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2 points Portia's Salon is contemplating an increase in their rental space that will result in...
Oliver is a hairstylist and is going to start his own salon business. Before he opens...
Oliver is a hairstylist and is going to start his own salon business. Before he opens the Salon, he must make sure that the business is profitable. Oliver will employ three hairstylists. He believes that every hairstylist, including himself, will serve 5 customers per day and earn $70/customer. The salon will open for 25 days per month. Oliver will pay each hairstylist $5000 per month. The remainder of the total cost such as a space rental, utility, and advertisement will...
You run a nail salon. Fixed monthly cost is $5,279.00 for rent and utilities, $6,077.00 is...
You run a nail salon. Fixed monthly cost is $5,279.00 for rent and utilities, $6,077.00 is spent in salaries and $1,347.00 in insurance. Also every customer requires approximately $5.00 in supplies. You charge $66.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,263.00, salaries to $6,148.00 and insurance to $2,161.00 per month. Cost of supplies will increase to $7.00 per service. However you can now...
The Elite Car Rental Corporation is contemplating expanding its short-term rental fleet by 30 automobiles at...
The Elite Car Rental Corporation is contemplating expanding its short-term rental fleet by 30 automobiles at a cost of $900,000. It expects to keep the autos for only two years and to sell them at the end of that period for 60 percent, on average, of what they cost. The plan is to generate $10,500 of incremental revenue per additional auto in each year of operation. The controller estimates that other costs will amount to 14 cents per kilometre on...
The Elite Car Rental Corporation is contemplating expanding its short-term rental fleet by 30 automobiles at...
The Elite Car Rental Corporation is contemplating expanding its short-term rental fleet by 30 automobiles at a cost of $900,000. It expects to keep the autos for only two years and to sell them at the end of that period for 60 percent, on average, of what they cost. The plan is to generate $10,500 of incremental revenue per additional auto in each year of operation. The controller estimates that other costs will amount to 14 cents per kilometre on...
spusion is the result of foreclosure The rental part of the property was separate from the...
spusion is the result of foreclosure The rental part of the property was separate from the part used personally The taxpayer rented an extra bedroom within the residence Mark for follow up Question 38 of 75. Glenn has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Glenn a $1.200 security deposit plus 595 timely paid the $950 monthly rent each of the remaining eleven months. How much rental...
2. As a logistics manager, you determined the cost of using a 3PL storage space/warehouse. The...
2. As a logistics manager, you determined the cost of using a 3PL storage space/warehouse. The cost information is given below: Option A: Rent as much space as you need and pay $4.5/sq. foot per month. Option B: Rent a manual handling warehouse and its monthly charges include fixed cost of $2400 plus $3.5 per sq. foot of space. Option C: Rent a semi-computerized storage at $3.00 per sq. foot that has a monthly fixed cost of $4,600 a. Write...
2. Your company is considering three alternatives for a warehouse that will be used for one...
2. Your company is considering three alternatives for a warehouse that will be used for one year only. The alternatives are: A. Rent a warehouse at the cost of $10,000 per month and pay for utilities B. Rent the warehouse at the cost of $12,000 per month which includes utilities C. Build an energy efficient warehouse at the total cost of $20,000,000 and sell it after one year for $19,000,000. If the average cost of utilities is $0.50 per unit...
Question 5 (10 points) Your firm is contemplating the purchase of a new $500,000 computer-based order...
Question 5 (10 points) Your firm is contemplating the purchase of a new $500,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $40,000 at the end of that time. You will save $120,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $30,000 at the beginning of the project. Working capital will revert back to normal at the end...
with the calculation please North Company agreed to rent more space to West Enterprises, for 28...
with the calculation please
North Company agreed to rent more space to West Enterprises, for 28 months. The rental period begins on December 1, 2017 and continues until April 1, 2020. As part of the negotiation for the lease, North agreed to defer the rent payments for the first four months until April 12,2018, West has agreed to pay a total olive months of rent payments on that date, including rent for the months of December 2017 through March 2018,...
Rental costs for office space have been going up at 6.15 per year compounded annually for...
Rental costs for office space have been going up at 6.15 per year compounded annually for the past 7 years ofice space rent is now 22 per square foot per month what were the entrates 7 years ago? The rates 7 years ago were about s per square foot. (Round to two decimal places as needed) A loan of $24.780 was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 6.2%...
spusion is the result of foreclosure The rental part of the property was separate from the part used personally The taxpayer rented an extra bedroom within the residence Mark for follow up Question 38 of 75. Glenn has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Glenn a $1.200 security deposit plus 595 timely paid the $950 monthly rent each of the remaining eleven months. How much rental...
2. As a logistics manager, you determined the cost of using a 3PL storage space/warehouse. The cost information is given below: Option A: Rent as much space as you need and pay $4.5/sq. foot per month. Option B: Rent a manual handling warehouse and its monthly charges include fixed cost of $2400 plus $3.5 per sq. foot of space. Option C: Rent a semi-computerized storage at $3.00 per sq. foot that has a monthly fixed cost of $4,600 a. Write...
2. Your company is considering three alternatives for a warehouse that will be used for one year only. The alternatives are: A. Rent a warehouse at the cost of $10,000 per month and pay for utilities B. Rent the warehouse at the cost of $12,000 per month which includes utilities C. Build an energy efficient warehouse at the total cost of $20,000,000 and sell it after one year for $19,000,000. If the average cost of utilities is $0.50 per unit...
Question 5 (10 points) Your firm is contemplating the purchase of a new $500,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $40,000 at the end of that time. You will save $120,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $30,000 at the beginning of the project. Working capital will revert back to normal at the end...
with the calculation please
North Company agreed to rent more space to West Enterprises, for 28 months. The rental period begins on December 1, 2017 and continues until April 1, 2020. As part of the negotiation for the lease, North agreed to defer the rent payments for the first four months until April 12,2018, West has agreed to pay a total olive months of rent payments on that date, including rent for the months of December 2017 through March 2018,...
Rental costs for office space have been going up at 6.15 per year compounded annually for the past 7 years ofice space rent is now 22 per square foot per month what were the entrates 7 years ago? The rates 7 years ago were about s per square foot. (Round to two decimal places as needed) A loan of $24.780 was repaid at the end of 7 months. What size repayment check (principal and interest) was written, if a 6.2%...
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