PROBLEM 1-3B (a)Special Delivery Income Statement For the Month Ended May 31‚ 2012 Revenues Service revenue$10‚400 Expenses Salaries and wages expense$2‚000 Maintenance and repairs expense 2‚900 Advertising expense 800 Insurance expense 400 Total expenses 6‚100 Net income$4‚300 Special Delivery Retained Earnings Statement For the Month Ended May 31‚ 2012 Retained earnings‚ May 1$ 0 Add: ADVANCE \r 1 Net income 4‚300 4‚300 Less: Dividends 1‚700 Retained earnings
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Problem 1 – Master Budget Video Company‚ Inc.‚ produces and markets two popular video games‚ High Ranger and Star Bounder. The closing account balances on the company’s balance sheet for last year are as follows: Cash‚ $18‚735; Accounts Receivable‚ $19‚900; Materials Inventory‚ $18‚510; Work in Process Inventory‚ $24‚680; Finished Goods Inventory‚ $21‚940; Prepaid Expenses‚ $3‚420; Plant and Equipment‚ $262‚800; Accumulated Depreciation-Plant and Equipment‚ $55‚845; Other Assets‚ $9‚480; Accounts
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1. Speed company a. Single markup Manufacturing unit MC=$200‚ selling and distribution cost Sales unit MC=$150 End user’s consumer demand P=1000-0.01Q. P is the price for each printer and Q is the quantity demanded in the marketplace. The marginal revenue corresponding to the demand is MR=1000-0.02Q. Total marginal cost MC=$200+$150=$350. The firm maximizes profit when MR=MC. Thus‚ 1000-0.02Q=350. Q=32500. Substituting Q into the demand equation we find the profit maximizing price‚ P
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Written task 1 A speech from an English Businessman‚ Michael Grospberry‚ who is a well known sociologist answering some questions that people from Latin schools asked about the introduction of English taught as a second language in every school at Latin America. What is the importance of knowing English? English is the second language most frequently spoken around the world after mandarin‚ this is considered a lingua franca because people that don’t have it as a native language speak this language
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Econ 302 Name:_____________________ Fall 2014 Problem Set 1 (Thursday September 18‚ 2014 In class – no extensions) Please Print and Answer in the Provided Space 1) Consider the following estimates for an iPad sold in Canada in 2010: retail price $550 (say at Best Buy)‚ Apple (a U.S. corporation) wholesale price $475‚ Apple intermediate costs $385. Of Apple’s intermediate costs‚ $100 was wholly produced by U.S. manufacturers‚ and $285 from other foreign producers. Suppose the production chain was
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Final Analytical Application of Current Microeconomic events Introduction The article ‘Financial crisis in the living room’ written by Renan Bourdeau on the 8th of September 2013 featured in the Khaleej Times. It questions the ramifications ascribed to the fact that the populace’s salaries are not increasing in congruence with housing costs. The article cites that the recovery of the residential estate in Dubai has featured in the news for quite some time and the prices of houses have soared‚ and
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School security is a current problem people are trying to strengthen and advance. They are trying to make schools a safe place for kids so parents do not have to worry about the safety of their child when they are at school. Recently a man worked his way into a school in Connecticut and shot students and teachers. This shows that even though people are trying to strengthen school security‚ there are still weaknesses that need to be fixed so something like this does not happen again. Somehow this
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Kuta Software - Infinite Algebra 1 Name___________________________________ Systems of Equations Word Problems Date________________ Period____ 1) Find the value of two numbers if their sum is 12 and their difference is 4. 2) The difference of two numbers is 3. Their sum is 13. Find the numbers. 3) Flying to Kampala with a tailwind a plane averaged 158 km/h. On the return trip the plane only averaged 112 km/h while flying back into the same wind. Find the speed of the wind and the speed of the
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1. Heavy Traffic 2. Trash 3. Flooding everytime there is rain 4. High crime rates 5. Drugs 6. Poor Educational System 7. Poverty as seen in the squatter areas 8. Too much politics 9. Pollution 10. Poor healthcare what are top ten environmental problem WHAT ARE OUR TOP 10 ENVIRONMENTAL PROBLEMS? by Whit Gibbons March 26‚ 2006 Listing the top 10 of a group is always appealing. Ten most-wanted fugitives by the FBI. Top ten songs‚ books‚ and best-dressed celebrities. And David Letterman
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assignment to be copied‚ submitted and retained for benchmarking purposes. Signature of student: ________________________________________ Date: ____________ INDIVIDUAL TASK Week 3: Time Management Plan for the Group Project & Gantt chart 1. Make a list of all the tasks you think will need to be done to complete your research project. 2. Plan the project so it will be completed on time. Day | Wk1 | Wk2 | Wk3 | Wk4 | Wk5 | Wk6 | Wk7 | Wk8 | Wk9 | Wk10 | Wk11 | Wk12 | Wk13 | Wk14
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