Business, 04.12.2019 07:31 markmeinberg

At the bluefin bank corporate headquarters, management was discussing the potential of outsourcing the processing of credit card transactions to dataease, an international provider of banking operational services. processing of the transactions at bluefin has been a costly element of the annual profit and loss statement and the continual investment in equipment to keep up to date has been draining capital reserves. based upon initial study and negotiations, dataease will charge $ 0.05 0.05 more per transaction than bluefin's cost per transaction, and dataease will want $ 14 14 million per year to cover equipment and overhead costs associated with the contract. bluefin has yet to develop an estimate for the annual overhead and fixed costs associated with processing the transactions. these costs include supervision, administrative support, maintenance, equipment depreciation, and overhead. if bluefin must process 21 21 million transactions per year, how high must those fixed costs be before it would pay to use dataease? the fixed costs must be higher than $ nothing . (enter your response as an integer.)

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:00

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Answers: 1

Answer

Business, 21.06.2019 21:00

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Answers: 1

Answer

Business, 22.06.2019 19:00

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.

Answers: 2

Answer

Business, 22.06.2019 20:30

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)

Answers: 3

Answer

You know the right answer?

At the bluefin bank corporate headquarters, management was discussing the potential of outsourcing t...

Questions