Business

Mallard Company rents a warehouse on a month-to-month…

Question: Mallard Company rents a warehouse on a month-to-month basis for the storage of its excess inventory. The company periodically must rent space whenever its production greatly exceeds actual sales. For several years, the company executives have discussed building their own storage facility, but this enthusiasm wavers when sales increase sufficiently to absorb excess inventory. …

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Asaki Company accumulates the following data…

Question: Asaki Company accumulates the following data concerning a proposed capital investment: cash cost $220,000, net annual cash flows $40,000, present value factor of cash inflows for 10 years 5.65 (rounded). Determine the net present value, and indicate whether the investment should be made. Answer: 40,000*5.65 = 226,000226,000 – 220,000 = 6,000 Click to Rate …

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Company B manufactures desk. the following pertains to job…

Question: Company B manufactures desk. the following pertains to job 1. Direct materials used $11,450, Direct labour hrs worked 360, Direct labour rate per hr $15.00, Machine hrs used 300, Applied factory overhead rate per machine hr $ 22.00. what is the total manufacturing cost for this job? Answer: Calculation of total manufacturing cost: Direct …

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Presented below are selected transactions of Pale Force Company

Question: Presented below are selected transactions of Pale Force Company. Pale Force sells in large quantities to other companies and also sells its product in a small retail outlet. March 1 Sold merchandise on account to CC Company for $3,000, terms 2/10, n/30.March 3 CC Company returned merchandise worth $500 to Pale Force.March 9 Pale …

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Suppose that the current Canadian dollar (CAD) to U.S. dollar exchange rate is $0.85 CAD…

Question: Suppose that the current Canadian dollar (CAD) to U.S. dollar exchange rate is $0.85 CAD = $1 US and that the U.S. dollar price of an Apple iPhone is $300. What is the Canadian dollar price of an iPhone? Next, suppose that the CAD to U.S. dollar exchange rate moves to $0.96 CAD = …

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Find an example of business meeting minutes. It should be at least one page long and created in the past six months

Question: Find an example of business meeting minutes. It should be at least one page long and created in the past six months. It should not be a template, and must not be the same minutes used by your classmates. Analyze your example’s effectiveness, strengths and weaknesses. Provide either a copy of the Minutes or the …

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