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A company has operational expenses of the following
Jan - 250,000
Feb - 350,000
Mar - 275,000
Apr - 250,000
May - $225,000
They pay 60% with cash the month it is incurred. They pay for the rest on credit of which they pay 75% the month after it is incurred and 25% two months after. They also have depreciation in their operational expenses of $10,000 a month, and have a cash disbursement for an annual intrest payment of $50,000 in February. Construct a cash disbursement budget for March - May only.
Determine if you should open the retail shop in this vacant space. Include the break-even transactions, CM%, and the break-even dollar amount. Explain your answer (include rationale if your answer is yes or no).
Describe the elements of an organization's external environment. Why is it important to understand the external environment?
Hans purchased a new passenger automobile on August 17, 2009, for $40,000. During the year the car was used 40% for business and 60% for personal use. Determine his cost recovery deduction for the car for 2009.
While rummaging through your grandfather's attic, you came across a rare civil war document: An official letter by Lincoln to one of his generals. You engaged Sotheby's Auction House and sold the document for $100,000. What is your tax liability?
prepare a Balance Sheet, given details attached below, Acid Test Ratio : 2.5, Current Ratio : 1.5, Net working capital Rs. 10, 00,000, Fixed Assets ?, Share holders fund Rs. 15, 00,000, Stock\ Inventory ?
The current price for whole fryers is $.89 per pound. The proposal is to set a promotional price of $.59 per pound. The wholesale cost of the fryers, prepackaged and ready for sale, is $.55 per pound.
Why is a dollar today worth more than a dollar in the future.
Spectre Chemicals produces Zaloff in a two department process. Information on the two departments for March and April, 2011 are as follows
On August 1, Stuart Co. issued $1,300,000 of 20-year, 9% bonds, dated August 1, for $1,225,000. Interest is payable semiannually on February 1 and August 1. Present the entries to record the following transactions for the current year:
Smelling Company declared a 2-for-1 stock split on its common stock in order to intentionally reduce the market value of its stock so that it would be an attractive investment for a larger set of investors.
determine the best practice for conducting earned value analysis for the project in question. give a rationale for your
Determine the amount of interest to be capitalized in 2010 in relation to the construction of the building. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2010."
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