The equation for facilities cost (fc) as a function of student credit hours is 350000 + .60 per credit hour
<h3>How are facility costs calculated?</h3>
Ongoing operating expenses for the facility consist of property taxes, utilities, site maintenance and landscaping, insurance, and facility maintenance and repair costs. Add up the total amount spent on each expense category to determine its cost. Breaking down building costs reveals how much it really costs to run a business. More importantly, there's information about potential savings. Examples include building and equipment depreciation, operation and maintenance, administrative assistance, library services, and student services.
The variable cost per student credit hour = change in cost/change in credit hours
= [530000 - 500000] / [300000 - 25000]
= 30000 / 50000= $ .60 per credit hour
Fixed cost at highest activity = 530000 - [300000 * 0.6]
= 530000 - 180000
= 350000 Cost function
= 350000 + .60 per credit hour
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Answer:
Answer in this case will be 39 months
Explanation:
In given data estimated negative cash flow from operation is (155,000), this is assumed that there will not be any cash flow from investing or financing activities.
data given for accounts receivable and inventory is irrelevant since both are part of operating cash flow which is already estimated.
there for closing balance at the end of year is $ 500000 divided by negative cash flow of (150,000) equals to months company will able to continue without positive cash flow or additional financing.
Answer:
Anne Mullens committed embezzlement.
Explanation:
Embezzlement is defined as misappropriation of funds by someone with whom funds have been entrusted.
It is a theft as the money does not belong to the perpetrator. The perpetrator is only entrusted with funds.
One of the conditions for embezzlement is an existence of a fiduciary (trust) relationship between parties.
In the given case, Anne Mullens pocketed $57 cash from recorded amount instead of recording 57$ customer's payment via check. Instead she included the customer's check in the money to be taken to bank.
This is embezzlement of funds by Anne.
I think it's freelance but I could be completely wrong
