LETTUTTO Emma just finished her senior year and scored a local PR intership for the summer before college. The PR fimm
was impressed by her freelance work and has offered her a monthly stipend of $2.100 for three months.
She doesn't normally have any expenses, but her parents are trying to instill smart financial practices. In
addition to receiving a credit card for emergencies only, she'll be expected to pay for her own
transportation cell phone bill, and contribute to an emergency fund. Her public transportation pass is $105
per month Her monthly phone bill averages $35 for her share. And she has decided to save $525. or 25% of
each stipend
Her intership is in full swing, and Emma has her first $2.100 stipend. With $1.435 left to spend after paying her
bils. Emma budgets about 50% for everyday expenses and entertainment, or $718.
A national one-day PR conference and networking event is coming up. Emma's internship is offering her free
admission, but she'l have to pay for the train commute herself, which will total $100. Emma wants to make a
good impression and decides she wants to buy a new dress ($180), blazer ($300), and heels ($129) for the
occasion. She also wants to print business cards ($50). resumes ($20!. and one professional portfolio ($70) to
cony around. She doesn't have enough money in her budget to cover all of the personal and professional
expenses, so she considers either tapping into her emergency fund or using her credit card to cover the costs.
Emma knows this networking event will be a great place to make valuable connections. This is her time to
shine, but she's not sure how to make a lasting impression.
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Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)