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A city government estimates that they must accrue $1.5 million per employee to finance each employee's retirement pension. If each employee works for an average of 30 years, how much per employee would the city have to invest today? Assume a discount rate of 10%. Then, calculate the amount needed per employee if the discount rate is not 10%, but 6%. If the workforce numbers 3,000, what is the total difference in cost between these two assumptions?
From a qualitative viewpoint, discuss the pros and cons of Robert Lehnert and his partners launching this venture and identify all costs associated with this venture. Categorize these costs as fixed, variable and one time investment.
question 1the following information appears in tots toy factory records for the year ended december 31
Determine the length of the inventory conversion period. Determine the length of the receivables conversion period. Determine the length of the operating cycle. Determine the length of the payables deferral period.
Kiel Center sells only on credit (no cash sales). Prior collection patterns describe that 28% of month's sales are gathered in the month of sale, 51% are collected in month after the sale, and 19% are collected in second month after the sale.
Discuss the issues that must be taken into consideration when setting selling prices, which is the usual reason given for the need to know the full cost.
Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relates to period just ended when the company manufactured and sold 42,000 speaker sets:
Vintech Company is planning to produce 1,800 units of product in 2011. Each unit requires 4 pounds of materials at $6 per pound and a half hour of labor at $17 per hour. The overhead rate is 70% of direct labor
You're meeting with Georgia tomorrow to provide her specific direction on how to develop the budget for the county fair event portion of project. She has determined that the event will most likely involve the tent of some sort which contains table..
Martin A and Steele F (2010) Sustainability in Key Professions: Accounting. A report prepared by the Australian Research Institute in Education for Sustainability for the Australian Government Department of the Environment, Water, Heritage and the Ar..
Energy Inc. is working on its direct labor budget for next two months. Each unit of output needs 0.77 direct labor-hours.
Discuss the effect of a volume increase in sales, a price increase in sales, and a cost decrease on the net operating income.
Calculate your budgeted cost per mile of purchasing, owning, and driving this vehicle over the five years.
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