The Buba CORP. had earnings before taxes of 200,000 and sales of 200,000. If it is in the 50% tax bracet its after tax profit would be?
ABC CO. has an average collection period of 60 days. Total credit sales for the year were 300,000. What is the balance in accounts at the end of the year?
A firm has a begining inventory of 300 units at a cost of 11.00 each. Production during the period was 650 units at 12.00 each. If sales were 700 units, what is the value of the ending inventory using LIFO?
If a firm has a fixed cost of 20,000, and variable cost per unit of $.50, and a breakeven point of 5,000 units the price is?