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Jordan is a college student who receives a monthly stipend from his parents of $1000. Jordan uses the stipend to pay rent for housing and to go to the movies (assume that all others have been paid). In the town where Jordan goes to college, each square foot of rental housing costs $1.50 per month. Each movie he attends costs $10. In your answer below, think of square feet as x1 (and hence along the horizontal axis) and movies as x2 (on the vertical axis). a) what is the expression for Jordan's budget constraint? b) draw a graph of this budget constraint c) what is the maximum number of sq feet of housing he can purchase given his stipend? d) what is the maximum number of movies he could purchase? e) if the price of movies increases to $12 and price of rental housing increases to $2.00 per sq foot, what happens to Jordan's budget constraint? Draw this new budget on your graph.
Evaluate the net present value of the investment in the machine and Show the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
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From the following selected data, compute - Evaluate Net cash flow provided (used) by financing activities.
The Statement of Cash Flows is sometimes referred to as the "where got, where gone” statement. What does this mean? Discuss the various components of this statement. Explain why is it so important in analyzing the cash flow of the company?
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Explain how the double-declining-balance method is computed. Provide an example of how this method could be used on the new delivery truck purchased for $300,000 to be used for 4 years with a salvage value of $5,000 for year one only.
Evaluation of Average collection period over the next year - what amount will this increase in the average collection period increase the financing needed by the company over the next year?
Albertville has a direct labor standard of two hours per unit of output. All employee has a standard wage rate of $22.50 per hour. Throughout July Albertville paid $189,500 to employees for 8,890 hours worked. 4,700 units were produced throughout ..
Calculation of Allowance for doubtful accounts and Allowance for doubtful accounts, Bad debt expense and Account receivable
Evaluation of net income from the change in stockholders' equity and find the net income for the year.
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