Entries by Munene david

7 years ago, Maria’s annual salary was $33, 720. Today

7 years ago, Maria’s annual salary was $33, 720. Today, she earns $80,176. What was the average annual growth rate of Maria’s salary? Round the answer to two decimal places in percentage form   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Q7. Towson Company manufactures book cases,

Q7. Towson Company manufactures book cases, and each requires 40 board feet of lumber. Towson expects that 1,500 and 1,950 book cases will be built in June and July, respectively. Towson keeps lumber on hand at 45% of the next month’s production needs. Use this information to determine number board feet of lumber that Towson Company […]

 

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Alpha Mining Company recognizes $2 of depletion for each ton

Alpha Mining Company recognizes $2 of depletion for each ton of ore mined. During 2016, 850,000 tons of ore were mined and 725,000 tons were sold. How much should be recorded for FY 2016 for the following accounts: – Accumulated Depletion – Inventory – Cost of Goods Sold   Looking for a Similar Assignment? Order now […]

 

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Dorchester Company had the following balances at the end of 2018 and 2019 respectively:

Dorchester Company had the following balances at the end of 2018 and 2019 respectively: Net Credit Sales – $825,000 for 2018 and $1,082,000 for 2019. Accounts Receivable – $84,000 for 2018 and $99,000 for 2019. Allowance for Doubtful Accounts – $5,000 for 2018 and 5,500 for 2019 Calculate the accounts receivable turnover ratio to one […]

 

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