subject
Business, 10.03.2020 17:30 Yoosungdid911

GV is a small accounting firm supporting wealthy individuals in their preparation of annual income tax statements. Every December, GV sends out a short survey to its customers, asking for the information required for preparing the tax statements. Based on 50 years of experience, GV categorizes its cases into the following two groups:

• Group 1 (new customers): 20% of cases
• Group 2 (repeat customers): 80% of cases

This year, there are 50 income tax statements arriving each week. In order to prepare the income tax statement, GV has three resources. The activities are carried out by the following three persons:

• An administrative support person that processes every tax statement.
• Senior accountant (who is also the owner): who processes only tax statements for new customers
• Junior accountant: who only processes tax statements for repeat customers.

(a) What is the total demand rate for the administrator?
(b) What is the total demand rate for the senior accountant?
(c) What is the total demand rate for the junior accountant?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
question
Business, 22.06.2019 12:30
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
question
Business, 22.06.2019 19:00
20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.
Answers: 2
question
Business, 23.06.2019 00:00
Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500
Answers: 3
You know the right answer?
GV is a small accounting firm supporting wealthy individuals in their preparation of annual income t...
Questions
question
Computers and Technology, 04.06.2020 00:01
question
Chemistry, 04.06.2020 00:01
question
Mathematics, 04.06.2020 00:01
question
Mathematics, 04.06.2020 00:01
question
Mathematics, 04.06.2020 00:01
question
English, 04.06.2020 00:01
question
Mathematics, 04.06.2020 00:01
Questions on the website: 13722360