• Read the textbook excerpt and use the information to answer the Question 1.2.2 Flowers by Cam
Cam Tran is a sole trader who operates a small florist shop in Forest Hill,
London (UK). Cam arranges and delivers flowers to local hospitals, hotels and
schools mainly in south-east London. From time to time, she also receives
large orders for weddings. She has three school-aged children.
(a) Define the term sole trader.
[2 marks]
aces
ations
(b) Examine the costs and benefits to Cam Tran in operating as a sole
trader.
[6 marks]
Source: photo courtesy of a
Drive
.
Important things to note:

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.