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Cindy maintains an office in her home that comprises 8% (200 square feet) of total floor space. Gross income for her business is $42,00, and her residence expenses are as follows:
Real property taxes 2,400
Interest on mortgage 4,000
Operating expenses 2,200
Depreciations (based on 85 business use) 450
What is Cindy office in the home deduction base on :
The regular method?
The simplified method?
Determine the unit cost of labor (per class) for last month? How many classes would be provided if Bo increased the number of classes provided by 100 %?
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tark company a 90 percent owned subsidiary of parker inc. sold land to parker on may 1 2010 for 80000. the land
as discussed in the chapter an important consideration in evaluating current liabilities is a companys operating cycle.
Currently, the unit selling price of a product is $390, the unit variable cost is $320, and the total fixed costs are $1,008,000. A proposal is being evaluated to increase the unit selling price to $440. Compute the current break-even sales
Glassmakers has the below characteristics. The premerger debt is $5, the premerger equity is $10. The risk free rate is 6%. The premerger beta is 1.36. The tax rate is 40%. The cost of debt premerger is 11%. The expected market rate of return is 10%...
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Evaluate the company's break-even point in number of widebody passenger jets and in dollars of sales.
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Michaels Company segments its income statement into its East and West Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $600,000, 60%, and $36,000, respectively. The West Division’s contribution margin an..
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