Accounting question and answers for November 19, 2023
- Q The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment$ 40,000Annual cost savings$ 11,000Estimated salvage value$ 5,000Life of the project5yearsDiscount rate10% Click here...
- Q Bongbong, Leni and Ping formed a business partnership (TAPAT UNITEAM) for the purpose of engaging in Digital Printing Services for a term of six (6) years. Bongbong subsequently assigned to...
- Q Zoro Corporation purchased a machine on July 1, 2016, for P750,000. The machine was estimated to have a useful life of 10 years with an estimated residual value of...
- Q What are main similarities and differences between Excel and Google Sheets? In your opinion, which do you find easier to use? Why?
- Q Do you think the different generations in the workplace have different attitudes toward hard work? If so, what do you think the differences are? How might people's definition of "work...
- Q Vd2 Calculate Allison's capital needed at retirement age 67. N = retirement life expectancy, 1- inflation adjusted earnings rate, FV=0, PMT = answer from #10, Solve for PV a....
- Q Joe Fast started a mobile snack food service on January 2, 2006, investing $15,000 cash deposited in a bank account in the name of "Fast Snacks." He purchased a second-hand,...
- Q which local company or organization is good for research for a marketing plan?
- Q Benoit Company produces three products A, B, and C. Data concerning the three products follow (per unit): Product A B C Selling price...
- Q Once both the pickup and drop events have been completed for a load, the next activity is
- Q What does the abbreviation stand for? ROG Select one: a. receipt of goods b. returned over ground c. received on ground d. return of goods
- Q Three identical units of Item K113 are purchased during July, as shown below. Item K113 Units Cost July 9 Purchase 1 15117 Purchase 1 17626 Purchase 1 188 Assume that...
- Q Is there a difference between traditional tax planning strategies such as retirement savings accounts and tax planning strategies that use questionable offshore tax havens?
- Q My final project is on Keurig Dr. Pepper, Analyze the company's last four annual cash flow statements. Identify trends, concerns, and opportunities.
- Q During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows: Year 1 Year 2 Sales (@ $60 per unit) $960,000...
- Q Please be thorough and detailed. Thank you. Define the terms, residual income and economic value added, and briefly describe their impact on motivation.
- Q Explain the difference between 'research' and 'development', and give each an example. 10marks
- Q Please read the following article: https://www.nbcnews.com/politics/justice-department/feds-take-down-1-billion-fraud-scheme-operation-brace-yourself-n992481 What were the audit issues? Describe what went wrong in the internal or external audit and/or governance making these frauds possible? Suggest how...
- Q -You would like to retire with $10 million in your retirement account at the end of 20 years. How much would you have to invest every year for the next...
- Q Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2015 and 2016 follow. Sunland Medical Comparative Balance Sheet As...
- Q Your business of jams and preserves is doing well. You are now exporting but need funding. what are the ways in which you can get funds- 3 are needed? Why...
- Q Q1. R Ltd. has surplus cash of $100 Million and wants to distribute 27% of it to the shareholders. The company decides to buy back shares. The Finance...
- Q There are two vlewpoints when It comes to the role of accounting; that is, from the accountant's perspective and the viewpoint of the user of accounting information. Based on your...
- Q 8/30 Amos ask you to issue check #1019 to Joe Slowe for the net amount owed him for time that he worked this past week. Joe worked 20 hours. Amos...
- Q Identify two corporate governance mechanisms through which public corporations deal with agency problems (principal-agent) and discuss how these mechanisms can be effective in mitigating such conflicts?
- Q Which of the following will transfer from your budget to your balance sheet? Select answer from the options below Buying a latte with cash from your checking account. All of...
- Q If an asset increases in value, the increase is noted as________. Select one: a. an increase in "other profit" in statement of comprehensive income b. an increase in retained earnings...
- Q Choose a manufacturing company in the USA 1) if the company has had any budget issues, and 2) the company's solutions to overcome such issues
- Q During 2019, the following transactions occurred: July 1 Purchased Little Company debt securities for $100,000 (which is equal to par value). The securities carry an annual interest rate of 10%,...
- Q On January 1, 2012, Haley Co. issued ten-year bonds with a face amount of P4,000,000 and a stated interest rate of 8% payable annually on January 1. The bonds were...
- Q i need help i need to Discuss a leader that i admire thatpositivelyimpacts others. This can be an individual in my personal or professional life. It can also be...
- Q Bella, an accounting student, started her first day of apprenticeship. Bella will be working in the general accounting section but has been curious about management accounting so she asked Marcus,...
- Q The Keller Company uses flexible budgets to control its selling expenses. Monthly sales are expected to be from $200,000 to $240,000. Variable costs and their percentage relationships to sales are:...
- Q Agnes, a CPA, sis a faculty of ABC University under the department of accountancy. She was employed on a contractual basis. Agnes is said to be exercising her profession as...
- Q Felicia has made the entry in the receivables expense account to write off the irrecoverable balance. What other entry does she need to make? a. A debit entry in the...
- Q Question 6 (8 marks) Consider PB Tech where sells desktop PCs: https://www.pbtech.co.nz/category/computers Explain the key points of routings and Bill of Materials (BOM) (2 marks) Draw an example...
- Q Given the EAR of 11.46%, what is the future value of $3,000 invested at an annual percentage rate of 11% compounded quarterly for 8 years?
- Q bank reconciliation and physical inventory countis an example of Select one: a. Supervision b. Independent verification c. Authorization d. Segregation of functions
- Q Jensen Company produces dolls. Each doll sells for$20.00. Variable costs are$14.00 per unit. If the breakminus even volume in dollars is$1,446,000, then the total fixed costs...
- Q The teleological approach to ethics a. determines the ethics of an action based on its consequences b. determines the ethics of an action based on the process of making decision...
- Q 1. Convince your partner of the possibilities in your own backyard by applying three decision rules, including Net Present Value (NPV) analysis, the Payback Rule, Average Accounting Return (AAR), Internal...
- Q ?Kupan, a famous forensic pathologist, failed to report income from the sale of his mansion on his tax return. His gain on sale exceeded $1.7 million. He also sold stock...
- Q Fraud Investigation of Wells Fargo Bank. provide a detail of what a forensic accountant may have done to detect or investigate the fraud identified. It must include information technology tools...
- Q Please give an example of manager behaving in a way that does not maximize shareholders' interest.
- Q During August, Salinger Company accumulated 580 hours of direct labor costs on Job 40 and 630 hours on Job 42. The total direct labor was incurred at a rate of...
- Q Gym Co is preparing its final accounts for the year ended 30th Nov 2020. The company made last payment of RM8,100 for electricity charges in October 2020, for three months...
- Q Which of the following statements is correct? Select answer from the options below Emergency funds can be kept in the form of long-term assets such as equity in one's house....
- Q Please list the major weakness of reporting of long term bonds payable on the balance sheet in subsequent years after their initialissuance?Explain in short answer.
- Q Discussion number 1. On January 10, Donna Stark uses her Baver Co. credit card to purchase merchandise from Baver Co. for $2,600. On February 10, she is billed for the...
- Q Choosing between the available acceptable accounting policies is one of the most commonly used forms of earnings management and is referred as: Select one: Real activities management. Accounting policy...
- Q Which of the following is an asset? Group of answer choices Accounts Payable Inventory Retained Earnings Unearned Revenue
- Q https://www.coursehero.com/u/file/32899972/Excel-Assignment-Dinerxlsx/ how do you calculate the month 2-12, the income before tax, tax, net income and the cash flow?
- Q Kim has a basis in her partnership interest of $13,000 when she receives a distribution from the partnership of $6,500 cash and equipment with a basis of $8,750 ($13,125 FMV)....
- Q Mortgage interest income tax deduction on an investment property (1st 2nd 3rd 80% Mortgages). Interest per year and how much cash for down payment (In Canada). Amount: 1.5 million.
- Q Cash flows from financing activities might include:
- Q Can you please help with the following question 4) You have the following data: Which of the following represents the beginning work-in-process inventory? A. $20. B. $15. C. $55. D....
- Q DETERMINE AND RECORD JOB COSTS Divine Homes manufactures prefabricated chalets in Colorado. The company uses a perpetual inventory system and a job costing system in which each chalet is...
- Q It is one year later.Both your customers switched to Activity-Based Pricing (ABP) nine months ago.You charge each customer what it costs you to provide service, making margin only on distributor...
- Q https://www.sandiegocounty.gov/content/sdc/auditor/annual_report19.html please look the financial statements section in CAFR from this link and answer this question. Identify which of the major funds, if applicable, are special revenue funds, debt services...
- Q how would you begin setting up a recurring transaction ion quick books online?
- Q A firm reported current assets of P1,000,000, which can be liquidated at 80 percent of book value. Total liabilities, including preferred stock, equal P270,000. The firm has 20,000 shares of...
- Q Mike Carlson will receive $20,000 a year from the end of the third year to the end of the 20th year (18 payments). The discount rate is 10%. The present...
- Q Legacy Company expects to pay its first dividend in 8 year's time. EPS in year 8 is expected to be $8.12 and the company will set a payout ratio of...
- Q Rainbow Ltd's manufacturing overhead budget for the first quarter of the current year was prepared on the basis of planned output of 4,000 units and contained the following data: ...
- Q The difference between the existing stock of space and the equilibrium occupancy is known as: Vacancy Equilibrium Demand Supply
- Q Why do you think oaths are taken so seriously, such that acting contrary to the oath is considered seriously immoral?
- Q https://www.cmegroup.com/education/courses/introduction-to-futures/definition-of-a-futures-contract.html In order to reinforce the online material and the textbook regarding futures contracts, I would like you to explore some online content provided by the Chicago Mercantile Exchange,...
- Q provide the references 1. Discuss the highest level of thinking according to Bloom's taxonomy. 2. Discuss how critical thinking relates to the term professional skepticism. 3. Discuss the AICPA list...
- Q I NEED HELP ASAP Gibson is a 68-year-old woman who walks 3 times per week, and attends yoga class2 times per week. She has read several nutrition articles suggesting that...
- Q a. Use Form 8949 and page 1 of Schedule D to compute net long-term and short-term capital gains. Then, compute the Howells' tax liability for the year (ignoring the alternative...
- Q A company uses 10000 pounds of materials for which it paid $8 a pound. The materials pricevariance was $5000 unfavorable. What is the standard price per pound?
- Q 4. Who should be held responsible for the failure of internal control over financial reporting at Satyam? 5. If you were the chairman of the audit committee, how would...
- Q Markholm Widgets started production on 250,000 widgets in March, with 160,000 completed. Material costs were $85,680 for the month while conversion costs amounted to $43,690. There was no beginning work-in-process....
- Q The provisions in this Section of Management Accountant Ethical Standards require management accountants to develop their knowledge and skills and carry out their duties in accordance with relevant laws, regulations...
- Q A labour department reports that 20% of the workforce in large corporation is unemployed.It interviewed 14 workers. What is the probability that exactly three are unemployed?
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