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You have started a lawn mowing business and need to measure how your business has been performing. You have determined that the standard time to mow a half acre yard is 60 minutes. Your company's theoretical capacity is 27 yards per day and your company's rated capacity is 19 yards per day. yesterday your company mowed 17 yards.
a) One of your employees, John, took 70 minutes to complete the last half acre yard he mowed. What was his efficiency?
b) What was your company's efficiency yesterday?
c) What was your company's utilization yesterday?
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Francis Corporation had taxable income of $260,000 for its initial taxable year. The current-year tax depreciation expense on furniture and fixtures, the only asset owned by Francis Corporation, was $10,000. If Francis had used the alternative deprec..
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