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Summer camp data for 12 week session
charge per camper $120/week
Fixed cost $48,000/session
variable cost/camper $80/camper
capacity 200 campers
a.) develop the mathematical relationship for total cost and revenueb.) what is the total number of campers that will allowthe camp to break even?c.) what is the profit or loss for the 12 week session if the camp operates at 80% capacity?
At the time of purchase, the equipment had a list price of $20,000. When the balance sheet was prepared, the value of the equipment later rose to $22,000. What is the relevant amount at which to present the equipment on the balance sheet?
McQueen, Inc. grants 200,000 stock options to Robert Chalmers, the CEO, on January 1, 2008. The par value of McQueen's common stock is $1. The exercise price on the options is $35 per share, and the options are exercisable in five years. The stock pr..
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Amit purchased two assets during the current year. Amit placed in service computer equipment (5-year property) on April 16th with a basis of $5,000 and furniture (7-year property) on September 9th with a basis of $20,000. Calculate the maximum dep..
List the advantages and disadvantages of Public versus Private Financing.
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