dollars is: Fixed Costs = 96000/0.6 = $160‚000 Contribution Margin Ratio 2. Calculate the number of units Northenscold’s must sell each year to break even. FC/CM 96000/12 =8000units 3. Calculate the number of units Northenscold’s must sell to yield a profit of $144‚000. (FC+ Profits)/CM = 96000+144000/12 = 20000 units 2. Berhannan’s Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission
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publicly traded corporations. The American Institute of Certified Public Accountants still holds the responsibility of standard setting for governments and not-for-profit entities‚ however‚ their recent pronouncements have been influenced by the PCAOB. 3. Steps that governmental and not-for-profit agencies may take in order to comply with the requirements of the Sarbanes-Oxley Bill include: restructuring their Board of Directors to include and audit committee consisting of financial experts in various
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working by July. The second week in May‚ Monica contacted Carl about the training schedule‚ letting him know it takes a lot of time to get the training schedule‚ policy booklets‚ manuals‚ drug test‚ physicals and many other areas scheduled. Carl would have to coordinate these tasks for the new employees before the new hire orientation; the orientation was dated for June 15. After Memorial Day‚ Carl looked over the new trainee files; the orientation was to take place in two weeks. As soon as Carl was done
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Group: 5Vi Number: 1550633 Name: Estefania Gutierrez Sanmiguel Team: 4 Review Questions Chapter 3 1 What roles do GAAP‚ the FASB‚ and the PCAOB play in the financial reporting activities of public companies? 2 Describe the purpose of each of the four major financial statements. The purposes of each of the 4 major financial statements are: Income Statement—the purpose of the income statement is to provide a financial summary of the firm’s operating results during a specified time period. It includes
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I have learned a lot from peer tutoring. it has broadened my horizone on what being a role model really means. not only did i get to work with some amazing grade nines but i also learned a lot from them. coming into peer tutoring i didnt know what to expect‚ but i soon learned that its a great class! i made relationships with most of the students which made me be more of assistance‚ when they needed help. for example‚ i was able to get to know Erica better‚ since i sat next to her i began to know
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Body image and Peer pressure The article I chose was about the body image and self-esteem of adolescents‚ along with why they are important. Self-esteem is all about how much you feel you are worth and how much you feel other people value you. Self-esteem is important because feeling good about yourself can affect your mental health and how you behave. On the other hand Body image is how you view your physical self‚ including whether you feel you are attractive and whether others like your looks
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WORKFORCE PLANNING AND EMPLOYMENT Liberty University BUSI 643 Dr. DOUG MCLNTYRE Case Study-6 Name: SHRUTHI RENUKUNTLA ID# 26569013 October 7th ‚ 2014 Applications: Retention: Deciding To Act 1.Do we think turnover is a problem? A.Turnover becomes relatively high. Based on Wally’s rough data‚ there is a relatively high turnover rate of 65% for attendants and this is a turnover
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Peer Review My group consisted of myself‚ Molly‚ Dana‚ Frank‚ and Guillermo. We decided to do a project on a fictional self-driving car company. Molly was in charge of researching state benefits for the company and creating the outline draft‚ Dana was in charge of land and zoning‚ Frank was in charge of finding out how ASU majors could be employed‚ Guillermo was incharge of creating the logo for the company and researching the transportation of goods to Lake Havasu‚ and I created the initial draft
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4.88 Your supervisor has asked you to compute the elasticity’s for each independent variable. Assume the following values for the independent variables: Q= Quantity demanded of 3-pack units P (in cents)= Price of the product = 500 cents per 3-pack unit PX (in cents)= Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars)= Per capita income of the standard metropolitan statistical area (SMSA) in which the supermarkets are located = $5‚500 A (in dollars)= Monthly advertising
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made through a broker‚ and the trade occurred on the NYSE. This is an example of D. Secondary market transaction 2. CORRECT Which of the following statements is CORRECT? E. Capital market instruments include both long-term debt and common stocks 3. Talbot Enterprises recently reported an EBITDA of $9.0 million and net income of $2.7 million. It had $3.24 million of interest expense‚ and its corporate tax rate was 40%. What was its charge for depreciation and amortization? Enter your answer in
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