This was done by employing advanced screening procedures among baggage and passengers. The act also comprises of provisions ordering TSA to make initiatives for enhancing the security of the airport facilities, access controls of computer systems and the workers of the airport. In line with the aggravating situation of terrorist scare, the General Accounting Office […]

The paper states that although China has lost one-fifth of its agricultural land due to environmental degradation and economic development since 1957, still the government has taken the initiative to rectify these damages through reforestation and other methods. Focusing into the economic conditions of the country, we notice that real gross domestic product (GDP) from […]

Market analysis is the major segment of a marketing campaign, especially for a new product. No marketing campaign can yield the desired result if the marketers fail to analyze the market properly. No matter what size the firm, a marketer’s decisions affect—and are affected by—the firm’s other operations. Marketing managers must work with financial and […]

Based on the information provided, the study analyzes the traditional costing method used for financial accounting and the direct costing approach recommended in management accounting. Other methods of appraisal are also reviewed to determine the appropriateness of measure for King Plc.The underlying problem of the management is how to apportion and allocate the overhead costs […]

In reality, different drivers of factory overheads such as machine setups, special storage, unique inspections and special handling drive the cost. Thus, it is difficult to allocate cost to the diverse activities undertaken in meeting the diverse customer demands using a single activity of machine hours consumed.Similarly, containing all the costs incurred in undertaking the […]

Therefore, qualitative researchers apply diverse methodologies and techniques in effort to understand and interpret particular elements in a particular area of focus. Some of the methods applied include primary and secondary methods of collecting information, such as interviews, questionnaires, observations, transcriptions, historical sources and recordings. Other methods including conducting experiments, taking field studies among other […]

This study looks into Starbucks Company buys and roasts the high-quality whole bean coffees and together with other products such as tea beverages, handcrafted coffee, and a number of fresh foods, they are sold by the company via the retail sores operated by Starbucks. The company also produces and sells a variety of beverages that […]

The rationale behind treating this division as discontinued operation and held for sale has been discussed here and reporting of the position of financial statement for such division has been explained. A component of an entity can be considered discontinued operation if it does not have any involvement with the operation of the component after […]

The administration of this Brand Learning Partners includes an operating board comprising six members. Among them are Andy Bird and McEwan who are the Managing Director amp. Founding Partners. The executive team has five members. The Marketing Capability team has around twenty-four staff. There are also two learning directors, six Associate directors and twelve members […]

According to the ACFE 2006 survey, ten percent of reported occupational fraud cases are financial statement fraud. This is not the most common type of occupational fraud but according to the certified fraud examiners (CFEs) it is the most costly. the median loss due to financial statement fraud was $2,000,000 while the median loss for […]

Lecturer: Out of This Furnace by Thomas Bell Out of This Furnace by Thomas Bell is set in Braddock Pennsylvania and was publishedin 1941. Bell talks of steel companies that were present during that time. The novel is based on his family and its generations from 1881, steel workers and their struggles. The steel companies […]

All the players have a critical role in the creation of quality goods and services. For smooth operations among, the players information has to fro to and fro on a timely basis. Human beings differ in thought, and therefore, to harmonize their roles in value creation one has to manage the chain. The critical activities […]

Earlier, in the absence of a fixed set, various organizations followed their own practices framed according to their own convenience. This dissimilarity in the accounting policies resulted in various problems and thus made it imperative to develop and amend the accounting standards after analyzing the international accounting standards and external environmental factors. All the listed […]

Fifty percent, 10 percent, 30 percent and 10 percent of the total U.S unemployment accounts for unemployed persons due to layoff, those who have already quit their previous jobs, those reentering the labor force and new entrants to the labor force respectively. According to the Bureau of labor statistics, the number of unemployed persons in […]

On the contrary, the definition is insufficient to signify violation of individual human rights or to show that he or she has been prosecuted by the state. In that case, if an individual’s case for seeking asylum is not conventional, she or he is not granted with humanitarian protection or decretory leave. There exist various […]

The general manager identified the current hazardous waste disposal produce as an area in which the company could save money. Mr. Hendricks identified equipment that would give the company the capacity to recycle the solvents. He consulted two industry experts to estimate the cost savings the company would obtain by acquiring the equipment. The experts […]

nished object, product or durable object. The focus is more on the activities making up the process of producing something rather than on the ?nished object (Maycroft). In other words, work can be said to be done if a finished product is obtained out of the work. On the other hand, it is not necessary […]

Moreover, they provide balances and checks that are only spotted on calculation errors in the business books, and the also the mismatched entry of items. According to Tyler (2013) found out that audit software aided the auditor in generating models and simulations that are of help to study the financial approach of the business, and […]

Mutual Fund is a professionally managed pool of assets. Assets are collected from many investors. It is then invested in equities, bonds, money market instruments and other investment options. Mutual funds are open-ended or closed-ended investment options. The option to pull back the investment amount anytime is available with the investors. The number of units […]

The Adding Machine by Elmer Rice Elmer Rice’s play, The Adding Machine, is set in a workplace context. The emergence of an adding machine results in an unprecedented conflict between Mr. Zero and his boss. This follows his reaction to the fact that his 25 years of accounting would be replaced by an adding machine […]

Foreign Currency Transactions PART UNIT 2 Determine the eliminating entries necessary for the 20X9 consoli d financial ments Eliminating entries, august 18, 20X9.E (1) outstanding bonds 1,000,000Adam Corp share 80% *1,000,000 = 800, 0000Eliminating Adam Corp 200,000At times, work paper adjustments to accounting data may be needed before appropriate eliminating entries can be accomplished (Copeland, […]

Potential Deliverables in the Arrangement: Homo-Tech Inc. Q1. Hemo identified the five units of equipment, 50 boxes of equipment supplies, installation, one-year monitor and test services, and three-year screen and report services as deliverables in the arrangement. Has Hemo identified all the potential deliverables in the arrangement? If not, what are the other potential deliverables? […]

On the other hand, with frequently growing dependence on the Internet, this technology turns out to be the central infrastructure for the majority of necessary business tasks, as a result making them more susceptible to considerable Internet disturbances. Without a doubt, a variety of security threats and risks exist in all areas of the Internet, […]

A contract between employer and the employee has an Inequality of bargaining power since the employer holds more power to influence the position of the contract.3 The inequality of bargaining power between the employer and the employee necessitates the need for an employment contract to impose the terms of employment and where necessary use it […]

The investment must be done in those opportunities where the NPV value is highest and in this situation spending money on project Alpha will result in highest NPV.The four main investment appraisal technique methods are Payback Period (PP), Accounting Rate of Return (ARR), Net Present Value (NPV) and Internal Rate of Return (IRR). The four […]

Upon the dissolution of the ongoing partnership, the assets are distributed equally. By continuing with the current form of business organization, Barbara, Helen and Maureen will experience various advantages and disadvantages as discussed below.Synergy. By combining their strengths, the three partners have sufficient potential to deal with the business challenges and achieve their objectives. Given […]

The important aspects will help finalize the budget by implementing the budget styles as well as developing alternative strategies and systems for delivering the business products. The last thing to draw is the budget. The other important aspect is obviously a report of the revenues thus expenditure of the past accounting periods in the industry […]

costing methods, Activity Based Costing (ABC), however a little amount of concentration has been provided towards the constraints and problems being faced by organizations. History has witnessed that the performance of organizations is largely challenged by the constraints and these are the factors that have really potential to influence the performance of the organizations. Thanks […]

888). In this paper, though, the context of winner’s curse is in the nature of cost underestimation leading to bids below actual costs in auctions for business contracts, such as construction projects. Winner’s curse refers to the loss incurred in winning a project in an auction, on a bid below actual cost.The chosen article is […]

The paper shows that the company calls itself a leader in sustainability, one of the most important aspects in determining an organization’s commitment to Corporate Social Responsibility (CSR) and good social and environmental reporting. Faithful representation is defined as correspondence or agreement between the accounting measures or descriptions in financial reports and the economic phenomena […]

For example a company may decide to purchase asset or reduce obligations out of its retained earnings. In most cases retained income does reflect the dividend policy of the company because the board will decide either to reinvest such profit or to pay them out to stockholders. The retained earning I taxable at corporate tax […]

This additional expertise distinguishes auditors from accountants.GAAS are ten general guidelines that help auditors carry out their responsibilities. GAAS have: three general standards focusing on competence, independence, and due professional care. three on field work and four on reporting. GAAP on the other hand are specific rules for accounting for transactions in an enterprise. Examples […]

Architecture and Software Development The Phenomenon In Current Accounting Practices That Has Been Dubbed The Earnings Game In The Article By Justin FoxThe term earning game refers to the ways companies have and the measures they take to achieve their quarterly earnings forecasts. This game has no actual beginning or end. The earnings by companies […]

By 1960, Rosenberg founded The International Franchise Association, which today has more than 800 fanchisors and over 30,000 franchisee members, accounting for almost 50% of retail business in the United States (DD-Our Founder, 2008).Today, Dunkin Donuts claims to be the largest coffee and baked goods chain in the world, selling 1.5 billion cups of coffee […]

logical changes, and even environmental changes generate ever new problems and challenges which companies must face in order to continue to operate successfully. For instance, changes in the enforcement and interpretation of tax laws in Europe have had an impact on the operations and viability of such companies in the European continent. The problems are […]

The usually elegant, glossy pages of Annual Reports released by big companies can lead one to believe that the financial statements contained therein are accurate and complete and that they fairly reflect the true financial condition of a company. This impression is all the more bolstered by the discovery that the company’s financial records had […]

the use of Fair Market Accounting as opposed to historical costThe two methods are used to record the price or value of an asset. In historical cost accounting,the assets listed on a company’s…Business

Telecom Company produces a cell phone that sells for $150, and a smart phone that sells for $350. Last year, total overhead costs of $550,000 were allocated based on direct labor hours. Atotal of 12,000 direct labor hours were required last year to build 6,000 cell phones (2 hours per unit), and 10,000 direct labor […]

the first document has 5 questions, whilequot;Amazon vs. eBay which Is the Cheaper Stock to Buy?http://www.forbes.com/sites/greatspeculations/2014/12/19/amazon-vs-ebaywhich-is-the-cheaper-stock-to-buy/#37648ad82e311) Find the last 5…Business

Standard operating procedures and policies are always made available and documented.Therefore, all routine activities are supposed to follow these standard operating procedures. Standard…Managerial Accounting

1. Please based on professional goals, which of these three tools will be of greatest benefit to to amanufacturing company?a. Costingb. Cost analysis modelsc. budgets-operations and flexible2….Managerial Accounting

1. Computation of Relevant cost of filling the Special Sales order. Type of Cost Calculation AmountVariable Manufacturing cost Relevant 16*5800 92,800Variable Selling Cost Fixed Manufacturing…Cost Accounting

a) please teach me to have a better understanding of this business to make budgeting and sales goals decisionsAccording to the Bureau of Labor Statistics (BLS), the median wage for workers in the…Managerial Accounting

Current Designs‘1.Productlon Budget Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Quarter 1 Quarter 2Sales in units A 12,100 22,700 31,300 41,300 1,03,400 1,100 2,700Add: Closing…Managerial Accounting

Government use taxation to generate long term financing for capitasal acquisitionsMicrosoft WordertPage LayoutReferencesMailingsReviewViewDeveloperGovernment use taxation to generate long…Financial Accounting

George Hincapie IncBond issued for$2,000,000Coupon Rate11% per annumInterest payment every 6 months = ( March amp; September )=11%*6/12=5.5%From 1st March 2014 to 1st March 2019= 5 years…Financial Accounting

. The stock could sell on the market for less or more than $1 per share. TRUE This is because the price of the stock well depend on the investment community analysisAnd perceptions about the…Financial Accounting

I need to calculate the equivalent units ofPLEASE USE THIS FORMAT BELOW:EQUIVALENT UNIT OF PRODUCTION : WEIGHTED AVERAGEUNITS% MATERIALEUP-MATERIALS % CONVERSION EUP-CONVERSIONCOMPLETED AND TRANSFERRED XXX100% XXXX100% XXXXADD EUP…Cost Accounting

Sentra Inc.2) Sentra Inc. manufactures three types of graphic calculators: Super Deluxe, Deluxe and Regular.The budgeted data for the last quarter are given below:Selling priceVariable costContributionSales volume inper unitmargin per unitunitsSuper Deluxe$373$181$19210,215Deluxe27010017038,817Regular140806053,118Actual operating data for the last quarter are given below:Selling priceVariable costContributionSales volume inper unitmargin per unitunitsSuper Deluxe$370$175$19512,360Deluxe2809618442,230Regular110763448,410Required:a) Compute the actual and budgeted contribution […]

CChapter 6 Accounting for Inventp6-5A. Inventory Turnover and Days’ Sales in Inventory The Southern Corporation installed a new in- LOventory management system at the beginning of 2018. Shown below are data from the company’saccounting records as reported by the new system:20182019Sales revenue. . .Cost of goods sold .$19,000,000$20,000,000Beginning inventory8,600,0009,200,000Ending inventory . . ..2,500,0002,530,0002,530,0002,600,000Calculate the company’s […]

10. You have been offered the opportunity to purchase a non-callable bond with a $100 annual coupon ata market rate of 7% that matures in 15 years. What is the most you should pay for this bond? What is the current price of a bond with an 8% semiannual coupon at a market rate of […]

I ) which costs are Referant to Brad’s Decision to purchasea new larger Boat?. fuel cost. Insurance Premium last. Docks Fees (annual ). Repairs up Maintenance (annual ). fishing Tackle of…Managerial Accounting

Product costs Per unit t$!Direct material 100.0044.50 Variable manufacturing overhead 2.30Fixed manufacturing overhead 5.00 Variable selling expenses 1.70 Fixed selling expenses 3.50 $157.00\ Managerial Accounting

Slow to Change Company has decided to computerize its accounting system. TheNPV of Lease alternativeYearCash FlowsPVF 16%Present Value0S(5,000.00)1(5,000.00)1S(5,000.00)0.86207S(4,310.35)2S(5,000.00)0.74316S(3,715.80)NPV S(13,026.15)NPV of Purchase…Managerial Accounting

TheySales ($2000 * 350)S700,000.00Less: Labor and material cost ($750 *350)S262,500.00Less: Fixed costsS150,000.00Less: Depreciation ($750,000 / 5)S150,000.00Income before taxS137,500.00…Financial Accounting

(1) Identify thecustomercontract(s)(5) Recognizerevenue when (or(2) Identify theas) entity satisfies aseparateperformanceperformanceobligationobligations in thecontract(4) Allocate…Financial Accounting

The Trial Balance of Hong Ann Sdn Bhd as at 31 December 2019 is given below.Hong Ann Sdn. Bhd.Trial Balance as at 31 December 2019DebitCreditRM’000RM’000Accumulated Depreciation:BuildingsNCA15,000Furniture and Fittings2,500Motor Vehicles5,000Accounts Payable10,000Accounts Receivable27,475General Expenses14,825Staff Salaries:Sales and Distribution Department5,950Administrative Department17,500Delivery Expenses3,500Bank Overdraft3,500Buildings150,000Long-Term Mortgage Payable100,000Interest from Investments8,750Freight Inwards750Commission to Distributor500Furniture and Fittings at Cost12,500Directors’ Fees1,000Interest on Mortgage and Bank […]

MANUFACTURING OVERHEAD DISTRIBUTION WORSHEET (DIRECT METHOD) SERVICE DEPARTMENTS OPERATING DEPARTMENT TOTALInformation Computer Information SystemPARTICULARS Basis ofAIIocation systems Facilities…Cost Accounting

Question 48(6 CALCULATION OF COST OF EQUIPMENT 5Q1. INVIOCE PRICE 90,000FREIGHT COSTS 1,400INSURANCE WHILE EQUIPMENT WAS IN TRANSIT 1,200MATERIAL AND LABOR COST ON TESTING 2,000IMPORT DUTIES flINITIAL…Financial Accounting

er cost sheets.following:counting procedures described in the first paragraph of the problem, do theRecord general journal entries for all transactions. Note that general journal entries are notrequired in transactions 3 and 7. Post only those portions of these entries affecting the general ledger accounts set up in requirement (a).Enter the applicable amounts directly on the […]

Financial Accounting CompleteExercises BE 5-1SolutionSales Revenue COGS Gross Profit Operating expense Net Income $ 71,200 (b) $ 41,200 $ 30,000 (d) $ 17,900 $ 12,100 $ 108,000 $ 70,000 (c) $ 38,000 (e) $ 8,500 $ 29,500 (a) $ 181,500…Business

Part 1 on Topic 31. Cost of acquisition of the machine.Purchase cost=$500,000Transportation cost=$10,000Installation cost=$40,000Maintenance for first year=$5000Therefore, the cost of the…Financial Accounting

I would like to have someonePoints of corrections1.Acid test ratio = liquid assets/ current liabilitiesLiquid assets= current assets –inventory- prepaid expense=(13757-1595) =12162Acid test ratio=12162/12088= 1.01 Business

;Page 1 of 2 ACCT 607 Name_____________________ Applied Case Assignment #2(Chapters 2 and 3) Refer to the financial statements included in McCormick ampamp Company,Incorporated’s (NYSE: MKC…Business

Determine whether each of the following actions in buying. selling. and accounting for inventories is ethical or unethical. Give your reason for each answer.0 (Click the icon to view the actions.) 1. In applying the lower-of—cost—and-net—realizable-value rule to inventories, Terre Haute Industries recorded an excessively low net realizable value for its ending inventory. This allowed […]

On September 18th, 2015, world’s leading vehicle manufacturing company Volkswagenwas hit by a major scandal popularly known as the Volkswagen emissions scandal. The companywas summoned a notice…Managerial Accounting

Sentra Inc. manufactures three types of graphic calculators: Super Deluxe, Deluxe and Regular. TheSOLUTIONCalculations of variances are given below:BUDGETEDACTUALSuper DeluxeDeluxeRegularSuper DeluxeDeluxeRegularSales Volume102153881753118123604232048410Selling Price per unit…Cost Accounting

XYZ has been informed by its investment dealer, that bonds of equala} Cost of DebtYield*[1 – Tax}- 14*[1—0.4} 3.4 b} Cost of Preferred stockDividend g x 100Preferred Stock 55 10.91 c} Cost of Equity w + Growth rate Market Price2. 83+ 0. 094914. 77 d}…Financial Accounting

1,000 – 1250word paperon the following topic: Describe the Running head: MANAGERIAL ACCOUNTING IN CONTEMPORARY BUSINESS Managerial Accounting in Contemporary BusinessNameInstitution 1 MANAGERIAL ACCOUNTING IN CONTEMPORARY BUSINESSManagerial Accounting…Business

10/30/2016 Solved: The computer workstation furniture manufacturing that S… | Chegg.com home / study / business / accounting theory / accounting theory textbook solutions / fundamental accounting… Business

ENTERTAINMENTNOW.COM Schedule of Planned versus Actual Operating Result Revenue $ Plan473,280,000 COGS $ 359,692,800 Gross Profit $ 113,587,200 FullfillmentMarketingTechnology amp; content…Managerial Accounting

$12,000 of office equipment in theNew.xIsx – Microsoft ExcelHomeInsertPage LayoutFormulasDataReviewView0 – Xto CutCalibriWrap TextEn Copy– 11 – A AGeneralE AutoSum –FillPasteFormat PainterBIUBLAMerge amp;…Financial Accounting

Sorrentino Industries manufactures a variety of custom products. The company Expected usage and costs for manufacturing overhead activities for the upcominghas traditionally used a plantwide manufacturing overhead rate based on machine year are as follows: hours to allocate manufacturing overhead to its products. The company estimates a (Click the icon to view the expected usage […]

TITLE:- BREAK EVEN POINT ANALYSISAndRELATED CASE STUDY Before understanding the concept of breakeven point let us first understand COST VOLUME PROFITANALYSIS because managers often use break…Managerial Accounting

Frances Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incurmanufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and theirallocation bases are as follows:(Click the icon to view the budgeted costs and activity […]

ANE HUDSON is the CEO of ISS Australia, a company that prsecurity, catering and maintenance. Hudson says ISS does not outsourquality staff who deliver innovative solutions and quality serviccontractors. Staff are permanent employees. They receive inductiassistance and are encouraged to pursue a career in the company.people across Australia to work in facilities as diverse amsettings. […]

(1}[2}(3} (4) –(5} ‘ (5}m{3} {91{10} $2,430 ‘+’ s? see 4}quot; seen + some $300 + 35,000 + $10.00!] + $3.200-+2300 – 1 . +2,ooo H.500 _ .—300 4004’50 +750 —2.500 —2.500 ______________—_______.____..___——-—————— Required .a. Show that assets equal liabilities plus stockholders’ equity as of May 1. b. Describe the :1th transaction indicated by each […]

Company is considering building a new factory in Largo, Maryland. James Francis, a landowner, isACComputation of Future valueOffer 1Offer 23PV300000044240004Time (Nper5Interest Rate12%12%6PMT00Future Value$ 33,60.000$49,54,880Financial Accounting

Question Every network is different. However, common security principles apply to any network, regardless of its unique elements. One of these common principles is secure network design. Secure network design embeds core protections and improvements into an IT infrastructure before it is implemented. Design comes from planning. Planning comes from sufficient knowledge and understanding. Based […]

Submit your reflection paper on or beforeRunning head: MANAGERIAL ACCOUNTING MANAGERIAL ACCOUNTINGStudent nameCourse nameJuly 29, 2016 1 MANAGERIAL ACCOUNTING 2Managerial Accounting Introduction of managerial accountingManagerial…Business

Ch. 11 amp 12 ofFinancial Accounting CompleteExercises E11-15, E12-1, amp AnswersE11- 15BeforeActionStockholders’ equityPaid-in capitalCommon stockIn excess of par valueTotal paid-in capitalRetained earningsTotal stockholders’equityOutstanding sharesBook…

ACT 5140 – Accounting for Decision Makers HW #1 – Appendix Ratio analysisRatio Analysis is one of the most important analysis technique which is used to analyse thefinancials of the company from different perspectives. Different ratios of Home Depot has…Business

17. In 20XX, James Wang loans $100,000 to his partnership, the LeeSon limitedA. Interest Expense$ 9, 000Cash$ 9, 000B. Interest Expense$9, 000James Wang , Capital$9, 000C. Operating Expense$ 9, 000James Wang , Capital$ 9, 000D. Operating Expense$9, 000Long – Term Liability$9, 000Financial Accounting

EXHIBIT 8: COMPETITOR COMPANY DATA (IN US$ MILLIONS, FOR FISCAL YEAR ENDINGDECEMBER 2016 / JANUARY 2017)CompanyDillard’sKOHL’SMacy’sNordstromInc.Corp.Inc.Inc.AmazonInventory1,3754.0385,5061,94511,461Current Assets1,6695,0767,6523,01445,781Total Assets3.86613,60620.5767,69883,420Current Liability7512,7145,7282,91143,816Total Liability2.0708,11516,3266 82764,117Revenue6,75519.20427.07914.437135,987Gross Profit2.4046,93910,5835,26965,932Operating Profit4571,5532,0391,1014,186Net Profit2696731,0726002,371Source: Created by the case authors with information from quot;Dillard’s Inc. DOS: Income Statement,quot; Momingstar, accessedMarch 20. 2018, https:/financials.morningstar.com/income statementis.html71=0P000001085culture=en-USamp;platform=sal;quot;Kohl’s Corp KKS: Income Statement,quot; Momingstar, accessed March 20, 2018, https //financials.momingstar.comincomestatementis.html?t-OP0000035Zamp;culture=en-USamp;platform=sal; quot;Macy’s […]

Question 1: Give two examples of when legal accounting conduct might beunethical – describe how you might manage this in your organisation, if youremployees were found engaging in such conduct….Business

Answer1a) Dallas Inc.Operating StatementActualsUnitsSales RevenueVariable costsContribution MarginFixed CostsOperating Income b) a) 14,000308,000126,000182,00065,000117,000 Budget…Managerial Accounting

Question three: prepare adjustment entries for the year endedDecember 31, for each of these separate situation.a- Prepaid insurance has a debit balance of 6,000 $, the insurance policypurchased on 14 July to cover 2 years.b- The office supplies has debit balance of 3,000 $ at the beginning of theyear, during the year purchase 6,000 $, […]

Accounting.1 Accounting (Students Affiliation) (Name of the Professor) (Date) Accounting.2 AccountingAccounting being majorly the study of how businesses track their income and assets over a…Business

Question What is a use of managerial accounting when reviewing accounting reports? – Determining the selling price of products – Updating government agencies – Reporting earnings to shareholders – Providing updates to creditors Finance

Question On June 30, 2019, when Smith Company’s stock was selling at $65 per share, its capital accounts were as follows: Capital stock (par value $50; 80,000 shares issued) $4,000,000 Paid-in capital in excess of par 600,000 Retained earnings 4,200,000 If a 100% stock dividend were declared and distributed, capital stock would be: a. $4,000,000. […]

Question please show work for following problems: A firm has $100 of average inventory, operating profit of $500 and sales of $1,500. What will be its days in inventory? 36.5 days 24.3 days 73.0 days Not enough information Which of the following assumptions regarding investor behavior are required by the CAPM? I. Investors try to […]

Question Hi If you please help me by explaining the question. Thanks The 2017 statement of financial position of Roger’s Tennis Shop Inc. showed long-term debt of $2.3 million, and the 2018 statement of financial position showed long-term debt of $2.55 million. The 2018 statement of comprehensive income showed an interest expense of $190,000. What […]

Question The 90 day bank bill rate is quoted as 5.2 in the financial press. What is the correct cost of capital kbb to be used in the WACC calculation. Express as a number accurate to four places (to the nearest basis point) Please show me how to calculate this! Thank you! Managerial Accounting

Please follow the same format ofWorld Wide Drugs Limited Students name:University affiliation:Date due: MemoTo: The Executive Committee From: Student consultantDate: 13/09/2016Re: Proposal for a new product Attached below is…Business

Question Suppose a firm’s operating cash flows is estimated to be $10 million, its fixed capital investment is at $2.5 million, and its investment in net working capital is currently at $1.0 million. Its long-term debt is $100 million in total and the most recent debt issuance had the YTM of 4.5%. Its stock is […]

Question Question 2 Using real options in a risk environment can be beneficial if the enterprise need to make decisions on switching or acquiring multiple suppliers. Ericsson and Nokia had different approaches in managing risk, which led to different outcomes during a business interruption event at a major supplier. a. Explain the difference between risk […]

Question I am completely stuck on the break even analysis. I need help with the below question. Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling […]

Question Assume you are the division controller for Browning’s Cookie Company. Browning’s has introduced a new chocolate chip cookie called Full of Browning’s, and it was a success. As a result, the product manager responsible for the launch of this new cookie was promoted to division vice president and became your boss. A new product […]

Question What is meant by classifying a unit as an investment center vs. a cost or profit center? Discuss how each of the following tools, individually and/or collectively, can and should be used to evaluate managers of such investment center individual divisions of a large organization: ROI, EVA, and the Balanced Scorecard. (Hint: discuss how […]

Question Mertz Chemical has three divisions. Its consumer product division faces strong competition from companies overseas. During its recent teleconference, Ryan Peterson, the consumer product division manager, reported that his division’s sales for the current year were below its break-even point. However, when the division’s annual reports were received, Billie Mertz, the company president, was […]

Question CORBIN COMPANY Income Statement For the Years Ended December 31 2015 2014 Net sales (all on account) $595,000 $520,000 Expenses Cost of goods sold 415,000 354,000 Selling and administrative 120,800 114,800 Interest expense 7,800 6,000 Income tax expense 15,000 14,000 Total expenses 558,600 488,800 Net income $ 36,400 $ 31,200 CORBIN COMPANY Balance Sheets […]

Question The county hospital is planning to purchase a new piece of medical equipment with the list price 3,000,000 the medical equipment with a list price 3,000,000, the medical equipment supplier has been experiencing low sales volume due to the recession and is currently offering special pricing to boost sales, the medical equipment supplier provide […]

Question What are the different types of leases? What is the difference between a finance lease and an operating lease. BasisFinance LeaseOperating leaseAt the end of the lease period1. Ownershiplessee have an option to become Ownership with the lessorownerSince ownership will remain2. Risk amp; RewardsIn…Financial Accounting

Question KatyDid Clothes has a $20 million (face value) 30 year bond issue selling for 104 percent of par that carries a coupon rate of 11percent, paid semiannually. What would be Katydid’s before tax component cost of debt? Managerial Accounting

Question I really need help with this example to understand how to solve future problems: Brady Self Storage purchased​ land, paying $ 190,000 cash as a down payment and signing a $180,000 note payable for the balance. Brady also had to pay delinquent property tax of $ 5,500​, title insurance costing $ 4 ,000​, and […]

gt Now as most of you know, for several years 00:18gtgt the company has treated all the Question 00:16 Now as most of you know, for several years 00:18 the company has treated all the employees 00:20 to a Thanksgiving meal in the cafeteria 00:23 the Wednesday before Thanksgiving. 00:25 It’s quite the production. 00:27 […]

Question How to record this intra-group transaction and why?(Topic in financial accounting, consolidation worksheet) On 1 January 2018, Son Ltd acquired furniture for $70,000 from Parent Ltd. The furniture had originally cost Parent Ltd $100,000 and had a carrying amount at the time of sale of $80,000. The sale was made on credit and, at […]

Question Tide water home health care inc. has a bond issue outstanding , with eight years remains until maturity a coupon rate of 10%but with interest pad annually and a par value of 1, 000.00 he current market, the current market of the bond $1, 251.22, What is the bon yield to maturity, the bond […]

Hi, can you please help me with discussion assignment as follows: Reflecting onCHANGE IMPORTANT CHALLENGE FACING THE ACCOUNTING DEPARTMENT OFORGANIZATIONS TODAYAccountants go on to express frustration concerning change. First and foremost, practitioners arebothered by…Business

Question How do various budgets interact with each other – example could be the cash budget and the sales and purchases budget or the capital budget and the cash budget and the budgeted balance sheet? How can we use budgets to create set of pro-forma financial statements to serve as targets for management and investors […]

Question Mack Fuels produces a gasoline additive. The standard costs and input for a 500-liter batch of the additive are presented below. Chemical Standard Input Quantity in Liters Standard Cost per Liter Total Cost Echol 200 $ .200 $ 40.00 Protex 100 .425 42.50 Benz 250 .150 37.50 CT-40 50 .300 15.00 Totals 600 $ […]

1. As Fitzapatrick is looking at Promotion next year, we analyse the impact of replacementdecision for next 1 year as below.Annual Dep of old machine = 150,000/(3+2) = 30,000Annual dep of New…Business

Question Assume that at the end of 2018, Clampett, Inc. (an S corporation) distributes long-term capital gain property (fair market value of $40,000, basis of $25,000) to each of its four equal shareholders (aggregate distribution of $160,000). At the time of the distribution, Clampett, Inc. has no corporate EP and J. D. has a basis […]

Question Pay period The Ball Shoe Company is considering an investment project that requires an initial investment of $545,000 and returns after tax cash inflows of $79,669 per year for 10 year. The firm has a maximum acceptable payback period of 8 years. a. Determine the payback period for this project. b.Should the company accept […]

Year 1 Year 2 Year 3 Year 4 Question Sales and Cash collection 0 374276250 412913378.3 434115108.2 455600366.1 Estimate the Purchase and Disbursements Schedules for four years based on the following assumptions: • Unit Sales Price is a 40% markup on the Unit Cost of Goods Sold. • You plan to hold Inventories equal to […]

You want to be assured that you can provide yourself with annual cash Question Assume you expect to retire in 30 years. You want to be assured that you can provide yourself with annual cash flows of $70,000 at the end of each year after retirement. You plan to receive those cash flows for 25 […]

Ellison company just issued a bond with 15% Question Hello, Please help me with this: Ellison company just issued a bond with 15% annual coupon interest rate on a $1,000 par value bond with 15 years left to maturity. Bonds of same maturity now sell to yield 13% return (a) How much would you be […]

Question Calculating of Individual costs and WACC Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital. The weighted average cost is to be measured by using the following weights: 40% long-term debt, 20% preferred stock, and 40% common […]

The selling price per unit is $100.Production costs include the Question Roland Company produces a single product. The selling price per unit is $100. Production costs include the following: Direct material per unit $15 Direct labor per unit 20 Variable manufacturing overhead per unit 3 Fixed manufacturing overhead for the year $150,000 The company also […]

Question $-60,000 Cash flow to shareholders$415,000 Suppose you also know that the firm’s net capital spending for 2018 was $1,300,000, and that the firm reduced its net working capital investment by $55,000. What was the firm’s 2018 operating cash flow, or OCF? Financial Accounting

Question FAU You are the Director of Finance for ABC Hospital and you were asked by department supervisors in finance and accounting to discuss and address the staff on the following: The impact of what would happen financially to the organization over time if its prices were set at full costs and the impact of […]

(18 points) Use the following information to find the weighted average Question Problem IV (18 points) Use the following information to find the weighted average cost of capital. Perry Corporation can issue bonds at a market rate of interest of 10%. The tax rate for Perry is 40%. Preferred stock with annual dividends of $10 […]

Accounting Name of the Institution:Students Name:Professor:Date of Submission: Accounting Question 1D) The fair value through profit or loss method is used for strategic investments. Question…Business

A team’s performance can be evaluated at the A. individual level and Question 1. A team’s performance can be evaluated at the A. individual level and department level. B. team level and department level. C. individual level and team level. D. team level and company level. 2. Which of the following takes a big-picture perspective […]

Question How do I solve this problem? When I enter it into excel I get the answer 6.51 which isn’t close to the correct answer. Please help What is the value of a bond that has a par value of $1,000, a coupon rate of 8.01 percent (paid annually), and that matures in 11 years? […]

Question opportunity. An entrepreneur asks for $100,000 to purchase a diagnostic machine for a healthcare facility. The entrepreneur hopes to maintain as much equity in the company, yet the Angel Investor requires the transaction to be financed with 60% debt and 40% equity. As the Angel Investor, you assign a cost of equity of 16% […]

Question Excel formula to calculate the following problem: using semi-annual compounding, what is the price of a 5 percent coupon bond with 10 years left to maturity and a market interest rate of 7.2%, interest rates are paid semi-annually and par value is 1000.00 Financial Accounting

Question The Vinny Cartier Company issued bonds at $1,000 per bond. The bonds had a 25-year life when issued, with semiannual payments at the then annual rate of 12 percent. This return was in line with required returns by bondholders at that point, as described below: Real rate of return5% Inflation premium4% Risk premium3% Total […]

Question edward gives a check to fund investments to buy 100 shares of stock in gr8 tech tech corporation. the price of the shares is contantly fluctauting. fund investment ask edward to leave the amount of the check blank and allow it to fill the price when making the purchase. edward agree. funds investments buys […]

T expects 1100 units to be sold during the month of August 2020. Selling price is expected to be Question Theingi M T expects 1100 units to be sold during the month of August 2020. Selling price is expected to be $240 per unit. Two pounds of direct materials are budgeted per unit at a […]

Question City Farm Insurance has collection centers across the country to speed up collections. The company also makes its disbursements from remote disbursement centers, so the firm’s checks will take longer to clear the bank. Collection time has been reduced by two and one-half days and disbursement time increased by two days because of these […]

Question A farmer makes $10 per acre in accounting profits from raising corn. She could have made $5 per acre raising hops or $3 per acre raising wheat. What is the opportunity cost of raising corn? Economics

Question Pepper Products uses a job costing system. The company applies manufacturing overhead using a predetermined rate based on direct materials. The following debits (credits) appeared in Work-in-Process for April. April 1 Balance ??? For the month Direct materials $42,000 For the month Direct labor 44,000 For the month Manufacturing overhead 147,000 For the month […]

Question I need help with a problem The ledger of American Company has the following work in process account. Work in Process-Painting 5/1 Balance 3,8905/31 Transferred out ? 5/31 Materials 5,510 5/31 Labor 3,630 5/31 Overhead 1,480 5/31 Balance ? Production records show that there were 560 units in the beginning inventory, 30% complete, 1,770 […]

Question Question 3 (10 marks) MP Ltd acquired 80% of TB Ltd for $160 million on 20/09/15. At this time Fair Value of consideration was: Share Capital: 75,000,000 Retained Earnings 22,200,000 General Reserves 72,800,000 On 31/3/16, MP Ltd acquired a further 7.5% for $13,000,000. Required: a) Prepare journal entries to recognise the acquisition on 20/09/15 […]

Question Which of the following explains the difference between price risk and reinvestment risk? Group of answer choices Price risk is positively correlated to maturity, reinvestment risk is inversely correlated. For corporate planning, a bond’s price risk is a bigger concern than its reinvestment risk. All of these answers. Price risk is positively correlated to […]

Question Janine post has recommended that her department not be charged for new labels that are more elaborate because they are more expensive than in previous years. the new labels where designed as a tie in for the marketing and advertising campaign. post recommends the cost be charged to advertising expenses . this would result […]

Question (a) The Valaria V Company manufactures and distributes low-priced bottled wines to retailers. You are hired as a management consultant to help this company solve some of its systems problems. Describe the types of decision-making information that probably would be needed by the company’s (a) supervisor of the production plant, (b) top management, and […]

Question Sometimes, we don’t need to have management accounting. Or we don’t need very advanced management accounting. Critically examine in which form or stage companies are using management accounting in fiji? Business

Question A financial manager striving to maximize shareholder value will focus on all of the following except: the riskiness of cash flows. the net income from investment. expected cash flows from investment. protecting the firm’s reputation. the timing of cash flows. Financial Accounting

Question Sue Smith is the owner and operator of Smith Enterprise, a motivational consulting business. At the end of its accounting period, December 31, 2009, Smith Enterprise has assets of $760,000 and liabilities of 240,000. How much is Sue Smith, capital, as of December 31, 2010, assuming that assets increased by $100,000 and liabilities decreased […]

Question Question 2 (with Taxes) Harris Solutions expects to have free cash flow in the coming year of $1.75 million, and its free cash flow is expected to grow at a rate of 3.5% per year thereafter. Harris Solutions has an equity cost of capital of 12% and a debt cost of capital of 7%, […]

Question What is the journal entry for the following below? Invested 30,000 cash and equipment valued at 14,000 in the business. Hired administrative assistant at a salary of 290 per week payable monthly. Purchased supplies on account for 700. Paid office rent 600 for the month. Completed a tax assignment and billed client 1100 for […]

Question Financial accounting 19) In an annual report, Craftmade International, Inc., describes its inventory accounting policies as follows: Inventories are stated at the lower-of-cost-or-net-realizable value, with inventory cost determined using the first-in, first-out (FIFO) method. The cost of inventory includes freight-in and duties on imported goods. Also in an annual report, Kaiser Aluminum Corporation made […]

Question ? Accounting 1- Answers . Microsoft ExcelO XFileHomeInsert Page Layout Formulas Data Review ViewA – 5 Xdo CutCalibri11 AN Wrap TextGeneralCopyE Autosum . APasteFormat PainterBLU B. Q A….Managerial Accounting

Question Question 4 To expand its operation in Ontario, the Dundar Mifflin has applied for a $3,500,000 loan from the TD Bank. According to Dundar Mifflin financial analyst, the company can only afford a maximum yearly loan payment of $1,000,000. The bank has offered Dundar Mifflin the following: Option 1: 3 year loan with an […]

managementaccounting profession has made a quantum leap. Over the past 10 Question The management accounting profession has made a quantum leap. Over the past 10 years, management accountants have been transformed from bean counters and corporate cops on the periphery of business decision making to business partners and valued team members at the very center […]

Systems development $29,000 Final Question Units sold 8,600 1. Assume the unit standard costs data for the beginning and ending inventories remained constant during the period. What was the total standard cost of the ending inventory under absorption costing? Managerial Accounting

Part 1 ­ Case: Sally’s Ice Cream ParlourSally Barnes a third year Accounting student finished her exams early from York University this year and went back home to Huntsville Ontario to look for…Business

Ch. 9 ofFinancial Accounting CompleteExercises E9-1,E9-7, amp E9-1 A. When determining the acquisition cost of plant assets we must apply the application of the cost principal toensure the organization is reporting accurate, reliable, and consistent…Business

Question The following expenditures relating to PPE assets were made by Sunny Ltd during the first 2 months of 2017: 1. Paid $6000 of accrued land taxes at time factory site was acquired. 2. Paid $750 airconditioning on new delivery truck. 3. Paid $18 000 for parking lots and driveways on new factory site. 4. […]

A linen manufacturer is looking to introduce a quality line of sheet sets to be sold to mass merchants Question 1. A linen manufacturer is looking to introduce a quality line of sheet sets to be sold to mass merchants such as the Real Canadian Superstore, Walmart, and so on. Market research indicates that consumers […]

Question Question #1 Discuss how the bond market reacts when the Federal Reserve increases short term interest rates. How do short-term versus long-term bond prices react? How do Treasury bonds versus corporate bonds behave? Question #2 You have been offered the opportunity to get in on a once-in-a-lifetime investment. The returns will be very high, and […]

On August 1, Lola Company’s assets are $33,000 and its Question c. On August 1, Lola Company’s assets are $33,000 and itsRe:pl Pro G ph O Pec| ME|C 10|M (no ) s; C Sol G OnX M M M MI b. +Cnewconnect.mheducation.com/flow/connect.htmlADessUH Bb Blackboard Learn s…PreCalc Exam Flash..Remove BackgrounP Profile …. Ji 12 class esHomework […]

Question Looking for help with this question. I have already input the information, but am looking for verification. Thank you, The City of Yuma, Arizona accounts for debt service related to its $10,000,000 face value, 5% general obligation term bonds, issued July 1, 2019, in a debt service fund. The city’s accounting year ends on […]

Question 1. Suppose a foundation invested 1000 dollars in the stock market in 1870. Accounting for inflation, what would have been the dollar value of this investment in September 2019? A. 2850 dollars. B. 7660 dollars. C. 19,500 dollars. D. 19,500,000 dollars. 2. Which of the following is an arbitrage opportunity? A. Two stocks, one […]

Question I don’t know how make this formula in Excel somebody can help with this homework. Thank you! Part a) The amount of annual investment can be calculated with the use of PMT (Payment) function/formula of EXCEL. The function/formula for PMT is PMT(Rate,Nper,PV,FV) where Rate = Interest Rate (here, Rate of Return on Mutual Funds), […]

(TCO 2) Manufacturing overhead is allocated on the basis of(Points : 7) AnswersPage 1Question 1.1. (TCO 1)Managerial Accounting is primarily concerned with providing information to external users, whereasFinancial Accounting is concerned with providing information…Business

What are Question Describe the differences between job order costing, process costing, and Activity Based Costing (ABC). What are the advantages and disadvantages of each system? Imagine a company that you might be a manager for. Describe that company and what their major product or service would be. Then, tell which cost system would be […]

As a business owner, would you prefer to invest in long Question What are the three reasons that companies invest? As a business owner, would you prefer to invest in long or short-term investments? Please explain. Discuss your choice Financial Accounting

Question Paris Company acquired on July 15, 2018, 400 shares of Rome Company $720 par value capital stock at $698.40 per share plus a broker’s commission of $1,728. On August 1, 2018, Paris Company received a cash dividend of $8.64 per share. On November 3, 2018, it sold 200 of these shares at $756 per […]

Question Can a company that invests in projects on which the returns are lower than its cost of capital continue to obtain resources through cash flow? Through debt? Through capital increases? Financial Accounting

Question I have put in bold the items that I chose. Question 2. A county receives $10,000,000 from a private foundation. The foundation specifics that the $10,000,000 must be used for county park maintenance. The county reports activities related to this contribution in a special revenue fund. During the year, the county spends $1,000,000 on […]

Question Below is the discussion post – I am still not understanding what is meant by maximizing contribution margin per unit: Managers often try to maximize the contribution margin per unit of a particular resource that limits output capacity. The following are five familiar types of business. Small medical or dental practice Restaurant Supermarket Builder […]

Question Valade Company produces two products, J and K. Estimates costs are presented below for a year in which 10,000 units of each product are expected to be sold: An annual profit of $280,000 for the whole company is considered satisfactory. The company uses the same profit margin ( as a percentage of costs) to […]

Question Bell Manufacturing is considering investment in one of two mutually exclusive projects X and Y which are described below. Bell Manufacturing’s overall cost of capital is 5 percent, the market return is 9 percent and the risk-free rate is 1 percent. Bell estimates that the beta for project X is 1.20 and the beta […]

Question 71’000 I need to use this information for the preparation of a statement of cash flows. In this regard, it is required to include a proper heading for the financial statement, and classify the given information into the categories of operating activities, investing activities, and financing activities. I also need to determine net cash […]

ulgtltligtA bond of Boston Scientific Corp is trading at 113.22, pays a coupon rate of 6.250%, and Question ulliA bond of Boston Scientific Corp is trading at 113.22, pays a coupon rate of 6.250%, and matures in three semesters. Using the bond yield calculator, its yield to maturity is found to be _______./liliLike other bonds, […]

Question What is the formula for the Yield to Maturity of a bond? A corporation’s bonds currently sell for $1,115 and have 17 years to maturity. The annual coupon rate is 9.25 percent, and the par value of the bonds is $1,000. Interest is paid annually. The bonds’ yield to maturity is equal to ___? […]

hoose aConsidering the clothing manufacturing company.Variance can be termed as the deviation of actual costs from standard costs. Material pricevariance occurs when there is a difference in the actual…Cost Accounting

Question Corporation A receives a dividend from Corporation B. It includes the dividend in gross income for tax purposes but includes a pro-rata portion of B’s earnings in its financial accounting income. If A has accounted for the dividend correctly (using the general rule), how much of B’s stock does A own? Multiple Choice A […]

Question Hi could someone please help me with this review question? Could you show the answer as well as the steps to get it. Thank you! 7. A bond is currently selling at 1.15 on its par value of $1,000. This bond has a maturity of 15 years and a coupon rate of 5%, payable […]

Question Hi. I see that if I ask a question, I will get three unlocks. So it will be an easy one. Right now I am taking Financial Accounting. Next semester will be Managerial Accounting. Will it be a big difference in the course information? Business

Question I need to know which ones are either Financial Accounting, Managerial, and tax accounting Many accounting professionals work in one of the following three areas.A. Financial accountingIt. Managerial accountingC. Tox accountingIdentity the area of becounting that Is most involved in each of the following responsibilitiesResponsibilitiesArea of AccountingPreparing edema Inangad ElementArlyring andonad Bringal regardsInminging LastaugParigatingFinancial […]

Cardinaels, E. (2014). The Question Answer the question based on the following article: Bruynseels, L. M. ., Cardinaels, E. (2014). The audit committee: Management watchdog or personal friend of the CEO? The Accounting Review, 89(1), 113-145 https://feb.kuleuven.be/drc/researchnewsletter/2013_12/bruynseels-cardinaels.pdf 1. Identify the main theme of the reading 2. Contextualise the reading (the facts and circumstances) within business […]

Question How can the concepts of managerial accounting be used to assist managers in identifying costs that are higher or lower than expected? Can these concepts be used for companies that offer services rather than products? Managerial Accounting

Question N$60 000 REQUIRED: Calculate the relevant variances in respect of the following: 3.1 Material price variance 3.2 Material quantity variance 3.3 Total material variance 3.4 Labour rate variance 3.5 Labour efficiency variance 3.6 Total labour variance Managerial Accounting

major accounting ratiosto a group of high school Question Imagine that you’ve been asked to explain one of the major accounting ratios to a group of high school students who have no background in business or accounting, but who are eager to learn. Choose one of the following ratios and describe how you would explain, […]

Question On this one I have chosen $3,000 exchange gain in 2019 and a $7,000 exchange loss in 2020 FY. I want to make sure I have this clear in my mind. Is this because the currency transaction on June 30th was .03 cents less than their original transaction cost? And when they actually made […]

Question Dixie Irwin is the department manager for Religious Books, a manufacturer of religious books that are sold through Internet companies. Irwin’s bonus is based on reducing production costs. Irwin has identified a supplier, Cheap Paper, that can provide paper products at a 10% cost reduction. The paper quality is not the same as that […]

Question Carl Cola As a global leader in the beverage industry and over 5 years of international experience, Carl Cola is one of the most rapidly growing family businesses in Australia. With its headquarters in Brisbane, Carl Cola has successfully built up 16 branches in 5 different countries with over 260 full-time employees. The executive […]

Question It takes five days from the time customers mail payments until Shark Bait Rafts (SBR) deposits them. SBR would like to set up a lockbox collection float by three days. If SBR receives an average of $2,500 in payments per day and its opportunity cost is 18 percent, how much should SBR be willing […]

variable cost and costbehaviorrelate to the subject ofRunning head: MANAGERIAL ACCOUNTING VII Reflection Paper: Variable Cost and Cost BehaviorNameInstitution MANAGERIAL ACCOUNTINGVII Reflection Paper: Variable Cost and Cost BehaviorVariable cost…Business

DateTransactionOct-01 Prepaid insuranceOct-04 Office furnitureOct-05 Service performedOct-08 Advertising expenseOct-11 Service on accountOct-19 Purchased computer on accountOct-24 Received…Financial Accounting

Gamble’s June 30, 2016, financial statements reported the following (in millions): Cash, Question Procter Gamble’s June 30, 2016, financial statements reported the following (in millions): Cash, beginning of year $ 6,836 Cash, end of year 7,102 Cash from operating activities 15,435 Cash from investing activities (5,575 ) What did Procter Gamble report for cash from […]

Question On July 1, 20X1, Hathaway Inc. purchased a $100,000, five-year, 6% bond when the market rate of interest was 7%. Interest was payable semi-annually on June 30 and December 31. The price paid for the bond was $95,842. Hathaway has a December 31 year end and reports its financial results in accordance with IFRS. […]

Question You, as the Financial Manager, have been assigned to assess the financial performance of ABC Company and have been given the following information for 2016 to 2018. As you go through your analysis, please make sure to address the following questions. What is the overall financial health of the company? What recommendations would you […]

Week 1 assignment-ACC/543 Q1: Doughton Bearings produces ball bearings for industrial equipment. In evaluating themanager has determined that their unit sales price is $25 per bearing and their…Business

Question Bob invested $2,000 in an investment fund on his 21st birthday. The fund pays 7% interest compounded semiannually. Bob is celebrating his 50th birthday today. Bob decides he wants to retire on his 60th birthday and he wants to withdraw $75,000 per year, the first withdrawal on his 60th birthday and the last withdrawal […]

Question $18 *In the Compound Division the variable overhead is 80% of the total, and in Processing variable overhead represents 65% of the total. Fixed overhead rates are based on capacity of 800,000 kg. in each division. In addition to the manufacturing costs, the Compound Division would incur $2 per kilogram of selling costs which […]

Question One (word limit: 800 words) Willy Auto Part (WAP) manufactures replacement parts for car repairs. The followingsituation concerns two WAP employees: Sandra Smith, head of the company’s Billing andInvoicing (38d) Department, and Jack Davis, the firm’s general manager. Smith’s Billing Department makes heavy use of hourly employees and is evaluated as a costcenter. Understanding […]

(U.S. Commercial Service)China has been doing an admirable job of attracting foreign direct Investment (FDI), which has made it a powerful force to reckon with in the World Economic scene. In 2004, China kept its place as one of the top two destinations in the world of FDI adding $64 billion. Over $564 billion of […]

A computer system is at risk of been accessed illegally and data that is held there within put at risk.Given the sensitive nature of accounting data, the finance director has asked for an audit report detailing the security status of the system. Data will be input in the computers from workstations, and there is risk […]

VAP is the most serious complication of critical illness, and this occurs not due to the illness per se, but due to the management of the patient, and in that sense, although slightly an overexpression, this may be termed as an iatrogenic condition that merits strict monitoring and care in order to prevent it. On […]

A) ActivityThe researcher states that cross-border mergers and acquisitions are complex undertakings packaged with risks and rewards. When two organizations with different internal controls, management styles, corporate cultures and processes attempt to integrate, the business risk increases substantially. Before embarking on Mamp.A journey, it is imperative that all risk factors are considered prior to injecting […]

Cost extravagances in the airline industry had brought financial costs up decreasing profits but did not automatically mean an increase in sales. Accounting problems and financial data were overlooked or neglected during the dot-com bust. First, too much money was spent on advertising which focused on selling and not marketing. Second, too much advertising money […]

What are some to the issues plaguing the profession What conflicts-of-interest-are identified Many issues plague the accounting profession as would be outlined in the article Getting the Accounting Right: Accounting and the Savings and Loan Crisis as Ms. Joni M. Young would state. Some of those problems include fraud, abuse, incompetence, and laxity and those […]

The financial performance and position analysis of British Airways can be done with the help of profitability, leverage and liquidity ratios in comparison with one of its major industrial competitors i.e. Air France-KLM (banker.thomsonib.com). The analysis of Air France-KLM would serve as a benchmark for the evaluation of performance and position of British Airways plc.The […]

As management accounting also deals with the analysis, interpretation, and communication of data in addition to identification and measurement of those, it can be said that it is a tool for the management for the decision-making process and is a much broader concept than to provide mere numerical data to the management. The tools and […]

A limited amount of companies must pay corporation tax. The self-employed do not. However, in almost all circumstances, cooperatives, housing associations, members’ clubs, and trade associations must pay corporation tax (Wikipedia, 2007). Companies that are obligated to pay corporation taxes on their profits are required to perform certain activities. First of all, they are required […]