phones are demanded at each price level. the new equilibrium price is where both supply and demand quantities equal $120, 200 or $160, 300
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Albert's total assets are $250,000; its total liabilities are $100,000; its total equity is $150,000...
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