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Depreciation is $700 per quarter and tax payable at 30% of net profit per quarter. Wages for the senior staff are $8,000 per quarter and junior $5,000 who receive a $1,000 bonus in June depending on the performance of the junior staff and the financial performance of the business.
Complete the expense budget, budgeted statement of financial performance: you will need to add the non GST items to the expense budget, and the cash flow budget which has an opening cash balance of $42,000. The opening GST liability is $2,000 and the opening PAYG tax instalment is $2,500.
Illustrate what factors might explain why the $A went so low when the Global financial crisis hit the world economy in late 2008?
According to the permanent income hypothesis, how will the paths of borrowing and consumption change in response to: A temporary decrease in income when it occurs.
Globalization of business question: In the past, national governments greatly affected the pace of globalization through agreements to lower barriers to international trade and investment. Is the pace of change now outpacing the capability of governm..
The costs of production that require monetary payment: A period too brief for some production inputs to be varied: Occur in an output range where LRATC rises as output expands: The relationship between the quantity of inputs and the quantity of outpu..
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
A refrigerator sold for $500. The store financed the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments:
"Burger King Gets Grilled" (USA Today, August 27, 2014, B1). Define and discuss usage of the HHI index and C4 index and what are two of their limitations (which would be very relevant in this case). Calculate "pseudo" HHI and C4 indices for worldwide..
Discuss what happens to equilibrium price and sales. Explain why or why not this makes sense in the real world.
If the U.S. and Japan trade different versions of cars and the U.S. enact trade barriers against Japanese car imports, what will happen to the level of Japan's horizontal foreign direct investment in the U.S.? Why?
According to the production possibilities model, does a reduction in the unemployment rate cause the economy to grow (yes or no)? Explain why or why not. What about Improvement in technology.
On a graph, consumer surplus is represented by the area...
A thirty year annuity has end of month payments. the first year the payments are each $120. In subsequent years each payment increases by $5 over what it was the previous year. Find the present value of the annuity if i=3%
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