Budgeting and forecasting for a restaurant
Could you explain the importance of maintaining accurate records in regard to income, expenses, profit, budgeting, and forecasting for a restaurant?
50-100 words.
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(a) compute the break even point in dollars (b) compute the margin of safety in dollars and the margin of safety ratio
Total fixed costs $313,500 variable costs per unit $90 selling price per unit $150 If management has a targeted net income of $59,400, then sales revenue should be ____________.
Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant). What is the cost of common from retained earnings based on the DCF approach?
Cooper Corporation has 50,000 shares of common stock outstanding and has a 30% federal income tax rate on all tax related items. Round all earnings per share figures to the nearest cent.
Depreciation for the year is estimated to be $5,000. Prepare the adjusting entry for depreciation at December 31, post the adjustments to T accounts, and indicate the balance sheet presentation of the equipment at December 31.
Mr. Sullivan is borrowing $2,000,000 to expand his business. The loan will be for ten years at 12% annual interest and will be repaid in equal quarterly installments. How much will each quarterly payment be?
Emerson electric common stock selling for $36.75 recently paid a $1.32 dividend and the firms earning per share has increased from $1.49 to $3.06 in the past five years. The expected rate of return is 15%. Calcualte the value for this investment b
What is the amount needed to establish reciprocity under the cost method in the preparation of a consolidated workpaper on December 31, 2011?
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