Accounting question and answers for August 04, 2023
- Q Tesla makes as many of its parts as it can instead of buying them. What incremental decision does this illustrate? Why do they do this, do you think?
- Q which of The following items will not appear in the statement of stockholder's equity. net losses prior period adjustment discontinued operations dividends declared
- Q Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In...
- Q Multiple Choice Question The LIFO cost flow assumption assumes that the cost of items purchased ______ are the costs that will be transferred first to cost of goods sold on...
- Q 1. A recent Gallup study reported that firms with top engagement scores had _____ higher profitability. A) 6 percent B) 8 percent C) 16 percent D) 18 percent 2....
- Q blossom company reported the following information for 2025 sales revenue 2030000 cost of goods sold 1380000 operating expenses 210000 unrealized holding gain on available for sale debt securities 118000 cash...
- Q Long Term Liabilities -Surf the internet to look for two companies that issued bonds within the last two years. -Share with the class the details of the bond issuance. -Make...
- Q The Draper Company is considering dropping its Doombug to due to continued losses. Revenue and cost data on the toy for the past year follow: PLEASE SHOW YOUR WORK
- Q shares and dividends at dec 31 2020 fraser construction inc. reported the shareholders equity accounts shown here common share 280000 shares issued and outstanding 460,000 retained earning 252000 tototal shareholders...
- Q What happens when you follow the recommended process for creating a budget for a project that is less than 12 months but spans two fiscal years? The budget reports...
- Q LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, unearned service revenues was $13,000,...
- Q Rachael Knapp Company manufactures Clothing for well-known stores; their manufacturing overhead is estimated to be 55% of its total conversion costs. The direct labor cost amounts to $112,500, and direct...
- Q Hello, I am not an excel expert I need help with this problem. The Oceanside Garden Nursery buys flowering plants in four-inch pots for $1.00 each and sells them for...
- Q Provide information needed to create a Statement of Cash Flows using the Indirect Method. You MUST include: Net Income At least 3 items that go under operating activities. At least...
- Q On January 1, 2025, Oriole Corporation signed a ten-year noncancelable lease for certain machinery. The terms of the lease called for Oriole to make annual payments of $150015...
- Q 1 Steps 2 1 Close Revenue to Income Summary - prepare journal entry 3 4 5 6 7 8 9 10 11 12 13 14 15 16 2 Close...
- Q Find the financial statements for a publicly traded company, and examine its statement of cash flows. Prepare the cash ratios and prepare an overview (300 words) of what is revealed...
- Q thanks in advance please provide answer as early as possible why is it important to develop organizational policies towards diversity
- Q the twe bases of coverage provided by the FLSA are h Enterprie coverage and Empleyer coverage Ob. Enterprise coverage and Individual employee coverage Oe Individial employee coverage and Employer coverage...
- Q Apple Inc reports the following for three of its geographic segments for a recent year All numbers are in millions of dollars Compute profit margin for each division...
- Q charlie roberts owns charlies pets, a small retail shop selling pet supplies, on december 31,2018 the accounting records of charlies pets showed the following: merchandise inventory on 12/31/2018 10300, merchandise...
- Q Total vidin IU For the following employee: 1. Complete a current year Federal and Provincial TD1 form for the employee. And use...
- Q When use Cramer's Rule to solve the system of linear equations x+2y= 4 2x -5y= 10 then the determinant of A, equal : Select...
- Q QS 12-5 (Algo) Indirect: Computing cash flows from operations LO P2 For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be...
- Q Analyzing Manufacturing Cost Accounts Fire Rock Company manufactures designer paddle boards in a wide variety of sizes and styles. The following incomplete ledger accounts refer to transactions that are summarized...
- Q Big Sound Inc. manufactures two products: receivers and loudspeakers. The factory overhead incurred is as follows: 1 Indirect labor $400,400.00 ...
- Q FIFO Method, Two-Department Analysis Healthway uses a process-costing system to compute the unit costs of the minerals that it produces. It has three departments: Mixing, Tableting, and Bottling. In Mixing,...
- Q The RST partnership makes a pro rata distribution of its assets to R in complete liquidation of the R's partnership interest. The distribution consists of $20,000 in cash and capital...
- Q R Studio : install.packages("QRM") library(QRM) set.seed(150) AAA <- rnorm(50,50,0.3) logreturns <- diff(log(AAA)) Assuming that the daily log returns for AAA Inc. follow normal distribution, the 99% VaR is:...
- Q ABC Company is interested in understanding the relationship between is monthly sales with its monthly advertising expenses and monthly number of promotions (e.g. buy one item and get one item...
- Q Required information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes...
- Q For its three invertment centers. Ayayai Company accumulates the following data: Compute the return on investment (ROI) for each center
- Q Please be fast solve as early as possible Specific events that upon completion mark important progress toward completing a project is
- Q Brief Exercise 20-7 Bryant Company has a factory machine with a book value of $85,900 and a remaining useful life of 6 years. It can be...
- Q This type of lease is treated similar to an asset purchase. Select one: Asset Lease Operating Lease Finance Lease Expense Lease
- Q Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income after tax of...
- Q The financial records of Skysong Inc. were destroyed by fire at the end of 2025. Fortunately the controller had kept certain statistical data related to the income statement...
- Q thanks in advance please provide answer as early as possible why is it important to develop organizational policies towards diversity
- Q ABC Co. manufactures pens. During the most productive month of the year, 3,650 pens were manufactured at a total cost of $84,550. During its slowest month, the company made 1,250...
- Q Dawson Toys, Ltd. produces a toy called the Maze. The company has recently established a standard costing system to help control costs with the following standards for the Maze toy:...
- Q What is The inventory, turnover ratio and days to sell inventory ratio?(a) Calculate Larkspur Hands' cost of goods sold, gross margin, and ending inventory for...
- Q In year 2016, your opening net worth was $14,000 and total capital items was $7,000. Your personal income statement for 2016 showed a deficit of $3,000. What is your net...
- Q On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 80 million, $2 par, common shares, to be distributed on July 1. The...
- Q When setting opening balances for Inventory QuickBooks Online (QBO) records. A.as a debit to Inventory and a credit to Sales. B.as a debit to Inventory and a credit...
- Q Sandpiper Inc. has a division that manufactures a component that sells for $165 and has a variable cost of $45. Another division of the company wants to purchase...
- Q Pitino acquired 90 percent of Brey's outstanding shares on January 1, 2016, in exchange for $486,000 in cash. The subsidiary's stockholders' equity accounts totaled $470,000 and the noncontrolling interest had...
- Q Windsor Corporations weekly payroll of $16,000 included FICA taxes withheld of $1,224, federal taxes withheld of $2,770, state taxes withheld of $850, and insurance premiums withheld of $230. Prepare Windsors...
- Q In what ways, if any, may common stock be preferable to preferred stock? a. Receives dividends before preferred stockholders. b. Represents ownership in assets after all liabilities are...
- Q How is the tax base defined for a comprehensive wealth tax? What are some of the problems associated with measuring wealth? Why would inclusion of the assets of corporations and...
- Q Equipment that cost $416,500 and has accumulated depreciation of $315,100 is exchanged for equipment with a fair value of $160,000 and $40,000 cash is received. The exchange lacked commercial substance....
- Q - The solution set of the equation: x - 4x + 4 =0 is x={2,-2} Select one: True O False
- Q 38) Capital Investments has three divisions. Each division's required rate of return is 15%. Planned operating results for 20X5 are as follows: Division A B C...
- Q the answer must be clear and need typed answer What are the four major categories of projects based on the type of change involved
- Q Grambling Company exchanged equipment that cost $66,000 and has accumulated depreciation of $30,000 for equipment with a fair value of $48,000 and received $12,000 cash. The exchange lacked commercial substance....
- Q 16)interest is charged on the: 1- loans 2-sheres 3-bills of exchange 4-promissry nots 17) the instrument which will satisfy your purchasing need is: 1- money 2-bonds 3-sheres 4-debenture 18) identify...
- Q comp 3 answer part 1,2,3,4,5 on kornett company
- Q Greener Lawn, Inc., provides lawn care and landscaping services to commercial clients. Greener Lawn uses activity-based costing to bid on jobs and to evaluate their profitability. Greener Lawn reports the...
- Q Dividend payments to common shareholders Dividend payments to common shareholders are at the discretion of the Board of Directors O are paid from after-tax income O...
- Q On March 1, 2020, Sunland Corporation issued $400,000 of 8% non-convertible bonds at 104, which are due on February 28, 2040. In addition, each $1,000 bond was issued with 25...
- Q ProForm acquired 70 percent of ClipRite on June 30, 2017, for $1,400,000 in cash. Based on ClipRite's acquisition-date fair value, an unrecorded intangible of $450,000 was recognized and is being...
- Q Star Corporation wrote off a $100 uncollectible account receivable against the $1,200 balance in its allowance account. Compare the current ratio before the write-off (X) with the current ratio after...
- Q pleasd read carefully and answer asvearly as possible In terms of Porter's Five Forces Model, what are the benefits an organization can receive from implementing an efficient and...
- Q Gunkelson Company sells equipment on September 30, 2015, for $16,700 cash. The equipment originally cost $74,390 and as of January 1, 2015, had accumulated depreciation of $42,020. Depreciation for the...
- Q Grady and Associates performs a variety of activities related to information systems and e-commerce consulting in Toronto, Canada The firm, which bills $125 per hour for services performed,...
- Q The budgeted selling price per unit is $60. Budgeted unit sales for June, July, August, and September are 8,900, 20,000, 22,000, and 23,000 units, respectively. All sales are on...
- Q On January 1, 2018, Laramie Inc. acquired land for $6.2 million. Laramie paid $1.2 in cash and signed a 6% note requiring the company to pay the remaining $5 million...
- Q Big Time Videos Inc. makes DVDs to sell to stores around the country. Top management meets on the first Tuesday of the month to evaluate the previous months performance. Prior...
- Q Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $6,500, a replacement cost of $6,100, a net...
- Q Inventory Valuation under Variable Costing Lane Company produced 50,000 units during its first year of operations and sold 47,300 at $12 per unit. The company chose practical activity-at...
- Q Jason has three capital transactions for the current year: Short-term capital loss of $2,000; Short-term capital gain of $3,000; Long-term capital loss of $2,000. What is the net effect on...
- Q MSG Corporation has $100,000 of 10-year, 6% bonds outstanding on December 31,2010. The bonds have 3 years remaining to maturity. The unamortized premium remaining on these bonds was $6,000. MSG...
- Q Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid...
- Q the answer must be clear and need typed answer What are the four major categories of projects based on the type of change involved
- Q Please help me with this problem, I spenf more than 2 hours trying to solve it. Thank you
- Q Exercise 12-3 Securities held-to-maturity [LO12-1] FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment objectives. The following selected transactions relate to FF&Ts investment...
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!