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Johan Jordan owns a dress shop that has been very successful. He employs 3 sales associates who get paid $10 per hour for a 40-hour week. He decides to open up another dress shop on the other side of town. He hires three more sales associates with the same pay arrangements. After three months, Johan notices he is not making the same profit he did. His sales have doubled and his expenses are the same proportion except for wages. He knows that each sales associate should receive $1,720 each month yet his total wages expense for the month is $12,040. He worries that he is not paying close enough attention to the old store. What is his problem? Should he discuss this problem with all the sales associates?
A share of common stock is currently selling for $50. Compute the marginal cost of capital on the additional $150 million assuming the cost of debt stays same
Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method
Determine To prepare partial income statement, beginning with income from continuing operations before income tax, under ASPE
Residual value of these building amounted to 200,000. What the Depletion expense capitalized in ending inventory as of December 31, 2021
Record the entry to assign costs of direct materials used. Direct materials used in production, $46,500. Indirect materials used in production, $20,800.
How are the financial assets below accounted for under FRS 39 Financial Instruments: Recognition and Measurement and other related FRSs?
Compute the expected return from the portfolio. You received $2,000,000 and decided to invest $1,200,000 in Coca Cola stocks and $800,000 in stock Walmart.
Yen option is ¥12,500,000 in size per contract, and exercise price is ¥100/$. Detail a strategy using options that will eliminate exchange rate risk.
Provide the journal entry required in this situation under AASB136 Impairment of Assets, assuming the fair value less costs to sell of the land is $280,000
If the British bank swaps U.S. dollar payments for British pound payments at the current spot exchange rate, what are the cash flows on the swap
Calculate product cost with no beginning and ending WIP inventory - Value chain for service firms and merchandisers
Assuming a capital preservation approach, how much will Reed need to have accumulated on the day that he retires to adequately provide for retirement lifestyle.
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