Monthly expenses    for  red  orange  event rentals:   Set up costs Rent: Warehouse in Al Qouz: (say 10,000 sqft x 25): 250,000 Water n electricity: (4000 x 12) : 48,000 Trade license :Renewal : 25,000 Sponsorship : 25,000 Visas: 2 year visas (13 x 5000): 65,000 Gym Equipment: 97,151 Fit out cost: 180,000 Staff: Partners:

End of Chapter Answers Chapter 1 1.   Using the rule of 72, approximate the following amounts. (Obj. 1)   a. If the value of land in an area is increasing 6 percent a year, how long will it take for property values to double?   About 12 years (72 / 6)   b. If you

Activity name: Hands-On Math   Age group: 4-5 year olds   Objective(s): (What should the child know or be able to do at the end of the activity? Why are you doing this activity?)   The children should be able to count 1-100. Also be able to add and subtract 1-10.I’m doing this activity to

With your financial calculator, enter the following:   N = 12; I/YR = YTM = 9%; PMT = 0.08 ´ 1,000 = 80; FV = 1000; PV = VB = ? PV = $928.39.   Alternatively,   VB  = $80((1- 1/1.0912)/0.09) + $1,000(1/1.0912) = $928.39   5-2       With your financial calculator, enter the following:  

Assignment 2 Week 2 Chapter 4   4-20 Determine the amount of unadjusted cash balance per Superior Auto Supplies Books. Balance Per Bank on 5/31                                                       8,000 Deposit in transit not recorded by bank                         975 Bank error                                                                                650 Checks written and recorded by Superior Auto Supply not Included in the bank statement                                      385 735

SOLUTION TO CHAPTER 1 1.   Ben Collins plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its approximate value be seven years from now? $65,000 ´ 1.407 = $91,455 2.   Using the rule of 72, approximate the following: a.   If

Group 2 Annual profit in thousands of dollars is given by the function, P(x) = -.1x2 + 50x – 300, where x is the number of items sold, x ≥ 0. describe the meaning of the number -.1 in the formula describe the meaning of the number -300 in the formula find the profit for

ACCT 346 Student Name Bravo Baking Company began operations in May of 2010 with the production and sales of speciality breads. The company has experienced a good market demand for its high protein, low carbohydrate product called “Hi-Lo” Hi-Lo’s success has required that Bravo continue to make only this one product, however, Bravo’s customers, the

CASE 10-2 MINNETONKA WAREHOUSE Question 1: For each of the four work team sizes, calculate the expected number of trucks in the queue waiting to be unloaded. Size of team Number of trucks in queue 2 3.2 3 .5 4 .27 5 .12 Question 2: For each of the four work team sizes, calculate the

Week 4 Homework Solutions: Problem Set 4 1.  Determining Profit or Loss from an Investment.  Three years ago, you purchased 150 shares of IBM stock for $88 a share.  Today, you sold your IBM stock for $103 a share.  For this problem, ignore commissions that would be charged to buy and sell your IBM shares.