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Bargain Rental Car offers rental cars in an off-airport location near a major tourist destination in California. Management would like to better understand the behavior of the company's costs. One of those costs is the cost of washing cars. The company operates its own car wash facility in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the costs of operating the car wash should be related to the number of rental returns. Accordingly, the following data have been compiled:
Using least-squares regression, estimate the fixed cost and variable cost elements of monthly car wash costs. (Round your fixed cost to the nearest dollar amount and the variable cost element to the nearest cent. Omit the $ sign in your response.)
dellas donuts owner made investments of 53500 and withdrawals of 20700. the company has revenues of 83700 and expenses
Compute the return on assets, profit margin and asset utilization rate for Textron and Gulfstream. Assess Textron's competitive financial position. Compute the free cash flow for Textron and Gulfstream.
Over the past year, you earned 11.9% overall on your investments. During that period, the inflation rate was 2.3% and the risk-free of risk-free rate of return was 3.2%. What real rate of return did you earn?
Evaluate whether the Dodd-Frank legislation can prevent a financial crisis in the future. Provide your rationale.
Post to the stockholders' equity accounts. Prepare the paid-in capital section of stockholders' equity at December 31, 2006.
Identify some additional control procedures that the company might implement to reduce the monthly loss from theft of office supplies by employees.
A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2008, what is this bond's time to maturity?
Using the successful efforts method of accounting for oil and gas exploration costs, how much exploration expense would be shown in Exploratory's income statement for 2013?
To differentiate the variable and fixed costs in the use of this machine for future planning, use the high-low method to determinethe variable cost per copy and compute the flat fee.
Victory Company uses weighted-average process costing to account for its production costs. Direct labor is added evenly throughout the process. Direct materials are added at the beginning of the process.
in may of this year mary-mark enterprises a business that uses the calendar year as its tax reporting year acquired a
What has been the effect of this practice on accounting? What is its relation to the accrual system? What influence has it had on accounting entries and methodology?
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