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The Sunflower, Inc makes and sells tasty hamburgers for $8 per unit with a unit variable cost of $6. All sales are for cash and the variable costs are paid immediately. The company has budgeted the following data for November.
$34,000
if necessary, the company will borrow cash from a bank on the first day of November. Assume that the borrowing can be made in any (exact) amount, but bears interest at 2% per month. The November interest will be paid in cash during November. What is the closest amount of cash that must be borrowed on November 1 to cover all cash disbursements and to obtain the desired November 30 cash balance.
Carla, Linda, and Terry form a partnership. Carla contributes machinery (that was purchased in 2006 and has an adjusted basis of $45,000 and a fair market value of $70,000) in return for a 35% interest in capital and profits.
If her cost of capital is 12 percent, what is the approximate profitability index?
How do the provisions of GAAP in this area differ from the bill introduced by members of Congress (Dreier and Eshoo), which would require expensing for options issued to only the top five officers in a company?
the geurtz company uses standard costing. the company makes and sells a single product called a roff. the following
Griffith Delivery Service purchased a delivery truck for $33,600. The truck has an estimated useful life of six years and no salvage value. For the purpose financial statements, Griffith is planning to use straight-line depreciation.
the general fund collected 825000 in accrued taxes which was transferred to the debt service fund 600000 of this amount
The probability of throwing any two numbers on a die - say, either a 1 or a 2 - on a single throw is one chance out of three, or 33%.
the management of rockos pizzeria is considering a special promotion for the last two weeks of october which is
tear company a newly established subsidiary of stern corporation recceived assets with an original cost of 260000 and a
link co. purchased machinery that cost 1350000 on january 4 2011. the entire cost was recorded as an expense. the
on january 2 20x1 bruce greene invested 10000 in the stock market and purchased 500 shares of heartland development
the following information was taken from the accounting records of palmetto company for the month of januarybalance per
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