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Webster Training Service (WTS) provides instruction on the use of computer software for the employess of its corporate clients. It offers courses In the client's offices on the client's equipment.The only major expense WTS incurs is instructor salaries: it pays instructors 5000 per course taught. WTS recently agreed to offer a course of instruction to the employees of Chambers Incorporated at a price of $400 per student. Chambers estimated that 20 students would attend the course.
Queston: Determine the profit ,assuming that 20 students take the course.
Suppose all interest is paid at maturity and none of the notesare paid early. How much cash will be paid for the January 1 note, plusinterest, on October1?
Fixed expenses consist of $300,000 of common costs allocated to the three products based on relative sales, and additional fixed expenses of $30,000 (Tingler), $80,000 (Shocker), and $35,000 (Stunner). The common costs will be incurred regardless of ..
use the internet to research a manufacturing company in which you are interested with a focus on the type of work the
clary jensen farms purchased power equipment with an expecteduseful life of four years or 1000 hours of usage. the
The tax law provides very favorable tax treatment for long term capital gains. First, explain what that favorable treatment is. Second, why? Why does the tax law provide favorable treatment for long term capital gains? Do you agree that they shoul..
Prepare a July income statement, statement of owner's equity, and balance sheet and from the worksheet, journalize and post adjusting and closing entries.
The program itself, which is accounted for in a special revenue fund, is funded by both direct contributions and the income from the permanent fund. At the start of the year, the special revenue fund had assets (all invested) of $26,000.
1.shake corporation has several current notes receivable on its year-end balance sheet. while collection seems certain
review the standard costs wake up and smell the coffee.article. when evaluating performance many organizations compare
Tracy co. owns 4,000 of the 10,000 outstanding shares of penn corp. common stock. during 2010, penn earns 120,000 and pays cash dividends of 40,000. if the beginning balance in the investment account was 240,000 the balance at december 31, 2010 sh..
question 1 after a master budget has been prepared what is its role in managerial control?question 2 differentiate
Assuming that the equipment was purchased at the beginning of 2011, by how much would Alice's treatment of the equipment increase before tax earnings as opposed to expensing the equipment cost?
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