subject
Business, 14.01.2021 01:00 sierracupcake0220

John Doe is a solo lawyer. He has been married for 15 years to a professional helicopter pilot and together they have two children ages 10 and 8 who both play soccer in the local pee-wee league. John’s office is on the same floor as two of his closest professional friends, Bob and Mary. Bob works about 50 hours a week and struggles to take home $75,000 per year “because of the economy”. Mary works half as much and grossed $450,000 last year. John’s stated goals are to net $150,000 per year, working 45 weeks per year while averaging 45 hours per week. He comes to you with the following situation and asks you for guidance, help, coaching and advice on what to do:

It’s July 15th and John’s gross revenue year-to-date is $200,000.

He has $15,000 in a/r and his year-to-date weekly average is 55 hours per week.

John’s book keeper has just informed him that in about 30 days the firm is going to exhaust cash-on-hand.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:30
Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the $1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of $nothing per order (round your response to two decimal place
Answers: 3
question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 22.06.2019 13:10
Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.
Answers: 3
question
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
You know the right answer?
John Doe is a solo lawyer. He has been married for 15 years to a professional helicopter pilot and t...
Questions
question
History, 20.05.2020 19:59
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
question
Mathematics, 20.05.2020 20:57
Questions on the website: 13722367