Reference no: EM132463949
You have just been hired as a trainee accountant by a fashion house, Louis Versailles Ltd. In 2020 at the 25th Mercedes-Benz Fashion Week Louis Versailles Ltd will be holding a fashion parade for which it has a separate account of funds set aside within its promotional budget. This fashion parade will take place under the Sydney Harbour Bridge at Bradfield Park in Milsons Point and will use the services of local a local salon (Wildlife Origin) and local talent. The aim on the fashion parade is for potential customers to see the clothes displayed on models and later on purchase the clothes. A costing for a fashion parade can vary greatly based on the decisions and assumptions made.cost ranges are provided in US dollars:
Point 1: Rent of marquee $0 to $100,000
Point 2: Hair and makeup: $0 to $100,000
Point 3: Stylist: $5,000 to $20,000
Point 4: Public relations: $10,000 to $20,000
Point 5: Models: $0 to $200,000
Point 6: Lighting: $10,000 and higher
Point 7: Invitations: $5,000 and higher
Answer the following questions:
Question (a) Write down the budget for a Louis Versailles Ltd's fashion show at the 25th Mercedes-Benz Fashion Week. Select an estimate for each cost within the range given.
Question (b) Justify each of your estimates made by describing the assumptions you are making about your imaginary fashion show.
|
Calculate the net profit after taxes
: If the bank note interest was 850 and the bond interest was 2,310, what will be the 'net profit before taxes'? Calculate the 'net profit after taxes'
|
|
How much total gross cash inflow should Baloo expect
: How much total gross cash inflow should Baloo expect (i.e., the debits to Cash) for a $1,000, 6%, 6-year bond, if it is purchased at $1,050
|
|
Discuss about the auditors professional responsibilities
: Auditors are required to perform their professional responsibilities within certain standards, codes and frameworks. ExplainDiscuss about Auditors professional
|
|
Reading and analysis of signal encoding
: Reading and analysis of a single specific topic - Signal encoding - Detail description of the methodologies employed in that paper
|
|
Write down the budget for a louis versailles ltds fashion
: Write down the budget for a Louis Versailles Ltd's fashion show at the 25th Mercedes-Benz Fashion Week. Select an estimate for each cost within the range
|
|
Report on that research paper - wifi architecture
: research study requires in-depth reading and analysis of a single specific topic - WiFi Architecture - Detail description of the methodologies employed
|
|
Prepare and balance the allowance for doubtful debts account
: Prepare and balance the Allowance for Doubtful Debts accounts for the year to 30 June 2019.the income statement for the year ended 30 June 2019.
|
|
Determine the decision rule for rejecting null hypothesis
: Can anyone help with this type of question? The mayor of a town has proposed a plan for the annexation of a new community.
|
|
Compute the current ratioenter current ratio
: Compute the Current ratioenter current ratio: (Round current ratio to 1 decimal places, e.g. 1.5:1 and earnings per share to 2 decimal places, e.g. $2.51.)
|