Business, 06.05.2020 06:29 dedgefield
Nu Company reported the following pretax data for its first year of operations. Net sales 2,950 Cost of goods available for sale 2,350 Operating expenses 710 Effective tax rate 20 % Ending inventories: If LIFO is elected 920 If FIFO is elected 1,150 What is Nu's gross profit ratio if it elects LIFO? (Round your answer to the nearest whole percentage.)
a. 59%.
b. 28%.
c. 52%.
d. 64%.
Answers: 3
Business, 22.06.2019 10:50
You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.
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Business, 22.06.2019 11:00
Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
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Business, 22.06.2019 12:00
Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
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Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
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Nu Company reported the following pretax data for its first year of operations. Net sales 2,950 Cost...
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