Accounting question and answers for November 19, 2023
- Q Marigold Corp. produces 5000 units of part A12E. The following costs were incurred for thatlevel of production: Direct materials$ 55000 Direct labor160000 Variable overhead75000 Fixed overhead175000 If Marigold buys the...
- Q Sam owns a small house that he rents out to students attending the local university. Are the expenses associated with the rental unit deductions for or from AGI? ...
- Q Which of the following is NOT an advantage to using tables? Group of answer choices Less work and fewer costs are required in the preparation. More information can be presented....
- Q Your Discussion should be 450 words in length Please include a word count. Following the APA standard, use references and in-text citations for the textbook and any other sources. Last...
- Q How do you think health care costs are determined in this country? Should a physician have the right to charge whatever he/she feels is 'adequate' for their services?What are some...
- Q You may have noted that more organization have employee working remotely. As this trend continues, how do you think collaboration tools will evolve? 1. Describe a...
- Q Required: Compute the following financial data for short-term creditors for year 2: 1. Working capital 2. Current ratio. 3. Acid-test ratio 4. Accounts reccivable turnover (assumo that all sals are...
- Q What are the nominal and effective costs of trade credit under the credit terms of 1/10, net 40? Assume a 365-day year. Do not round intermediate calculations. Round your answers...
- Q a cash flow statement using the indirect method for a company with the following income and balance sheets. Income Statement for 2019 Sales $100,000 Expenses Cost of goods...
- Q The futures price for the June 2009 CBOT bond futures contract is 117-23. A.Calculate the conversion factor for a bond maturing on January 1, 2025, paying a coupon of 8%....
- Q Determine the present value of an annuity due with annual inflows of R20 000 for six years at an interest rate of 10% compounded annually. Assume that the initial payment...
- Q identify 2 accounting theories that can used to explain why organisations prepare sustainability report. For each identified theory, please briefly describe the main arguments and explain its application on environmental...
- Q When March Green Products Ltd. started their business they issued 150,000 common shares and 10,000 noncumulative preferred shares. Their first declaration of dividends happened in Year 4 of operations, and...
- Q Relate and connect an aquarium to the ethical framework of accountancy
- Q In Assignment #2, you will read a paper by Mettler et al. write a summary...
- Q How much more will an investment of $10,000 earning 8% compounded annually be worth after 15 years than after 10 years? Calculate the difference in dollars and as a percentage...
- Q he average rate of return and cash payback methods is what the desirable results should be. For the average rate of return, the higher percentage is the most desirable. For...
- Q Mandel is a single taxpayer considering opening a Roth IRA. Which of the qualifications listed below must Mandel meet in order to contribute to a Roth IRA? a)...
- Q accounting 2155-30 Create an Income Statement Income Statement from the following Information: For the Year Ended December 31, 2000 Office Salaries 8,000 Advertising Expense 3,100 Interest Revenue 800 Sales 214,000...
- Q The plan for a department showed planned sales of $650,000 and planned markdowns of 18%. If the markdown amounts of $120,000, was the actual markdown % more or less than...
- Q Restate how an organization can use an income statement comparison. Why is it important to understand current and prior years? How will this help an organization in future years?
- Q managerial accounting Cost accounting The philosophy of the activity-based chargeback system is that SSG will be responsible for managing the unit cost of the individual voice services and the customer...
- Q true or false and explain your answer. (a) In the CAPM, a security's beta is higher when the risk of the market portfolio is higher. (b)Under the CAPM investors are...
- Q If the average 30-day Treasury bill rate from Jan 2016 to Feb 2017 was 0.4%, what was the daily rate? Please provide answer in decimals as well. ...
- Q Budgetary Slack with Ethical Considerations Karen Bailey was promoted to department manager of a production unit in Parkway Industries three years ago. She enjoys her job except for the...
- Q Which of the following classification of long-term assets is incorrect? Select one: a. None of the available choices b. Long-lived assets that are held for sale to customers but not...
- Q Patti's garage (used to store business property) is destroyed by a fire. She decides not to replace it and uses the insurance proceeds to invest in her business. The garage...
- Q The shares of Townships Ski Resorts Inc. just paid a dividend of $0.78. What are the expected capital gains yield if the share is selling for $28.25 today and the...
- Q Find the midpoint of the segment connecting the points a.(3, -4)(6, 1) b.(2, -3)(2, 4)
- Q From the position of a Chief Financial Officer of a hospital, what are some effective cost-cutting measures that could be undertaken in response to the COVID-19 (or similar) crisis? Please...
- Q What are some publically traded company's to research when it comes to finance?
- Q If a $150 investment earns compound interest for 4 years at 10% per year, the future value will be __. (Round your answer to the nearest dollar.)
- Q 1)What is the net present value of a simple one period project with initial investment of $12,000 dollars and an expected net cash flow in one year of $13,500, assuming...
- Q Answer format: a. Amount- PHP 10,500 b. Gain/ increase- PHP 10,500 c. Loss/ decrease- (PHP 10,500) d. Debit amount- PHP 10,500- DEBIT e. Credit amount- PHP 10,500- CREDIT f. Shortage...
- Q A criterion for recognition is: Cost of the item can be measured Answer.
- Q Please describe the circumstances of the following case study and recommend a course of action. Explain your approach to the problem, perform relevant calculations and analysis, and formulate a recommendation....
- Q Consider the following extracts from the balance sheet of Radobank (values in millions and duration in years): Value Duration Loans (short term) 1700 0.9 Loans (long term)...
- Q Identify two business risks which relates to material misstatement for Newcrust mining company
- Q Dianne Doolittle has opened a client's QuickBooks Online company from her Client Dashboard in QuickBooks Online Accountant. She wants to see which apps are connected to the client's account. Where...
- Q The application assignment is based on Kolb's model (1971) of experiential learning. The use of this model can help solve the problem of performance assessment. The model argues that learning...
- Q Were you surprised by the inclusion of any of Ekvall's ten dimensions? Are there any additional dimensions that you think should have been included?
- Q Explain the concept of contribution and limiting factors and how it can be effectively used in decision making 2) Explain what you understand by Budgets, Fixed Budgets and Flexible Budgets...
- Q Which of the following statements about "RESP's are true? i A common factor between RRSP's and RESP's are that both plans allow the money in the plan to grow tax...
- Q Wildhorse Inc. is contemplating a capital investment of $88000. The cash flows over theproject's four years are: Expected Annual Expected Annual YearCash InflowsCash Outflows 1$32000$14000 25900025000 ...
- Q Please help me with this problem. This subject is Intermediate Accounting. ANDY CORP. received the following donations during the year 2020: a) Land from WENCY INC., parent of the entity,...
- Q Calculate the percentage interest on an investment of R300 000 that will generate regular cash flows of R40 760.39 per annum for the next ten years. Show Formula. a.6% ...
- Q 1. Samuels Ltd. is a passage business house. The association plans receipt in customers' cash. Its obligation holders of US$. 9956577.521 is normal on April 1, 2015. ...
- Q This year, the Tastee Partnership reported income before guaranteed payments of $92,000. Stella owns a 90% profits interest and works 1,600 hours per year in the business. Euclid owns a...
- Q The method of accounting that is appropriate for the acquisition method of combination is?
- Q Neptnus ehf notar ferlisbkhald (process cost system). byrjun marsmnaar voru 2.300einingar vinnslu Deild 1, kostnaur eirra st 120.270 kr. mnuinum voru 4.000 einingarsettar framleislu....
- Q Discussion Topic: "Internal Controls" Internal controls are one of the most important factors in the deterrence and prevention or detection of fraud. Provide an example of how internal controls impact...
- Q Elizabeth y Renzo son una pareja joven de esposos, que luego de vivir dos aos en la casa de los padres de Renzo, decidieron alquilar un departamento para mudarse y...
- Q 1b. What was the social event (i.e., the point of no return) that led to the Argentine Peso Crisis of 2002? Please explain
- Q We have been in a huge monetary experiment for about a decade now as the Federal Reserve and other global central banks have been actively involved in the markets. What...
- Q should be 40 words per question Describe cost behavior. What is variable cost? Describe fixed cost. What is mixed cost? Describe summary of cost behavior concepts. Describe cost-volume-profit relationships....
- Q A company may set standards for the maximum cost that should be incurred to produce a unit of product. Such cost standards are useful in the directing process. in evaluating...
- Q The units of Product C available for sale during the year were as follows: Dec 1 Beginning inventory 45 units @ $14 4 Sale 20 units 15 Purchase 22 units...
- Q Why is it important to identify whether ordinary income or statutory income is exempt income or non-assessable non-exempt income? Provide at least one example each- exempt income and non-assessable non-exempt...
- Q Millions of people every day must make informed decisions about organizations. To make the decisions these people need information. Accountants measure the activities of an organization and communicate those measurements...
- Q From the latest Best Buy Annual report found here: http://s2.q4cdn.com/785564492/files/doc_financials/2021/ar/Best-Buy_Annual-Report_FY21.pdf Footnote Disclosures: How many footnote disclosures does the company have? How many significant accounting policies...
- Q One can react glycerol and myristic acid to make trimyristin. For glycerol, myristic acid, and trimyristin, list the unique functional group each of these substances possesses, and then list the...
- Q 1)Sudan plc makes a single product and incurs fixed costs of 125,000 per month. Variable cost per unit is 55 and each unit sells for 105. Monthly sales demand is...
- Q A pressurized spray painter was purchased on April 1 of the fiscal year for $3,900. It has a useful life of 4 years and a residual value of $300....
- Q What is the primary barrier to using activity-based costing in a service company? A large number of cost pools. A limited number...
- Q Under ASPE, which one of the following is not required to be disclosed regarding contingent losses? A The nature of the contingency B An estimate of the amount of contingent...
- Q III. Justify the use of taxpayer resources to correct externalities and other market failures provide specific examples
- Q Sheffield Inc. took a physical inventory at the end of the year and determined that $773000 of goods were on hand. In addition, Sheffield determined that $62000 of goods were...
- Q Interest payments on loans outstanding that do not relate to acquiring, constructing or improving capital assets are classified as ________ on the cash flow statement for an Enterprise Fund. Interest...
- Q Moriband Corp. paid a dividend of $2.19 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. If investors in stocks...
- Q ME19 (9 Marks) Turbo Ltd. is preparing its interim financial statements for the end of its first quarter. Because of the cost and impracticalities of doing a physical count...
- Q Are there significant variances in any of the expenses categories [HA1]that you think should be investigated further? If yes, discuss which categories and why you think they need investigation. If...
- Q 1. Calculate the Dirty Price and Clean Price for a bond with the following features: -Settlement date is today. -Similar bonds have a yield of 10% -Coupon rate...
- Q Create a SWOT Analysis for a software engineer operating a part-time Meal Delivery Service who wishes to better understand his delivery service by analyzing his strengths, weaknesses, opportunities, and threats....
- Q Rights issue. micro-Electronics Corporation (mEC) has just announced that it will issue 10 mil- lion shares of common stock through a rights issue at a subscription price of $20. Before...
- Q What 10 questions could the auditor ask themselves and others when developing and monitoring a timeline for following up of corrective action activities?
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