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Martha has asked you to evaluate her business, Martha's Tattoo Salon. Martha has five tattoo artists working for her. (Martha is not one of them.) Each tattoo artist is paid $9.90 per hour and works 40 hours a week and 50 weeks a year, regardless of the number of tattoos. Rent and other fixed expenses are $1,750 per month. Assume that the only service performed is the giving of tattoos, whose unit price is $12. Determine the annual breakeven point in number of tattoos.
1 the stock of trudeau corporation went from 27 to 45 last year. the firm also paid 2 in dividends during the year.
Suppose that one-year zero-coupon US Treasury bonds with a $10,000 face value are currently selling for $9,852.
In its most recent financial statements, ABC Inc. reported $35 of net income and $706 of retained earnings. The previous retained earnings were $824. How much in dividends was paid to shareholders during the year?
Marshall's & Corporation bought a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised at $810,000.
Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 30-year mortgage at 6% compounded monthly. How much interest will refinancing save? Round to the nearest cent as needed.
Analyze Mark's budget as a financial planning tool for making decisions in the following situations.
The interest rate is 10% for the first 15 years of the mortgage but then increases to 15% for the last 15 years. How much will your annual payment be?
write a six to eight 6-8 page paper in which you1. examine applersquos current position on the companyrsquos ethical
If Treasury bonds yield 6%, and Carter's marginal income tax rate is 40%, what yield on the Chicago municipal bonds would make Carter's treasurer indifferent between the two? Answer 3.42% 3.60% 3.78% 3.97% 4.17%
Explain decision making on the basis of the net present value criterion and what is the meaning of the computed net present value figure
creating a spreadsheet track personal business expenses is an excellent use of microsoft excel.nbsp for this exercise
candy company had sales of 240000 and cost of goods sold of 108000. what is the gross profit margin ratio of gross
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