Reference no: EM131267697
Create a startup Budget for a nonprofit small ESL school for students 2nd to 6th grades in Hoboken ,NJ (PLEASE NOTE THAT ALL NUMBERS HAVE TO BE FROM REAL LIFE ) Please consider the following:
1- 3 classrooms (total of 25 students in the whole school)
2- Rotation of classes
3- Salaries of teachers (5 employees: 2 lead teachers, 2 teachers and 1 floater teacher)
4- Evening classes only
5- Maintenance staff
6- Insurance
7- Admin staff
8- Materials and Books
9- Rent ,utilities , phone ,Internet ,Technology , Furniture , fixtures ,operational supplies.
10- Business hours (5 hours per day , 5 days per week)
11- Accounting , Attorney , Advertising.
12- Revenues ( charging student tuition ,extra care , pick up costs ,fundraising , Grants)
Calculate the gain recorded on the sale
: On June 1, 2004, XYZ Company paid $360,000 to purchase land, building, and equipment. The market value of these assets on that date were: land $90,000; building $260,000; The equipment will be depreciated using the straight-line method. On December 3..
|
Use the estimated line of cost behavioral
: Alden Co.'s monthly sales and cost data for its operation activities of the past year follow. managment wants to use these data to predict future fixed and variable cost. Estimate both the variable costs per sales dollar and the total monthly fixed c..
|
What is the realized gain and the recognized gain
: A taxpayer exchanged his old machine (adjusted basis of $2,500) for a smaller new machine worth $5,000 and received $1,000 cash. Depreciation of $7,500 had been taken on the old machine. What is the realized gain and the recognized gain, and how will..
|
Briefly explain how each may affect the audit
: Read the board minutes for Apollo Shoes posted in Blackboard. Identify at least five pieces of information from the board minutes that will be important for the audit. Briefly explain how each may affect the audit.
|
Create startup budget for a nonprofit
: Create a startup Budget for a nonprofit small ESL school for students 2nd to 6th grades in Hoboken ,NJ (PLEASE NOTE THAT ALL NUMBERS HAVE TO BE FROM REAL LIFE ) Please consider the following:
|
The cash account in the general ledger
: The cash account in the general ledger of XYZ Company shows a balance of $18,700 at June 30, 2004. The June 30 bank statement; however, shows a balance of $21,500. The only bank reconciling items consist of: NSF check from customer in the amount of $..
|
Compensation package
: Thomas Linebarger is the Chairman and CEO of Cummins Engine, Inc. What is the document, provided to shareholders each year, that provides details on Mr. Linebarger’s compensation package?
|
When traditional absorption costing is employed
: When traditional absorption costing is employed, which of the following is false? Internal accounting systems, including performance measures, affect behavior. It is often suggested that people pay attention to the dimensions of their work performanc..
|
Calculate the amount of gross profit earned by company
: ABC Company employs a periodic inventory system and sells its inventory to customers for $20 per unit. ABC Company had the following inventory information available for the month of May: Calculate the amount of gross profit earned by ABC Company duri..
|