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Trevor Inc. has been manufacturing a popular children's plush toy for over 2 5 years. The company has the following information available for the past
Trevor Inc. has been manufacturing a popular children's plush toy for over years. The company has the following information available for the past year:
Units Sold
Selling price per unit
$
Variable costs per unit
$
Fixed costs total
$
Calculate the operating leverage factor
False Value Hardware began with a credit balance of $ in the refund liability account. Sales and cash collections from customers during the year were $ and $ respectively. False Value estimates that of all sales will be returned. During customers returned merchandise for credit of $ to their accounts.
False Value Hardware's income statement would report net sales of:
Ans: Which of the following statements is CORRECT? O An example of a primary market transaction would be inheriting shares of GE from your grandfather. O Capital market instruments include both longterm debt and common stocks. Money market instruments are illiquid and have high default risk. O If your uncle in New York sold shares of Apple through his broker to an investor in New York, this would be a primary market transaction.
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