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The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee's time is worth $15 per hour. The slow copier rents for $4 per hour, and it takes an employee an average of 10 minutes to complete copying. The fast copier rents for $15 per hour, and it takes an employee an average of six minutes to complete copying. On average, four employees per hour need to use the copying machine. (Assume the copying times and interarrival times to the copying machine are exponentially distributed.) Which machine should the department rent to minimize expected total cost per hour?
julio purchased a stock one year ago for 27. the stock is now worth 32 and the total return to julio for owning the
Louie Company has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary.
abc construction company build a grocery store for megagrocers. the contract provided that the contract price would be
For the year ended December 31, 2007, May's bad debt expense would be ??
in 2007 nike settled a class action lawsuit filed on behalf of 400 african american employees of the companys niketown
(Annualizing a monthly rate) You credit card statement says that you will be charged 1.05% interest a month on unpaid balances. What is the Effective Annual Rate (EAR) being charged?
management is considering purchasing an asset for 42000 that would have a useful life of 6 years and no salvage value.
when making any type of business decision one of the most difficult things to do is distinguish between relevant
joe owes willy 5000 from an old gambling debt. joe knows that there is no way he can repay the debt in the near future.
Madtack applies manufacturing overhead cost to jobs at the rate of 55% of direct labor cost incurred. The company does not close underapplied or overapplied manufacturing overhead to Cost of Goods Sold until the end of the year.
actual raw materials used 26000 lbs at 2.80 per lb. actual factory payroll 2800 hours for a total of 26600 actual
Identify what type of adjusting entry (prepaid expense, unearned revenue, accrued expense, accrued revenue) is needed in each situation, at December 31, 2010.
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