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a.) A pure monopolist determines that at the current level of output the marginal cost of production is $2, average variable costs are $2.75, and average total costs are $2.95. The marginal revenue is $2.75. What would you recommend that the monopolist do to maximize profits? b.) Why might a business owner keep their business open but let it deteriorate, rather than shut it down? Will this profitability last?
In 2010, emily invests $100,000 in a limted partership that is not a passive activity. During 2010, her share of partnership loss is $70,000. In 2011, her share of the partnership loss is $50,000. How much can emily deduct in 2010 and 2011?
Amortization of discount on issue of debentures - Carson uses the sum-of-the-years-digits method of depreciation. What should the accumulated depreciation be at 31st December, 2008
the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Calculate the overhead controllable variance.
Purpose a monthly cash budget and supporting schedules for March, April, and May.
Investigate any checks shows large or unusual payments to related partie
What income statement effect, if any, would the change in classification have for Qtip? Discuss the ethical considerations of this case.
Calculate the labor price and quantity variances, assuming standard is 3.94 hours of direct labor at $12.37 per hour.
What is the incremental cost of accepting the special order?
What amount of the acquired earnings and profits deficit of $30,000 can be used to offset Shipyard's current earnings and profits for 2011?"
The market value of the common stock at the date of the conversion was $30 per share. What total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common stock?
Using any information you can obtain about this company and industry, write a report explaining this abnormal trend between the net income and the cash flow numbers and whether this should be a red flag to investors and creditors.
Create a fixed budget income statement for the planned level of sales and production and create a fixed budget income statement for actual level of sales and production.
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