all 5 barbers. ($19‚800*5 = $99‚000.00) Now let’s take a look at the fixed expenses including rent. ($1‚750.00 per month = $1‚750.00*12 = $21‚000.00 per year) Finally‚ let’s take a look at the total (fixed costs). ($99‚000.00 + $21‚000.00 = $120‚000.00) So what is the break-even point? Let’s take a look. $120‚000 (Fixed costs)/$11.60 (UCM)=10‚344.8275 or 10‚344.8 total haircuts 3. What will be the operating income if 20‚000 haircuts are performed? Show calculations to support your answer
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accrual basis accounting‚ revenues are recognized when earned and expenses are recognized when incurred. TrueFalse(circle one) If false‚ explain below or correct above: 2.Expenses are decreases in assets or increases in liabilities incurred in order to generate revenues. TrueFalse(circle one) If false‚ explain below or correct above: 3.Deferred expenses are initially recorded as assets and when they are later used‚ expenses will increase and assets will decrease. TrueFalse(circle one) If
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to the traditional salons to get their hair cut or nails done on the timely basic. By doing mobile salon‚ we offer customer the convenience of not having to drive to the salon and wait for their turns. Less driving time and more importantly it is a great service to Baby boomers populations who most of the time hesitating of doing too much driving. This service is also attractive to busy people. Mobile salon offers full services hair‚ nails‚ facial‚ make-up and eco-friendly salon which offers non-harmful
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ASHFORD UNIVERSITY | Rising Medical Expenses | Are “Sin Taxes” the answer? | ENG122: English Composition IIInstructor: Laura Crittenden | Cory Pelisek | 6/23/2013 | When I think of taxes‚ it reminds me of a quote from one of our greatest presidents in United States history‚ Calvin Coolidge‚ he stated that “Collecting more taxes than is absolutely necessary is legalized robbery.” Raising taxes from one individual to pay for another individual is taking away from our Fifth Amendment
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A forecast is a quantifiable estimate of future demand. Forecasting in business is the process of estimating the future demand for out products and services. Financial statement forecasting allows organizations to evaluate their current operating performance‚ review the situation of the economy and determine how they will perform in the future. Forecasting is a key practice in the corporate activity. As an essential part of decision-making processes‚ financial data forecasting supports a firm to
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1.1.1 Health Expense Coverage Health expense coverage can be included by basic health insurance‚ major medical insurance‚ and miscellaneous coverage. Basic health insurance has less cost-sharing provisions and it can be known as three parts: hospital insurance‚ surgical insurance‚ and regular medical expense insurance. 1) Hospital insurance is one of health insurance plan that offering restriction coverage for hospital confinement due to illness‚ accidents‚ and intensive care of convalescence.
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Economic Snapshot of the Salon and Spa Industry June 2011 Salon Industry Snapshot The salon and spa industry is a vibrant and growing component of the U.S. economy‚ with more than 900‚000 total establishments and annual sales of nearly $40 billion. Salon Establishments With Payroll Employees 2009 Establishments 2009 Sales Non-Employer Salon Establishments* 2008 Establishments 2008 Sales 88‚876 $21.2 billion 824‚119 $18.8 billion Source: Bureau of Labor Statistics‚ U.S. Census Bureau;
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Behind the closed doors of a nail salon is the truth of how damaging nail products are. Not having Regulations that can protect manicurist from the damaging effects. The lack of regulations are affecting many workers in nail salons. The regulations U.S has on chemicals in nail products comply of only having certain things expected by the Food and Drug administration(FDA). That is to say “Cosmetic products and ingredients don’t need FDA premarket approval.”(211) Thus‚ being the companies have full
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between the dependent variable‚ aggregate money demand (M1)‚ and the independent variables‚ income (GDP)‚ the price level (PR)‚ and short term interest rates (RS). The sample forecasting project takes us through the following steps: 1. importing data into EViews from an Excel spreadsheet 2. examining the data and performing simple statistical analysis 3. using regression analysis to model and forecast a statistical relationship 4. performing specification and hypothesis testing 5. plotting
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Abstract This Paper examines and compares various forecasting techniques used for qualitative and quantitative business forecasting and their use in Firstlogic Inc.‚ to forecast the demand under conditions of uncertainty. Time series and Delphi forecasting methods are considered for this research to evaluate their ability to make effective decisions regarding the future. Business Forecasting Business forecasting is the process of studying historical performance for the purpose of using the knowledge
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