Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem
Stevie McQueen has run LuxuryLuxury Car Detailing for the past ten years. His? static-budget and actual results for June 20152015 are provided below. Stevie has one employee who has been with him for all ten years that he has been in business. He has not been as lucky with his second and third employees. Stevie is hiring new employees in those positions almost every second month. It usually takes 2 hours to detail a vehicle. It takes as long for the seasoned employee as for the new? ones, as the former tends to put more into the job. Stevie pays his? long-term employee $ 18$18 per hour and the other two employees $ 9$9 per hour. Stevie pays all employees for 2 hours of work on each? car, regardless of how long the work actually takes them. There were no wage increases in June.
1. Prepare a statement of the static-budget variances that Stevie would be interested in.
2. Compute any flexible-budget variances that you believe would be appropriate.
3. What information, in addition to that provided in the income statements, would you want Stevie to gather if you wanted to improve operational efficiency?
4. How many cars, on average, did Stevie budget for each employee? How many cars did they actually detail?
5. What advice would you give Stevie about motivating his employees?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd