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You've invested $10,000 in a portable bratwurst stand, giving up the 8% rate of return you could have earned had you invested that money elsewhere. Last year you sold 1600 brats at $3 each; the meat, buns, and condiments cost you $400.
If you'd spent your time working at your brother's ice cream shop instead of at your brat stand, he'd have paid you $3200. Your economic profit last year was ?
1. liquidity ratios. edison stagg and thornton have the following financial information at the close of business on
Prepare the journal entry to record depreciation of the equipment for the first year using the straight-line method. Prepare the journal entries to record the lease payments for the first two years.
Calculate return on investment based on the information given above. Maryland Bakers overstates its Merchandise inventory at the end of the year . Which of the following statements correctly states the effect of the error?
Highly-liquid short -term investment that are wasily convertible into cash are called:
Cost allocations have to make sense. What drives consumption of costs? What are drivers and how do they help in the allocation process?
Congress would like to increase tax revenues by 7 percent. Assume that the average taxpayer in the United States earns $42,000 and pays an average tax rate of 10 percent. If the income effect is in effect for all taxpayers, what average tax rate will..
Over the recent holiday you met an individual named Jeff who was raving about the great price they paid for shares of stock in BlueFin Industries. According to Jeff the stock carries a bit of risk in that it can be redeemed by the issuing company, bu..
Prepare a classified balance sheet at December 31, 2008. As of December 31, 2008, has the financing for Ethan Allen's investment in assets primarily come from liabilities or stockholders' equity?
Identify an organizational-level goal that would be incorporated into an annual business strategy (e.g., financial performance, service, productivity, competitive advantage, innovation.). Develop three organizational development strategies relating t..
In evaluating projects, Lead Tech’s engineers use a rate of 15%. One year ago a robotic transfer machine was installed at a cost of $38,000. At the time, a 10-year life was estimated, but the machine has had a downtime rate of 28%, which is unaccepta..
Daisy Childs has decided to start an? e-tail business which will sell doggie treat dispensers. Daisy will sell each unit for? $60 and will purchase the units from a foreign supplier for? $20 each. Daisy expects no other costs as long as she? doesn’t ..
The questions will focus on your understanding of processes of global social change. Your answers should be essays of 150 words each.
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