what is an investment company
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A: Gross profit margin percentage = Gross profit / Revenue
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A:
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A: Financial accounting is a specific branch of accounting involving a process of recording,…
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A: Time value of money :— According to this concept, value of money in present day is greater than the…
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A: Absorption costing refers to a method of costing to account for all the costs of manufacturing.
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A: There is tax due of $2,356 for Smiths and refund due of $1,256 for Millers
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A: The AM Bakery Bakery Sales Actual…
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A: Mark-up cost structure - Markup is the value that is added to the cost of the product to ascertain…
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A: Introduction Capital gains tax is a tax levied on earnings made from the sale of assets or capital…
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A: Inventory refers to the raw materials or stock that are available for purchase or manufacture. Three…
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A: A database seems to be a collection of information that has been prepared for simple access,…
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A: Formula = Fixed predetermined overhead rate = Estimated Fixed overhead ÷ Estimated…
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A: Quick ratio is also known as the acid-test ratio. It is a type of liquidity ratio, which measures…
Q: EXERCICE 1 Sales Income: Salaries Expense: Rent Expense: Utilities Expense: Total Operating…
A: Income Statement - Income Statement includes Revenue earned and Expense incurred during the…
Q: 2. Transfer the journal entry into the general ledger and related subsidiary ledger
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A: Interest is the amount which is payable on the Loan taken, In the present case simple interest…
Q: ploys process costing system. A unit of prod hing before it is complete. Information regard Feb 1…
A: Inventory - Inventory is a crucial asset for any business. It is described as the assortment of raw…
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A: INTRODUCTION: The price a company pays to purchase or make its items is known as the cost of goods…
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A: Contribution margin per unit=Selling price-Variable cost per unit Break-even point units=Fixed…
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A: Bonds Payable - Bonds are the notes issued by the payer to the collector. It is the promissory notes…
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Q: what type of companies use taxonomists in doing taxonomy
A: Taxonomists are often employed by companies in the fields of library science, publishing, and…
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A: Depreciation refers to decrease in value of fixed assets due to passage of time or technology or…
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A: To solve the above question we need to prepare Income Statement to find out net income earned or…
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A: Income Statement :— It is one of the financial statement that shows revenue, expenses, net income…
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