A burger joint needs a $25,000 start up fee. the base demand for the burger buns is 40,000 patties per year with a decrease of 8,000 patties per year for every dollar the price increases past 0.The total cost for each patty is 1 dollar per patty. A pizza cafe needs a $18,000 start up fee the base demand for the slices is 60,000 per year with a decrease of 15,000 per year for every dollar the price increases past 0. The total cost for each slice is .50c per slice Demand for either food will increase 5 percent every year following year 1. What enterprise will be more profitable over 5 years not accounting for depreciations just cash flows. show work show percentage return.

a burger joint needs a $25,000 start up fee. the base demand for the burger buns is 40,000 patties per year with a decrease of 8,000 patties per year for every dollar the price increases past 0.The total cost for each patty is 1 dollar per patty. A pizza cafe needs a $18,000 start up fee the base demand for the slices is 60,000 per year with a decrease of 15,000 per year for every dollar the price increases past 0. The total cost for each slice is .50c per slice Demand for either food will increase 5 percent every year following year 1. What enterprise will be more profitable over 5 years not accounting for depreciations just cash flows. show work show percentage return. use excel

Marc Lusebrink, sole proprietor of Oak Company, bought a used automobile and drove it 13,326 miles for business during 2017 and a total (including business miles) of 16,250 miles. His total expenses for his automobile for the year are:

The automobile cost $15,000 on January 1, and depreciation expense for the year, including business use, was $3,000. His business parking and toll fees for business amount to $327.

Calculate Marc's transportation expense deduction for the year under each method listed below.

Round business use to the nearest whole percentage. If required, round your answers to the nearest dollar.

Standard Mileage Method: $

Actual Cost Method:

Two different companies, Vogel and Hatcher, entered into the following inventory transactions during December. Both companies use a perpetual inventory system.

• December 3 – Vogel Corporation sold inventory on account to Hatcher Corp. for $481,000, terms 2/10, n/30. This inventory originally cost Vogel $313,000.
• December 8 – Hatcher Corp. returned inventory to Vogel Corporation for a credit of $4,300. Vogel returned this inventory to inventory at its original cost of $2,798.
• December 12 – Hatcher Corp. paid Vogel Corporation for the amount owed.

Required:

1. Prepare the journal entries to record these transactions on the books of Vogel Corporation.
2. What is the amount of net sales to be reported on Vogel Corporation’s income statement?
3. What is the Vogel Corporation’s gross profit percentage?

Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines. This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $12.00 million fully installed and will be fully depreciated over a 15 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $3.19 million per year and increased operating costs of $751,841.00 per year. Caspian Sea Drinks' marginal tax rate is 34.00%. The internal rate of return for the RGM-7000 is _____.

Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))

answer should be in 4 decimal places.

Kenix Brokerage House (KBH) provides brokerage services, including margin trading. Initial margin requirement is set at 50% with maintenance margin of 30%. Margret plans to short 1,000 shares of Tasty Meat at $50 per share.
a) Without considering interest cost of borrowing stock, how high the Tasty Meat price is when Margret gets a margin call? (rounded your answer to 4 decimal places) How much cash should she deposit in order to maintain the percentage margin back to 40%?

b) Compute effective annual return if Margret closes the position at $46 five months later. (Ignoring the interest cost of borrowing stock)
c) Compare the level of risk by using inverse ETFs and short sales to make profit in expected bear market.

The following figures have been extracted from statement of comprehensive income of Rochester (Pty) LTD for the year ended 31 December 2019 Sales R 3600 000 Cost of sale R 2160 000 Operation expenses R 864 000 Interest expenses 72 000 Company tax ( 30% of profit before tax 151 200 Net profit 352 800 Additional information 1 . The sales forecast for the year ended 31 December 2020 is 4 000 000 2. Rochester has identified cost of sales, operating expenses and interest expenses as varying in production to sales Required Prepare the pro- for a statement of comprehensive income for the year ended 31 December 2020 using the percentage of sales method .

Question 2

Kenix Brokerage House (KBH) provides brokerage services, including margin trading. Initial margin requirement is set at 50% with maintenance margin of 30%. Margret plans to short 1,000 shares of Tasty Meat at $50 per share.

a) Without considering interest cost of borrowing stock, how high the Tasty Meat price is when Margret gets a margin call? (rounded your answer to 4 decimal places) How much cash should she deposit in order to maintain the percentage margin back to 40%?

b) Compute effective annual return if Margret closes the position at $46 five months later. (Ignoring the interest cost of borrowing stock)

c) Compare the level of risk by using inverse ETFs and short sales to make profit in expected bear market.

Using cost-volume-profit formuas:E 20.8 Arrow products typically earns a contribution margin ratio of 25 percent and has current fixed cost of $80,000. Arrow's general manger is considering spending an additional $20,000 to do one of the following : 1 start a new ad campaign that is expected to increase sales revenue by 5 percent. 2. license a new computerized ordering system that is expected to increase Arrow's contribution margin ratio to 30 percent. sales revenue for the coming year was initially forecast to equale $1,2000,000(that is without impleminting either of the above options). A. For each option, how much will projected operating income increase or decrease relative to initial prediction? B. By what percentage would sales revenue need to increase to make the ad campaign as attractive as the ordering system?