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Question - Tina, an entrepreneurial business student wants to set up a business completing tax forms for other students. Her price would be $41.00 for each job Fixed expenses include $110.00 for the tax software which Tina would purchase. Tina would hire some accounting students to complete the forms, paying them for two hours at $13 per hour for each job. She would also have paper and supplies costs of $5 per job. How many jobs would she have to generate before she starts to make a profit? Make the assumption that it takes an accounting student two hours to complete one tax return.
Chillmax expects to sell 3,500 pairs of shoes and 875 carryalls. Calculate the break-even point in units for pairs of shoes and for carryalls
Perform outside research to determine the kinds of questions Nick could be asking to determine whether or not to grant credit to new customers.
february 1 2008 syrena shirley transactionsa. received 4 shareholders contributions totaling 16000 cashto form the
daniel is considering selling two stocks that have not fared well over recent years. a friend recently informed daniel
Consider the following information about a potential project: Investment required $2,000,000. Calculate the project return on investment
Steeler Company has $159,000 in total assets, and its owner's equity is $80,000. What is the amount of its total liabilities
A pair of dice is rolled. Find the probability of rolling a sum not more than 8, How many possible outcomes are there from rolling two dice
Determine Cost of Goods and Ending Inventory amounts under FIFO, LIFO, and Average Cost Methods. Clearly label which method goes with which COGS and End.
The present value of an ordinary annuity of 1 at 12% is 5.33 for nine periods and 5.65 for ten periods. Prepare journal entries for 2019, 2020 and 2021
Prepare the journal entries to record the sale and subsequent payments assuming Maxiant Corporation uses the gross method of accounting for receivables
Evaluate What is the total value assigned to the new piece of equipment? Somerset Company acquired a piece of equipment with a list price
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
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