TFS Corporation (ASX Code TFS), renamed Quintis (ASX Code QIN) on March 22 2017, was Australia’s largest grower, plantation manager and producer of Indian Sandalwood.

TFS Corporation (ASX Code TFS), renamed Quintis (ASX Code QIN) on March 22 2017, was Australia’s largest grower, plantation manager and producer of Indian Sandalwood. On the 27 Febuary 2017 TFS announced half year results to the market and in a media release titles “Exponential Growth in Indian Sandalwood Sales Driving Transformational Year”. The media […]

What are your projected sales and profits at the skimming and penetration prices?

You are hired as a product manager at a camping product company that has developed a new lightweight, collapsible drinking cup for backpackers. You are considering two alternative prices for the product – $15.00 (higher than market average) or $7.50 (lower than market average). Research has estimated that at the $15.00 price the first-year market […]

Compute the pension expense for the year 2014.

E20-2 (Computation of Pension Expense) Veldre Company provides the following information about its defined benefit pension plan for the year 2014. Service cost $ 90,000 Contribution to the plan 105,000 Prior service cost amortization 10,000 Actual and expected return on plan assets 64,000 Benefi ts paid 40,000 Plan assets at January 1, 2014 640,000 Projected […]