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problem 1: In the last quarter a restaurant had management labor costs of $20,000, staff labor costs of $80,000, and employee benefits costs of $30,000. The operation achieved a 25% total labor cost last month. How much revenue did the operation generate in the last quarter?
This land will be used as a larger site on which to train the dogs & cats - i.e., it'll be used as business land. How to journal entry this event?
What return should expect from portfolio based on individual stock expected return? What return should require from portfolio, based on individual stock's beta?
Determine Ginger's gift tax liability for 2015 if she and Greg elect gift splitting and Greg gave their son Stevie stock valued at $80,000 during 2015.
Prepare journal entries for the transactions (if necessary) in 2019 and all necessary adjusting journal entries to prepare 2019 financial statements.
A company purchased property for $115,000. The property included a building, equipment and land. The building was appraised at $68,000, the land at $48,000, and the equipment at $21,000 for a total appraised value of $137,000. What is the amount of c..
OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred, What weight should use for debt in the computation of OMG's WACC?
Accounts payable to suppliers increased by $10 million. If cost of goods sold was $650 million, GSW's cash outflows to inventory suppliers totaled
Does the buyer record transportation cost as an expense when merchandise is delivered FOB shipping point? Or just pay the freight?
Calculate the Portfolio's Beta. Corporation holds a diversified portfolio consisting of $6000 investment in each of 20 different common stocks.
What is the price of a zero coupon (1,000 face value) bond with six years to maturity when the required rate of return is 3%?
As a result of their divorce, Fred agrees to pay alimony to Tammy of $22,000 per year. The alimony payment ends upon Fred's or Tammy's death or in the event of Tammy's remarriage. In addition, Tammy is to receive the house that was purchased for $100..
Evaluate the pros and cons of auditors using a “check off” approach during the audit in general as compared to trying to figure out managers’ motivation. Which approach do you prefer? In your answer, consider different issues such as auditing standar..
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