INTERMEDIATE ACCOUNTING(EBOOK-W/WILEY+)
17th Edition
ISBN: 9781119614142
Author: Kieso
Publisher: WILEY
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Firoz Company reported a net income of $16,700 on gross sales of $80,000. The company has average total assets of $115,200 of which $100,000 is property, plant, and equipment. What is the company's return on investment?
Please provide answer this financial accounting question not use chatgpt
Nova Tools estimates $90,000 in overhead for the coming year and expects
$75,000 in direct labor costs.
What is the predetermined overhead rate?
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