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Author Archives: Anonymous

McEwen Mining recently reported $130,000 of sales, $67,000 o…

McEwen Mining recently reported $130,000 of sales, $67,000 of operating costs other than depreciation, and $10,200 of depreciation.  The company had $20,000 of outstanding bonds that carry a 6% interest rate, and its tax rate was 35%.  How much was the firm’s net income?   Your answer should be between 25334 and 36870, rounded to even dollars (although decimal places are okay), with no special characters.

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The assets of Dallas & Associates consist entirely of curren…

The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $650,000, and total common equity of $1.5 million. The firm also has accounts payable and accruals of $100,000 on its balance sheet.  What is the company’s total debt? Your answer should be between 670,000 and 990,000, rounded to even dollars (although decimal places are okay), with no special characters.

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Compute the missing term. ​ ​ Dollar Selling ​ Cost Mark…

Compute the missing term. ​ ​ Dollar Selling ​ Cost Markup Price ​ $725.50 $424.50 _______ ​ ​

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Compute the complement rate and the net price using the comp…

Compute the complement rate and the net price using the complement method. ​ List Trade Complement Net ​ Price Discount Rate Price ​ $4,250 35% __________ __________ ​ ​

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Each of the following is a narrator in this book EXCEPT…

Each of the following is a narrator in this book EXCEPT…

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Compute the missing term. ​ ​ Dollar Selling ​ Cost Mark…

Compute the missing term. ​ ​ Dollar Selling ​ Cost Markup Price ​ ______ $349.28 $775.50 ​ ​

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Which of the following is a hobby that Oskar uses to deal wi…

Which of the following is a hobby that Oskar uses to deal with his emotions?

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Which of the following is associated with Oskar’s grandmothe…

Which of the following is associated with Oskar’s grandmother?

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Compute the amounts of the trade discounts (where none exist…

Compute the amounts of the trade discounts (where none exists, enter an “*”) and the net price. Round each discount to the nearest cent. ​ List Trade Trade Discount Amounts Net ​ Price Discounts First Second Third Price ​ $4,000 30%, 15%, 5% _________ _________ _________ _________ ​ ​

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Compute the amount of the trade discount and the net price u…

Compute the amount of the trade discount and the net price using the discount method. ​ List Trade Discount Net ​ Price Discount Amount Price ​ $845 15% __________ __________ ​ ​

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