The opportunity cost of producing the oats
Nestle company paid $130,000 for a machine used to mill oats. The annual contribution margin from boat sales is $60,000. The machine could be sold for $80,000. The opportunity cost of producing the oats is?
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JJ Motors Inc. employs 45 sales personnel to market their line of luxury automobiles. The average car sells for $23,000, and a 6 percent commission is paid to the salesperson.
If each country manager is evaluated based on after tax net income, which alternative is preferred by each of the three country managers?
Cindy Justus is managing director of the Wichita Day Care Center. Wichita is currently set up as a full-time child care facility for children between the ages of 12 months and 6 years.
Ali Co. uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of November.
Prepare a cash budget for the month. Assume the percentage of sales that will be collected from customers is 75%, and the percentage of direct materials that will be paid in the current month is 75%.
California Co. issued 200 bonds at a stated rate of 6% interest, with a principal amount of $1,000. The bonds are dated January 1, 2012, and are issued on that date. The bond pays interest semiannually. The bond will mature in five years.
The Landers Corporation needs to raise $1.60 million of debt on a 20-year issue. If it places the bonds privately, the interest rate will be 10 percent.
Marvin%u2019s Music Company was incorporated as a new business on January 1, 2012. The company is authorized to issue 40,000 shares of $1 par value common stock.
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Suppose that a group of researchers would like to explore how we perceive objects in the real world, rather than just in a laboratory
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