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Problem 1 - Your retail store buys handbags for $250.00 each, marks them up, and then sells them for $420.00 each. Your monthly expenses (fixed costs) are $50,000.
Calculate the breakeven point in dollars and in units. How can you improve your situation and get to the breakeven point sooner?
Problem 2 - Your luxury hotel has a total fixed cost of $100,000.00 per month. When a room is occupied, it attracts a variable cost for cleaning of $50.00. Your average rate-per-day per room is $1,000.00.
Calculate the breakeven point in dollars and in occupied rooms per month. How can you improve your situation and get to the breakeven point sooner?
Financial Statement Analysis and Preparation
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An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
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Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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