Business, 11.02.2020 02:55 ibrahimuskalel
Selected current year company information follows:
Net income $ 16,553
Net sales 718,855
Total liabilities, beginning-year 89,932
Total liabilities, end-of-year 109,201
Total stockholders' equity, beginning-year 204,935
Total stockholders' equity, end-of-year 130,851
The return on total assets is:
Answers: 1
Business, 21.06.2019 13:30, rollercoasterbuddies
The budgeted overhead cost for the year is $1,260,000. the company has estimated that one-third of the budgeted overhead cost is incurred to support the firm's two partners, and two-thirds goes to support the staff accountants. the current audit bid for monoco industries requires $18,000 in direct partner professional labor, $30,000 in direct staff accountant professional labor, $5,000 in direct material. what is the overhead rate based on a single cost driver (rounded to the nearest percentage)?
Answers: 3
Business, 22.06.2019 12:10, gingerham1
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
Selected current year company information follows:
Net income $ 16,553
Net sales...
Net income $ 16,553
Net sales...
History, 11.10.2019 19:30
Biology, 11.10.2019 19:30
Mathematics, 11.10.2019 19:30