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Question: CVP for a Small Business Form into groups of two to six students. Each group should select a very simple business, one with a single product or one with approximately the same contribution-margin percentage for all products. Some possibilities are A child's lemonade stand A retail DVD rental store An espresso cart A retail store selling compact discs An athletic shoe store A cookie stand in a mall However, you are encouraged to use your imagination rather than just select one of these examples. The following tasks might be split up among the group members:
1. Make a list of all fixed costs associated with running the business you selected. Estimate the amount of each fixed cost per month (or per day or per year, if one of them is more appropriate for your business).
2. Make a list of all variable costs associated with making or obtaining the product or service your company is selling. Estimate the cost per unit for each variable cost.
3. Given the fixed and variable costs you have identified, compute the break-even point for your business in either units or dollar sales.
4. Assess the prospects of your business making a profit.
Calculate EPS and dividends per share before stock split. Calculate the originally reported earnings per share for 2009
Prepare the eliminating entries needed as of December 31, 20X9, and complete the worksheet
The following information comes from CROW Inc.'s inventory records: Purchase date Units Cost per unit Sale date Units sold Beginning inventory 40 $12 Jan 2 150 $10 Jan 10 125 Jan 12 100 $8 Jan 15 100 Jan 20 100 $5 Jan 31 50 Required: Determine End..
can someone please answer this problem for me? its from kieso weygandt and warfield intermediate accounting 14th
Parent Company purchased 100% of Son Inc. on January 1, 20X2 for $420,000. Son reported earnings of $82,000 and declared dividends of $4,000 during 20X2.
Prepare contribution format segmented income statements for the total company broken down between sales territories. 1b. Prepare contribution format segmented income statements for the Northern Territory broken down by product line.
If $380,000 is to be distributed as a dividend for the current year, what total amount will be distributed to the common stockholders?
What are your thoughts as to whether the benefits of NOL's should be recognized
Cincinnati Soap Company manufactures powdered detergent
irene bought 100 shares of stock 10 years ago for a total of 5000. she just sold her stock for 14195. what annual
As the names suggest, TILFX invests in some selected high growth stocks of consistent good performance and TILDX invests in high dividend yield stocks. If you had to choose a fund, explain which one you would buy and why?
Classify each of the following items according to (1) whether it belongs on the income statement (IS) or balance sheet (BS) and (2) whether it is a revenue (R), expense (E), asset (A), liability (L), or stockholders' equity (SE) item.
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