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Problem 1: What are the key factors to consider in setting prices? If you were a hairdresser, what price would you charge for a haircut and why?
Problem 2: Following on from the lecture example (Mars), now assume the cost base is variable cost - what is the mark-up and the resulting price?
Problem 3: Describe the skimming price and penetration pricing approaches to pricing new products. Provide example of each.
Problem 4: Differentiate between risk and uncertainty. Provide example of each
Prepare a cash budget for the Hale Company for the 2nd quarter of the year. Include April, May, June, and a quarter total in your budget.
On July 4, Y2, ABC Inc. sold a component of their business to XYZ Inc. for $705,000. ABC determined the component would be discontinued in Y1 and properly reported the component in the discontinued operations section of the income statement. Determin..
Hogan Company has $1,000,000 of bonds outstanding. The unamortized premium is $14,400. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption?
The December 31, 2011 abridged balance sheets for Evenhat Company and Larst Company on December 31, 2011 are given below: On January 1, 2012 Evenhat issued 50,000 shares with a fair value of $24 per share for all the outstanding shares of Larst. La..
List the accounting standards issued by ICAI and prepare a Three-column Cash Book of M/s Thuglak & Co. from the particulars
Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2011 and explain why net income is different from the net cash provided by operations.
Evaluate, with reasons, the recognition and measurement of customer acquisition costs; and discuss the current income tax and deferred tax implications of the customer acquisition costs for Sizacom Ltd.
What will be the price of the stock on the ex-dividend date if the dividend is declared?(Do not round intermediate calculations.)
A(50), B(25) & C(25) have capital balances of P60,000, P20,000 and P50,000 each respectively. How much was the total cash withheld by the partnership
Prepare general journal entries to record the payments of interest and the repayment of principal. Prepare general journal entries to record the issue
Determine the balance in each company's Bonds Payable account on December 31, 2021. Record the issue of the bonds by each company on January 1, 2021.
Calculate missing information using knowledge of the accounting equation, II: Below is some selected information from the financial statements
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