A business proposal should be presented only in response to an RFP
Indicate whether the statement is true or false
FALSE
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A company sold a machine that originally cost $90,000 for $28,000 cash. The accumulated depreciation on this machine was $47,000 at the time of the sale. What was the company's gain or loss on this sale?
What will be an ideal response?
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production costs for the year were as follows: Direct materials$170,000Direct labor$110,000Variable manufacturing overhead$200,000Fixed manufacturing overhead$240,000Sales totaled $825,000 for the year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000. There was no beginning inventory. Assume that direct labor is a variable cost.Under absorption costing, the ending inventory for the year would be valued at: (Round your intermediate calculations to 2 decimal places.)
A. $180,000 B. $0 C. $216,000 D. $248,250
Net operating working capital, defined as operating current assets minus the difference between current liabilities and notes payable, is equal to the current ratio minus the quick ratio.
Answer the following statement true (T) or false (F)
vAccording to a recent Rockefeller Foundation report, the financial issue Americans worry about the most is the ability to pay
A) for medical expenses. B) for retirement expenses. C) debt expenses. D) home mortgage expenses.