70‚000 units 80‚000 units 90‚000 units Sales $1‚400‚000 $1‚600‚000 $1‚800‚000 Cost of goods sold 840‚000 960‚000 1‚080‚000 Gross profit on sales $560‚000 $640‚000 $720‚000 Operating expenses ($90‚000 fixed) 370‚000 410‚000 450‚000 Operating income $190‚000 $230‚000 $270‚000 Income taxes (30% of operating income) 57‚000 69‚000 81‚000 Net income $133‚000 $161‚000 $189‚000 Assume that the cost of goods sold and variable operating expenses vary directly with sales and the income taxes remain
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Axia College University of Phoenix WORLD CULTURE AND THE ARTS (AXIA) HUM/205 Jaynelle Nixon January 27‚ 2008 Museum Collection 2 Classical and Hellenistic Greece One of the most well known piece of this time‚ is the statue called Ludovisi Gaul killing himself and his wife‚ also known as The Galatian Suicide. The original was made by Greek sculptors commissioned by Attalus I after his victories over the Gauls of Galatia. This is a statue of A man about to drive a
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Name ________________ Section time _______________ ACC 321 – Quiz 1 PART I: Multiple choice‚ 3 points each. (Transfer your answers to the proper question on the answer sheet and fill in only one circle per question.) 1. Which of the following is NOT a major challenge facing the accounting profession? a. Non-GAAP earnings. b. Fair value measurement. c. Accounting for fixed assets. d. Forward-looking information. 2. The objective of financial reporting places most
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ACC 444 Exam 1 Guide Summary of Questions (approximate): Topic # Multiple Choice Questions (2 pts each) Total Points Business Process Overview 9 Computer Fraud & Abuse 16 Internal Control Systems 25 Total # questions 50 100 Study Guide While there couldbe questions from other topics discussed in class‚ themain emphasis will be on the following subject matter: Business Process Overview The “transaction cycles” approach The data processing model Computer
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Bio 205 Workshop 2 Bacteria Purpose of Bergy’s Manual: based on ribosomal RNA sequences‚ which presumably reflect phylogenetic (evolutionary) relationships. Used for the identification of prokaryotes. 2nd edition on classification of prokaryotes. 4 Tests/ Parameters that are evaluated to classify bacteria are: procedure’s that determine an organism’s ability to ferment carious carbohydrates; utilize various substrates such as specific amino acids‚ starch‚ citrate‚ and gelatin; or produce
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SYLLABUS ACC/491 Contemporary Auditing I Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course is the first in a two-part series that deals with auditing a company ’s financial reports‚ internal controls‚ and Electronic Data Processing (EDP) systems. Topics include auditing standards‚ evidence‚ audit planning and documentation‚ materiality and risk‚ internal control‚ statistical tools‚ and the overall audit plan and program. Course Dates Nov 11‚ 2014 - Dec
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ACC 421 – February 2013 Written Assignment 3 Chapter 4 Question 13 (who is the taxpayer?) Unfortunately Anita is not correct in her analysis because her and the attorney are not partners. That would make her gross income the full amount of the settlement‚ which is $480‚000‚ and because the settlement is associated with a discrimination lawsuit‚ she is allowed a $160‚000 deduction for AGI. Problem 31 (accrual versus cash basis)
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Name ACC 206 Principles of Accounting II Analysis instructor March 25‚ 2012 PART-1 ABC Company has an annual sale of $1.2 million being a very predominant reliable company that would be fruitful‚ and having an increase in sales of 25% from the year prior. There is a possibility of successful growth of three million annual sales in the next three years of business. Being that the company is growing rapidly they should take the adequate steps to propertyanalysis the present
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Assignment: 1 Hardware Replacement Project: Hardware Replacement Project: Your Name Instructors Name Date Assignment: 2 The IT- department in implementing a new CRM solution to its corporate offices. The hardware currently in use is out of date and will not support the CRM application. The hardware must replace prior to deployment. How do the five major variables of project management-scope‚ time‚ cost‚ quality‚ and risk – relate to this scenario? Scope: Defines what work is or
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In order to revamp the complete CRM it will encompass all five variables. These variables are scope‚ time‚ cost‚ quality‚ and risk. As the project manager I will need to review each area and develop a sound plan taking in consideration any issues that may arise. The purpose of revamping the CRM is to improve the relationship with customers. This will need to be done by replace all hardware that is out-of-date‚ installing the correct software to have programs to track the customer’s wants and needs
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