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Problem 1: In the aftermath of a hurricane, an entrepreneur took a one-month leave of absence (without pay) from her $5,000 per month job in order to operate a kiosk that sold fresh drinking water. During the month she operated this venture the entrepreneur paid the government $2,500 in kiosk rent and purchased water from a local wholesaler at a price of $1.34 per gallon. If consumers were willing to pay $2.25 to purchase each gallon of fresh drinking water, how many units did she have to sell in order to turn an economic profit?
What is the accounting concept to explain how a 3% decline in sales could cause a 21% decline in profits. Also, discuss the effect of declining sales on an organization's margin of safety.
Prepare a sales budget, by month and in total, for the third quarter. Also prepare a schedule of expected cash collections, by month and in total, for the third quarter.
what would be the weight used for equity in the computation of Bill's WACC - What would be Fern's component cost of preferred stock?
Compare whether to purchase the new equipment or overhaul the old equipment. (Hint: For the old machine, the initial investment is the cost of the overhaul)
$325000, $600000 in materials used, and $250000 in labor. All of the goods were completed. How much is the amount of over- or underapplied overhead?
Evaluate a new bonus plan that was designed to specifically address the perceived shortcomings of a previous plan.
What other factors should Home Value consider in deciding whether to purchase the new computer system?Calculate the net present value
Determine the dollar sales to attain the company's target profit. Dagan Corp produces and sells a single product who contribution margin ratio is 66%.
Analyze whether to invest in purchase of the supercomputer, the software development manager had considered the currently, the company is paying an average of $40,000 per year to temporary workers to develop the software.
Prepare summary journal entries for August, including the disposition of under- or over- allocated conversion costs. Assume no direct materials variances.
develop a revenue budget for the upcoming academic year. South Hampton University is preparing its budget for the upcoming academic year.
Cost of a final cover to be applied to the landfill - cost of equipment to be installed to monitor methane gas buildup.
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