Question : (TCO 7) An understanding of life-cycle costs can lead to 5. Question : (TCO 7) Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number
What volume is required to provide a pretax profit of $100,000? A pretax profit of $200,000? (100 X vol) – (25 X vol) – 500,000=100,000 (75 X vol) – 500,000 = 100,000 75 X vol – 600,000/75 = 8,000 Total volume = 8,000 d. Sketch out a CVP analysis graph depicting the base case situation e. Now assume that the practice contracts with one HMO, and the plan proposes a 20 percent discount from charges. Redo questions a, b, c, d, under these condition. 2.
The issue is to determine how the reimbursement of expenses, in the amount of $25,000 should be treated for Federal income purposes. According to Code Sec. 162 (a), all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business shall be deducted including the following: compensation for personal services actually rendered, any travel expenses, and rental or other payments for the trade or business. The $25,000 would be considered as gross income from Code Sec. 61 (a) (1) as defined above as compensation for services, however, it may also be
We strive to reflect the highest ethical standards in our relationships with consumer, customers, and shareholders. Refreshed Fleet, Inc. is committed to supplying the client with the finest, high-quality service and to leading the industry into environmental and implement the use of cleaner construction equipment. Refreshed Fleet supports these goals with a corporate philosophy of adhering to the highest ethical conduct in all its business dealings, treatment of its employees, and social and environmental policies To be the leading nationwide innovator, developer and provider of cleaning, sanitation and maintenance products, systems, and services. As a team, we will achieve aggressive growth and fair return for our shareholders. We will accomplish this by exceeding the expectations of our customers while conserving resources and preserving the quality of the environment.
Facts In 1983, GEICO announced plans to purchase several million shares of its outstanding common stock for $60 per share. Among GEICO’s largest stockholders was Berkshire Hathaway, Inc., an investment company. Executives of the two companies decided that Berkshire would tender approximately 350,000 if its GEICO shares in the stock buyback plan, which would allow Berkshire to treat the transaction as a proportionate redemption. In a proportionate redemption, the percentage equity interest of on company in a second company is maintained at the level that existed immediately before the transaction. For federal taxation purposes, the proceeds received by the investor company in a proportionate redemption are taxed as dividends by applying the effective intercorporate dividend tax rate.
Your initial post should be 200-250 words and your example should be properly cited according to APA as outlined in the Ashford Writing Center. Job Order Costing vs. Process Costing. Explain the similarities and differences between job order costing and process costing. In your explanation, provide examples of when job order costing and process costing would be most appropriate.
For business alpha the total current asset calculation is to add all the assets In order to receive the full current assets. For business alpha the full current asset value is 251,000. The stock amount was 242,000 whilst the debt having 6,000 and the cash was 3,000. The current liabilities are something’s that are owned by the business which should be paid back by in less than one year. Examples of current liabilities are creditors.
• Determine whether the provisions of the tender are considered, such as, freight terms, discounts, and service. • Determine if the procedures were properly followed. c. Approval of Contracts. • Obtain a listing of all vendors receiving more than $50,000 during year. • Review tender approval.
Prepare in proper form the December 31, 20X0, balance sheet and the 20X0 income statement for Weikart Company. Include the proper amount for additional paid-in capital. Question 6: Source: horngren, et al. (2011). Introduction to management accounting (15th ed., p.722).
Business Research Report The Positive Aspects of Ethical Business Practices Assessment Code: RWT1 Student Name: Lauren J. Williams Student ID: 268329 Date: November 26, 2013 Mentor Name: Ms. Chevon Cooke TABLE OF CONTENTS Executive Summary 3 Introduction 4 Research Findings: Ethics Programs Can Help Guarantee Corporate Compliance 5 An Ethical Workplace Boasts More Satisfied and Efficient Employees 6 Positive Media Attention Leads to Consumer Confidence…………………………………………………………………..7 Recommendations 8 Conclusion 9 References 10 Executive Summary The purpose of this report is to provide a thorough analysis of our company’s current ethical standards and the consequences that we will incur if we refuse to implement a more ethical and socially responsible way of doing business. I have thoroughly analyzed current federal and state laws in comparison to our company’s current business methods. Results of my investigation indicates that we are exposing our company to both criminal and civil penalties, spending needless money on training new employees instead of retaining current ones as well as failing to provide a positive consumer perception via media outlets.