Financial planning play for competitive firm
What role does financial planning play for a competitive firm? How can a firm utilize leveraging to maintain a high level of competition? What resources should a firm target when planning and adjusting to market and/or industry fluctuations?
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Richard operates a hair styling boutique out of his home. 300 of the 1,200 square feet of floor space are allocated to the boutique. Other information is as follows:What amount of income or loss from the boutique should Richard show on his return.
Each play set requires $300 of wood, ten hours of labor at $50 per hour, and variable overhead costs of $50. Fixed advertising expenses equal $40,000 per year. Each play set sells for $ 2,350. What is Amish Enterprises' break even output level?
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The market value of the common stock at the date of the conversion was $30 per share. What total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common stock?
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