Solution: Computation of: Revenue Simple returns = (service fee‚ $50) x no. of simple returns demand Complex returns = (service fee‚ $200) x no. of complex returns demand Cost of permanent employees Payment for accountant = (regular rate‚ $600 per week) x no. of permanent accountant Payment for computer system = (per computer rate‚ $175 per week) x no. of accountants who access to the computerized system Total permanent costs = payment to accountant
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Chapter I THE PROBLEM AND ITS BACKGROUND Introduction Adapting in the world that we are living in is a challenge for every one of us since the world is dynamic and fast changing. Our way of life as well as the things that we are using every day tends to be more complex due to the booming international progression of technology and education of which mostly English language is the medium. We are well aware that English is the most frequently used second language in the world and also the universal
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Solution sto Chapter 2 Problems Accounting Judgements Questions 1. Accounting principles include: (a) Underlying assumptions – basic underlying assumptions that make accounting possible. (b) Qualitative criteria – standards to judge policy choices in conjunction with reporting objectives. (c) Measurement methods – ways to measure results and financial position. 2. The importance of establishing a document such as the IASB’s Framework is that this material helps standard setters when
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There are about 3 million car-related injuries a year‚ 2 million permanent injuries and 40‚000 deaths in the U.S. each year. The Department of Transportation’s statistics indicate that accidents are generally related to irresponsible driving behavior. About 40% of fatalities are related to drinking and driving‚ 30% to speeding and about 33% from a car going off the road. Seat belt use is only at about 68% nationally‚ despite it being a highly cost-effective means to prevent fatalities and serious
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Problem Set Seven Solutions Chapter 9 1. Two car manufacturers‚ Saab and Volvo‚ have fixed costs of $1 billion and constant marginal costs of $10‚000 per car. If Saab produces 50‚000 cars per year and Volvo produces 200‚000‚ calculate the average fixed cost and average total cost for each company. On the basis of these costs‚ which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost
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Relational Words as Handles: They Bring Along Baggage Ji Y. Son (jys@indiana.edu) Robert L. Goldstone (rgoldsto@indiana.edu) Department of Psychology‚ Indiana University 1101 E. 10th Street‚ Bloomington‚ IN 47401 Abstract Two experiments examined the role of relational language on analogical transfer. Participants were taught Signal Detection Theory (SDT) embedded in a doctor story. In the experimental condition‚ relational words accompanied the story. Relational words that shared superficial
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Quiz. Evaluate the following problems. Show your solution and encircle your final answer. 1. In a 25-kVA‚ 2000/200 V‚ single phase transformer‚ the iron and full load copper losses are 350 W and 400 W respectively. Calculate the efficiency at unity power factor on a) full load‚ b) half full-load. 2. If P1 and P2 be the iron and copper losses of the transformer on full load‚ find the ratio of p1 and P2 such tat maximum efficiency occurs at 75% full load. 3. A 5-kVA‚ 2300/230 V‚ 50 Hz transformer
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Introduction Solutions Software Company is a leading international software company. It is Australian division which is located in Sydney. Jane Cordon is new General Manger in Solutions Software Company. However‚ due to strange work environment and new work requirements‚ there exist many problems in Solutions Software Company. These problems include leadership skill problems‚ conflict of communication or inappropriate leadership style. If some problems don’t gain effective solutions‚ conflict between
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SOLUTIONS Financial Management Seminar + Homework‚ Week 5 1. Starware Software was founded last year to develop software for gaming applications. Initially‚ the founder invested $800‚000 and received 8 million shares of stock. Starware now needs to raise a second round of capital‚ and it has identified an interested venture capitalist. This venture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. a. How many shares must the venture capitalist
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22. Project NPV Hindustan Motors has been producing its Ambassador car in India since 1948. As the company’s website explains‚ the Ambassador’s “dependability‚ spaciousness‚ and comfort factor have made it the most preferred car for generations of Indians.” Hindustan is now considering producing the car in China. This will involve an initial investment of RMB 4 billion.14 The plant will start production after one year. It is expected to last for five years and have a salvage value at the end of
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