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The small mail-order firm Sea's Beginning has one phone line. An average of 60 people per hour call in orders, and it takes an average of one minute to handle a call. Time between calls and time to handle calls are exponentially distributed. If the phone line is busy, Sea's Beginning can put up to c - 1 people on hold. If c - 1 people are on hold, a caller gets a busy signal and calls a competitor. Sea's Beginning wants only 1% of all callers to get a busy signal. How many people should it be able to put on hold, that is, what is the required value of c?
borderline cafeterias has discovered that most of its wait staff is white while most of its kitchen staff is minority.
For each of the following situations, determine the proper year for recognition of the income or deduction if the taxpayer is (1) a cash basis taxpayer and (2) an accrual basis taxpayer:
1. UNDER WHAT condoms should A FIRM shut down? 2. Demand has fallen for a monopolist, what should happen to its price, output economic profit?
What is the main distinction between perpetual and periodic inventory systems? Which type of system provides better internal control over inventory? Explain why.
what are the accounting debits and credits when transactions are processed using checks in quickbooks? what are the
at the beginning of the year january 1 maurice and sons has 14300 of common stock outstanding and retained earnings of
10. Marci has two jobs and both employers withheld FICA tax. From her first job, she earned $98,600 and from her second job she earned $18,700. How much can Marci claim on her Form 1040 as excess social security tax paid in 2013?
Added to the gross investment in the lease and amortized over the term of the lease as a yield adjustment.
Assuming that the company recognizes an inventory write-down as a separate income statement item, for each of the LCM applications determine the amount of the loss.
polaski company manufactures and sells a single product called a ret. operating at capacity the company can produce
what is an example of a gain contingency? what is the accounting treatment for gain contingencies? please discuss the
Mahtomedi Corporation is considering investing in specialized equipment costing $240,000. The equipment has a useful life of five years and a residual value of $20,000. Depreciation is calculated using the straight line method. The expected net ca..
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