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Profit, charges, and break-even without and with overhead. A number of years ago, at the request of its employees, Jack Winslow and Company converted one of its small rooms to house a small pharmacy for its employees in which they can buy a few popular prepackaged drugs. JWC only wants to break even on this service. Total cost of operating the pharmacy per year is $24,000: $1,000 a month for the contractor who operates the pharmacy and the remainder in drug costs. JWC charged $25 a month to each of 500 employees who participated last year.• How much did the company make or lose during the year? • In setting its rate for the coming year, how much would JWC have to charge per participating employee if it expects to break even? It estimates 500 employees per year will use this service.• What if JWC also wants these employees to cover the estimated $100 overhead per month the pharmacy space costs? • What would JWC have to charge if it expects drug costs to increase 10 percent per employee?
Determine the present value of $500,000 to be received in three years, using an interest rate of 12%, compounded annually, as follows: a. By successive divisions. Round answer to the nearest dollar.
during september the following summary transactions were completed. sept. 8 paid 1356 for salaries due employees of
a computer manufacturer recently shipped several laptops to a customer cost 25000 and billed the customer
Explain to him the rules of debits and credits for the balance sheet and income statement - journal entry that would be recorded that impacts the balance sheet.
Journalize the bond issuance. Using the bond from the above journalize the first interest payment and the amortization of the related bond discount.
Explain how both small and large organizations can benefit from budgeting. Explain why a company can show it has a substantial amount of revenue and yet not able to pay its current liabilities?
what is the role of the state in stimulating and regulating economic growth inequality and the consequences of future
On July 1, 2011, Tremen Corporation acquired 40% of the shares of Delany Company. Tremen paid $3,000,000 for the investment, and that amount is exactly equal to 40% of the fair value of identifiable net assets on Delany's balance sheet.
At the end of the year, Roger's share of partnership liabilities increased by $20,000. Roger's basis in the partnership interest at the end of the year is:
Determine the unrealized profit in Salt's inventory at December 31, 2004. Compute Petrel's income from Salt for 2005.
woodmier lawn products introduced a new line of commercial sprinklers in 2008 that carry a one-year warranty against
updraft systems inc. makes paragliders for sale through specialty sporting goods stores. the company has a standard
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