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Question - A restaurant has a check average of $12 and variable costs per guest of $4.80. Its fixed costs are $36,500 each month. If the tax rate is 25%, what is the number of guests that the restaurant needs to serve to generate a monthly profit (after tax) of $6,000?
brown cow dairy uses the aging approach to estimate bad debt expense. the balance of each account receivable is aged on
Calculate the adjusted trading Profit of Arun for the year ended 31 March 2021 after adjusting the brought forward trading loss
Determine the amount of cash each partner will receive as a liquidating distribution if the decorating equipment is sold for (a) $39,000, (b) $29,100
The large trucks are expected to cost $870,000 and to have a four-year useful life and a $80,000 salvage value. Calculate the present value index
What cash control is compromised when the purchasing manager is one of the authorized check signers
Prepare the journal entries for the following transactions. December 31, 2010 Make the appropriate entry for the GLF Company bonds
You suggest that an inventory be taken immediately. The following data are available. Compute the claim against the insurance company
in determining earnings per share dividends for the current year on noncumulative preferred stock should
K.K.West, a gold mining company, has operated a gold mine in California for the last year. What is the maximum depletion for the mine in the last year?
It's not unusual for one company to buy another company in order to obtain technology that the acquired company has developed
The Morrit Corporation has $900,000 of debt outstanding, and it pays an interest rate of 10% annually. Compute what is Morrit TIE ratio
Prepare a 7 - 10 slide PowerPoint presentation as your training tool for teaching emotional intelligence to managers and supervisors of your organization.
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