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Ships arrive at a port facility at an average rate of two ships every three days. On average, it takes a single crew one day to unload a ship. Assume that interarrival and service times are exponential. The shipping company owns the port facility as well as the ships using that facility. The company estimates that it costs $1000 per day for each day that a ship spends in port. The crew servicing the ships consists of 100 workers, each of whom is paid an average of $30 per day. A consultant has recommended that the shipping company hire an additional 40 workers and split the employees into two equal-size crews of 70 each. This would give each crew an average unloading or loading time of 1.5 days. Which crew arrangement would you recommend to the company?
What amount will Horton's total paid-in capital decline if it reacquires 2 million shares at $8.50 per share?
Gold Co. sold merchandise to Bronze Co. on account, $25,000, terms 2/15, net 45. The cost of the merchandise sold is $18,500. Gold Co. issued a credit memorandum for $2,500 for merchandise returned that originally cost $1,900. Bronze Co. paid the ..
ahi corporation is one of your clients in hawaii. the company had a good year last year and owes the irs 100000000 due
What you think the company might have done to prevent this, or lessen the impact What you learned about the Foreign Corrupt Practices Act.
Prepare a table to allocate the lump-sum purchase price to the separate assets purchased. Prepare the journal entry to record the purchase.
A company purchased and installed a machine on January 1, 2004 at a total cost of $72,000. Straight-line depreciation was calculated based on the assumption of a five-year life and no salvage value. The machine was disposed of on July 1, 2007.
At the end of the current year, Accounts Receivable has a balanced of $800,000; Allowance for Doubtful accounts has a debit balance if $2000; and Net Sales for the year total $2,200,000. Bad debt expense is estimated at 1/2 of 1% of net sales. Pre..
a company is considering investing in manufacturing equipment expected to cost 184000. the equipment has an estimated
refer to the financial statements of urban outfitters given in appendix c at the end of this book. at the bottom of
During December 2008, Fashion Vixen Publishing sold 2,500 12-month annual magazine subscriptions at a rate of $30 each. The first issues were mailed in February 2009. Prepare the journal entries on Fashion Vixen's books 1) to record the sale of th..
at the time of his death on july 9 2012 aden was involved in the following real estate. fair market value on july 9
what is rafaels amount realized on the sale in each of the following alternative scenarios? a. rafael received 80000
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