Answer all.

1. Pet Energy Therapy Association (PETA) treats peoples' pets, and has the following cost structure: Charge per therapy session $100 Variable cost per therapy session $ 20 Fixed costs $100,000 They expect to perform 2,000 two hour session each year (8/day, 5 days/week, 50 weeks/year). A. Construct PETA's profit and loss statement. Profit/Loss $ B. How many sessions must PETA's perform to breakeven? C. To earn a profit of $80,000, how many sessions must they provide this year? D. If there is one fulltime employee, fully booked, who spends one hour on each session (8 sessions per day, 40 per week, 2,000/year), what would we need to assume about the additional sessions needed to earn $100,000? 2 St. Payne Med Center is using the step-down method to allocate costs. They have two support departments (Record Keeping and Cleaning), and two patient service departments (Eye Care and Dental Care). Some of the Record Keeping costs are allocated to Cleaning before the support department costs are allocated to patient service departments. Record Keeping costs are allocated based on the number of employees, while Cleaning costs are allocated by the number or rooms. The following data has been collected: Support Departments Patient Revenue Departments Record Keeping Cleaning Eye Care Dental Care Department Costs $ 13,000 $10,000 $32,000 $60,000 Number of Employees 2 4 3 6 Number of Rooms 1 1 2 3 a. What amount of the Record Keeping is allocated to Cleaning? b. What amount of the Record Keeping is allocated to Eye Care? $ c. What amount of the Record Keeping is allocated to Dental Care? $ d. What amount of the Cleaning is allocated to Eye Care? $ e. What amount of the Cleaning is allocated to Dental Care? $ f. After Allocation, What are Eye Care's total costs? $ g. After Allocation, What are Dental Care's total costs?Assume that you have the basics of financial record keeping down pat. You have a good handle on your personal cash flow and other day-to-day issues, such as expenses (i.e. gas, daycare, groceries, etc.) In some cases, you may need to undertake a fairly detailed financial analysis of your personal financial position because you are to purchase an item wherein you will need a loan (i.e. new car, home improvements, start a business). . How will you determine if you are in the position to financial take on my debt? . What items/documents will you review to determine your financial position? . What tools will you use to analyze and understand your financial position? Please answer all prompts to ensure you get full credit and make sure to support your answer.Question 10 1 pts Traditional Individual Retirement Accounts (IRAs) are taxed: O when you make contributions and again when you make withdrawals. O only when you make contributions. O only when you make withdrawals. O Traditional IRAs are never taxed. Question 11 1 pts The idea that banks hold only a portion of deposits and lend the rest out is called the: Ofractional reserve banking system. O partial banking system. O double-entry bookkeeping system. ) loan-maximization system.Question 9 0.5 pts Economics deals primarily with the concept of if\". scarcity. if\" money. r'a - _ ' poverty. ":7 banking. Question 10 0.5 pts Economics is the study of how society manages its {\"7 limited wants and unlimited resources. '7'.\" unlimited wants and unlimited resources. If\". limited wants and limited resources. '7'\"; unlimited wants and limited resources