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Thoreau co. is planning a fundraiser to benefit various environmental causes. all proceeds in excess of costs will be donated to these causes. the planning committee has developed the following budget for the event: ballroom rental: 1900 entertainment: 2500 printing: 500 + 7 per guest food: 25 per guest decorations and favors: 800 + 3 per guest a) write the equation for the cost function, based on the budget developed by the planning committee. b) if thoreau co. charges 200 per ticket, how many people would have to attend the event in order for the event to break even? c) if thoreau co. charges 200 per person and 3000 people attend the event, how much will thoreau donate to the environmental causes?
During 2010, Sensa Corporation incurred operating expenses amounting to $100,000 of which $75,000 was paid in cash; the balance will be paid in January 2011. Transaction analysis of operating expenses for 2010 should reflect only the following.
First Business Bank charges a 3.5% service charge for credit card sales. Prepare entry on Ritz Company's books to record the sale of merchandise.
If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, illustrate what are the expected cash receipts for March?
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. If needed, use the minus sign to indicate cash outflows, negative amounts or a decrease in cash.
Preparation of cash budget for a month - Prepare a basic cash budget for the month of January
Organize the appropriate journal entries through the maturity of each liability.
Prepare the journal entries that are required at year-end to arrive at a consolidated balance sheet and income statement as of December 31, 2009.
Based on the information given above, determine David's AGI. Be sure to show your work.
multiple choice questions on accounts receivables and inventory.1.all of the following are anticipated effects of a
Using the expected value approach, determine the safety stock level.
If the current interest rate is 5%, determine the present value of your winnings. Use the present value tables in Appendix A. Round to the nearest whole dollar.
Penury Company offers two products. At present, the following represents the usual results of a month's operations and determine the break-even point in terms of dollars
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