Course Solutions Uncategorized (Solved) : Near End 2011 Management Simid Sports Co December 31 2011 18 000 75 000 Total Current Asse Q33389366 . . . .

(Solved) : Near End 2011 Management Simid Sports Co December 31 2011 18 000 75 000 Total Current Asse Q33389366 . . . .

 

Near the end of 2011, the management of Simid Sports Co, a for December 31, 2011. $ 18,000 75,000 Total current assets $270,000 Less accumulated depreciation 33,750 236,250 $591.750 $180,000 7,500 45,000 Accounts payable Total llabilities $232.500 236,250 123.000 359,250 Total I $ 591,750 of 2012To prepare a master budget for January, February, and March of 2012, management gathers the following a Simid Sports single product is purchased for $30 per unt and resold for $55 per unt. The expected 012, Inventory level of 2,500 units on December 31, 2011, Is more than managements desired 

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