Consider three bonds with 6 40% coupon rates all making annual coupon payments and all selling at face value The

Question

Consider three bonds with 6.40% coupon rates, all making annual coupon payments and all selling at face value. The

short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years.

a. What will be the price of the 4-year bond if its yield increases to 7.40%? (Round answers to 2 decimal places)

b. What will be the price of the 8-year bond if its yield increases to 7.40%? (
Managerial Accounting

The current annualized yield on a 1year STRIPS is 2 23% and the annualized yield on a 2year STRIPS is 2 17%

Question

The current annualized yield on a 1-year STRIPS is 2.23% and the annualized yield on a 2-year STRIPS is 2.17%

(yes, it has a lower annualized yield). According to the expectations theory of interest rates, what will be the annualized yield on a 1-year STRIPS one year from now? What would you expect to pay for this STRIPS with a $1,000 face value one year from now?

Financial Accounting

How is ABC Costing superior to traditional costing models in modern manufacturing environments particularly those

Question

How is ABC Costing superior to traditional costing models in modern manufacturing environments, particularly those

with relatively high capital investment and relatively low labor costs, plus highly differentiated manufacturing processes like specialized manufacturing cells. In particular, how is simple traditional methods for allocating factory overhead can cause major distortions in calculated costs, and how this can adversely affect production and pricing decisions common to managerial accounting?

Managerial Accounting

This is a Financial Accounting! I need the Journal entries

Question

This is a Financial Accounting! I need the Journal entries

No.
1) Account Title and Explanation
Depreciation Expenses – Equipment Debit Credit
14,825 Accumulated Depreciation – Equipment
(62,100 – 2,800)/4 No.
2) No.
3) 14,825 Account Title and…
Financial Accounting

Hello Please help me with this question regarding For the Win (FTW) Corporation uses a

Question

Hello,

Please help me with this question regarding For the Win (FTW) Corporation uses a

standard costing system in the creation of awards and trophies.

The Manufacturing overhead costs are applied to products on the basis of machine time.

Required:

1) Unfortunately, due to accounting glitches in FTW’s software, several numbers and labels have been omitted from the analysis of fixed overhead below. Supply the missing numbers and labels to help FTW out:

Actual Fixed Overhead Cost

Flexible Budget Overhead Cost

Fixed Overhead Cost Applied to Work in Process

(a)

(b)

302,100 MH x $1.08 = (c)

Budget variance, $1,880 U

(d)

Total variance, $388 F

(e)

2) Next, assume that 6 minutes of machine time is standard per unit of production. How many units were actually produced in the situation above?

3) Once again, assume that 6 minutes of machine time is standard per unit of production. How many units of production were assumed when the predetermined application rate for fixed overhead was established?

Managerial Accounting

Please answer these questions below be specific no maximum word limitThe ASC How do you access it?

Question

Please answer these questions below. be specific. no maximum word limit

The ASC:

How do you access it?

How is it organized? How do you search it?

Revenue Recognition:

What are the steps for Revenue Recognition under the new GAAP? When is the new GAAP transition period? What decisions must companies make when they first apply the new GAAP? What other issues will affect companies and investors?

Integrated Reporting1 Running head: ACCOUNTING ANALYSIS Accounting Analysis
Student’s Name
Institution 2 ACCOUNTING ANALYSIS
Accounting Analysis
The ASC is the source of the authoritative accepted accounting…

Business

Can someone help me finish the following assignment? I’d like a little more information added to the slides I’ve

Question

Can someone help me finish the following assignment? I’d like a little more information added to the slides I’ve

already done along with completing the slides that are blank.

While working on a consuing engagement, a supervisor in your team has given you an assignment. The client is a regional trucking company. A new customer has approached the client with an opportunity that would require 120 trailers—20 more than the trucking company currently owns. The client is uncertain how long the relationship with the customer may last, but the deal has the potential for significant growth.

Your supervisor has asked you to research leases and lease structure issues on the Financial Accounting Standards Board (FASB) website, in particular the current practice and thought related to direct financing, sales type, and operating leases.

Prepare a 5 to 8 Powerpoint Presentation that summarizes your FASB research resus. . Keep the presenation brief while exploring the issues. Remember that both the client and the supervisor have limited time, and you want to make a good impression. Recommend an approach that the client can use to evaluate and capitalize on this opportunity.

Response to Client
Request 1
Ajia Gaspard
ACC/541
August 22, 2016
Shonda Meadows Leases and Lease Structure
• Leases are discussed in Statement No. 13 of the Financial
Accounting Standards Board….
Business

Pleease help me with assignment for managerial accounting use the attachment PDF book

Question

Pleease help me with assignment for managerial accounting use the attachment PDF book :

page 557 Ex 12-2

page 557 – 558 Ex 12 – 3

page 558 Ex 12 – 4

page 559 Ex 12 – 6

page 364 Ex 8-1

page 364 Ex 8-3

page 365 Ex 8-4

page 370 – problem 8-16

please provide me the solution in details no short cut so I can study from them.

Thank you very much

Solution-8-16
1. September cash sales
September collections on account:
July sales: $20,000 × 18%
August sales: $30,000 × 70%
September sales: $40,000 × 10%
Total cash collections
2. Payments to…
Managerial Accounting

Journal entrees for these A Purchased additional investments for 18 900 cash

one-fifth were long term and

Question

journal entrees for these

A. Purchased additional investments for 18,900 cash; one-fifth were long term and

the rest were short term.

B. Purchased property,Plant and equipment; paid $9,581 in cash and signed a short-term note for 1,420

C.Issued additional shares of common stock for 1,479 in cash; total; par value was $1 and the rest was in excess of par value

D. Sold short-term investments costings $19,019 for $19,019 cash

E. Declared $11,135 in dividends to be paid at beginning of the next fiscal year

Financial Accounting

I need this by tomorrow at 3 pmSelect

a government entity of your

Question

I need this by tomorrow at 3 pm

Select a government entity of your

choice. It can be a state, county, city, town, school district, or any other government entity. Preferably select one in which you have a vested interest, such as where you live, work or send your kids to school.

Obtain the Comprehensive Annual Financial Report (CAFR) for the entity you selected. You should be able to find the CAFR on the web site for the government entity. If not, contract the entity for a copy. Note: This CAFR will be used for many activities throughout the course.

Scenario: You are working as an accountant for the government entity you selected above. You have newly elected board members who are business people from the community. These are highly successful and intelligent business people who know and appreciate private sector financial accounting. However, they know very little about government accounting.

Prepare a PowerPoint® presentation for the new Board members. The presentation should be between 12 to 15 slides and include the following:

Government Accounting Name
Course
Instructor a)It record financial transactions of revenues and expenditures related to the government organizations.
The purpose of government accounting
and…
Business

Hi These problems are from a undergraduate level managerial accounting course and shouldn’t take much time

Question

Hi,

These problems are from a undergraduate level managerial accounting course and shouldn’t take much time

for a pro to do. If it would be possible to get the solutions within the next four hours or so that would be great, within 6 hours is the deadline as I have to submit this evening.

Please take a look at the attachment and the problems and let me know if you cannot complete all of the problems so I can submit to another tutor.

Thank you for your help!

Silvia

Solution-3 Opening
Balance Interest on
opening
balance 500000
260766 Repayment
Principal interest
284234
239234
45000
284234 26076.06
23470 45000
23469 31/12/2015 Debit 260766
0 Credit Loan…
Managerial Accounting

Resource

Ch. 4 of
Financial Accounting

Complete
Exercise

Question

Resource: Ch. 4 of Financial Accounting

Complete Exercise

BE4-1.

Complete Problems P4-2A P4-3A.

BRIEF EXERCISE 4-1 Cash
A $ Net Income
(100.00) $ B – $ 20.00 1,300.00 $ (1,300.00) C $ D $ 800.00 E $ (2,500.00) $ F $ – $ 2,500.00
(600.00) PROBLEM 4-3A
A) 1) 2) 3) 4) 5) 6) GENERAL JOURNAL
DATE…
Business

Hello I am in Healthcare Accounting and finance at Polk State College I am confused on the following

Question

Hello I am in Heahcare Accounting and finance at Polk State College,

I am confused on the following

questions and would appreciate your help to understand them.

#16- If a nurse deposits $24,000 today in a mutual fund that is expected to grow at an annual rate of 8%, what will be the value of this investment

a. Three years from now

b. Six years from now

c. Nine years from now

d. Twelve years from now

#20 The chief financial officer of a home heah agency needs to determine the present value of a $120,000 investment received at the end of year 20. What is the present value if the discount rate is

a. 4 percent

b. 6 percent

c. 8 percent

d. 10 percent

#23 After completing her residency, an obstetrician plans to invest $25,000 per year at the end of each year into a low risk retirement account. She expects to earn 5% for thirty five years. What will her retirement account be worth at the end of those thirty five years?

#27 If uptown clinic invested $3,000 in excess cash today, what would be the value of its investment at the end of the three years:

a. at 16% annual rate compounded semiannually

b. at 16% annual rate compounded quarterly

#28 If Summit Hospital invested $10,000 in excess cash today, what would be the value of its investment at the end of the three years:

a. At an 8% annual rate compounded semiannually?

b. At an 8% annual rate compounded quarterly?

Financial Accounting

The ABC Company is planning a new product line and will build a new plant to manufacture the parts for a new

Question

The ABC Company is planning a new product line and will build a new plant to manufacture the parts for a new

product line. The product line will include 50 different models. Annual production of each model is expected to be 1000units, Each product will be assembled of 400 composers. A processing of parts w1llbe accomplished in one factory. There are an average of 6 processing steps required to produce each component, and each processing step takes 1.0 min (includes an allowance for setup time and part handling).AlI processing operations are performed at workstations, each of which includes a production machine and a human worker. If each workstation requires a floor space of 250 ft2,and the factory operates one shift (2000 hr/yr), determine (a) how many production operations, (b) how much Iloorspace, and (c) how many workers will be required in the plant

Financial Accounting

How does the treatment of owner’s equity vary between financial accounting and managerial finance? Why does it

Question

How does the treatment of owner’s equity vary between financial accounting and managerial finance? Why does it

differ?

Do not confuse it with the difference between financial accounting and managerial accounting.

The economic activity where the exchange of goods and services is done between two or more
persons for a mutual gain of profit is called as business. The systematic recording of business
tractions…
Finance

Which of the following statements explain permanent differences between tax and financial accounting?i

Question

Which of the following statements explain permanent differences between tax and financial accounting?

i.

Income is recognized in one period for tax and in another period for financial accounting

ii. Income is recognized for accounting but not for tax purposes

iii. Expenses not deductible for tax purposes are deductible for financial accounting

iv. An expense is deducted currently for tax but in a later period for financial accounting

a.ii. only

b. i and ii

c. i and iv

d. ii and iii

TAX ACCOUNTING VS FINANCIAL ACCOUNTING
ii) Income is recognized for accounting but not for tax purpose
iii) Expenses not deductible for tax purposes are deductible for financial accounting.
Business

A company has already spent $80 000 developing a new product and is now considering whether or not to market the

Question

A company has already spent $80,000 developing a new product, and is now considering whether or not to market the

product.

Tooling for production of the new product would cost $50,000.

If the product is produced and marketed, the company estimates that there is only one chance in four that the product would be successful. If successful, the net income would be $100,000 per year for 8 years.

If not successful, the company would lose $30,000 per year for 2 years, after which time the venture would be terminated. The minimum rate of return on the capital is 20% per year.

Draw a decision tree and determine the best aernative using the expected net present value criterion.

Financial Accounting

The company is considering purchasing a fleet of cars for $200 000 It can borrow at 11% The cars will be used

Question

The company is considering purchasing a fleet of cars for $200,000. It can borrow at 11%. The cars will be used

for total of four years. End of four years they will be worthless. You call a leasing agent and find that the cars can be leased for $55,000 per year. The corporate tax rate is 40% and the cars belong in CCA class 10 (a 30% class), what is the net advantage to leasing?

Financial Accounting

Watch the video on valuing bonds

It shows how to calculate a bonds value with an example of a $1,000

Question

Watch the video on valuing bonds. It shows how to calculate a bonds value with an example of a $1,000

bond making $100 annual payments, when the interest rate is 8%. Would there be a point (length to maturity) where you would prefer to hold a perpetuity paying $100/year over a bond with a $100 payment? Stated another way: If you had two investments to choose from, one a perpetuity that pays $100/year forever, or the other, a bond that pays interest of $100/year for 30 years, then pays back the $1000 principal, which one would you choose? You can use calculations, etc . if you want, to explain your decision!

Financial Accounting

Thrill Games developed a new play station called TRILL Thrill Games has a standard cost system to help control

Question

Thrill Games developed a new play station called T-RILL. Thrill Games has a standard cost system to help control

its costs. The following standards have been established for T-RILL.

  • Direct materials 15 grams per T-RILL.
  • Standard direct material cost per T-RILL is $10.
  • Direct labour 1.4 hours per T-RILL.
  • Standard cost of direct labour is $14.40 per T-RILL.

During October the company produced 6,500 T-RILL units. Production data for October are:

  • Direct materials: 95,000 grams were purchased at a cost of $60,000; 5,000 grams of this was
  • still in inventory at the end of the month.
  • Direct labour: 9,000 direct labour hours were worked at a cost of $95,000.

Required:

Compute the following variances for October:

Managerial Accounting

The next question is based on Panjim Trading Company’s cash Taccount for 2015 Based on

Question

The next question is based on Panjim Trading Company’s cash T-account for 2015.

Based on

Panjim’s 2015 cash T-account, which one of the following statements must be true?

  • During 2015, Panjim’s total merchandise sales were $60,000.
  • During 2015, Panjim’s total merchandise purchases were $44,000.
  • During 2015, Panjim issued $75,000 of debt.
  • Panjim did not record any tax expense for 2015.

I chose D already.

Financial Accounting

A firm forecasts sales of 750 000 with spontaneous account percentages of Cash 11%A/R

Question

A firm forecasts sales of 750,000 with spontaneous account percentages of :

Cash 11%

A/R

8%

Inventory 13%

A/P 14%

PPE 210,000

The company has long term debt of 120,000 and equity of 85,000

It estimates profits at 55,000, What is the DFN?

Answer :85,000

I know that DFN=Assets-Liabilities-Equity

Please help

Financial Accounting

PQM201AWhy is ABC cost accounting considered to be more accurate than direct labor based cost

Question

PQM201A

Why is ABC cost accounting considered to be more accurate than direct labor based cost

accounting?

A. ABC is a new cost accounting technique that many defense contractors use

B. ABC identifies resource consuming activities and uses a valid cost driver (logical and/or statistical) for each activity

C. ABC meets all the requirements outlined in the FAR and the Cost Accounting Standards Board guidelines

D. ABC calculates an overhead rate for each individual cost center which is subsequently charged to each cost object

Project Management

Acct 6305Need help with comment on comparative total costs per unit under traditional costing

Question

Acct 6305

Need help with comment on comparative total costs per unit under traditional costing

and ABC for this question.

Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of mui-purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of mui-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or [1.5 hours × (54,000 + 10,200)]. Expected annual manufacturing overhead is $1,584,280. Thus, the predetermined overhead rate is $16.45 or ($1,584,280 ÷ 96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models.

Receiving

$0.24

per pound Forming

$4.30

per machine hour Assembling

$1.90

per part Testing

$2.00

per test Painting

$10.00

per gallon Packing and shipping

$2.50

per pound

Home Model

Commercial Model

Total unit cost under traditional costing

Home Model: $62.18

Commercial Model: $70.18

Total unit cost under ABC costing

Home Model: $57.62

Commercial Model: $94.30

Cost Accounting

My class is managerial accounting need answer n question for thursday

Question

My class is managerial accounting need answer n question for thursday

Name: ________________________________
Introduction – Managerial Accounting (ACCO 295)
MUIPLE CHOICE
1. Which of the following is an internal user of a company’s financial information?
A….
Business

Scenario

Cabinets, Inc., is a large manufacturer of modular kitchen cabinets, sold primarily to builders and

Question

Scenario: Cabinets, Inc., is a large manufacturer of modular kitchen cabinets, sold primarily to builders and

developers. The company uses a standard cost system. Standard production costs have been developed for each type of cabinet; these costs and any cost variances are charged to the production department. A budget also has been developed for the sales department. The sales department is credited with the gross profit on sales (measured at standard cost) and is charged with selling expenses and any variations between budgeted and actual selling expenses.

In early April, the manager of the sales department asked the production department to fill a rush order of kitchen cabinets for a tract of 120 homes. The sales manager stated that the entire order must be completed by May 31. The manager of the production department argued that an order of this size would take 12 weeks to produce. The sales manager answered, The customer needs it on May 31, or we don’t get the business. Do you want to be responsible for our losing a customer who makes orders of this size?

Of course, the production manager did not want to take that responsibility. Therefore, he gave in and processed the rush order by having production personnel work overtime through April and May. As a resu of the overtime, the performance reports for the production department in those months showed large, unfavorable labor rate variances. The production manager, who in the past had prided himself on coming in under budget, now has very ill feelings toward the sales manager. He also has stated that the production department will never again accept a rush order.

(MUST POST FIRST) Initial Post – As an employee, write an internal memo to your manager addressing the following:

Identify any problem that you see in the company’s standard cost system or in the manner in which cost variances are assigned to the responsible managers.

Make recommendations for changing the cost accounting system to reduce or eliminate any problems that you have identified.

Cost Accounting

This question is taken from the book Introduction to Managerial Accounting by Brewer Garrison and

Question

Job P90 was completed and sold for $2,500

  1. i already computed the plantwide predetermined overhead rate at $14
  2. i already computed the total manufacturing cost for Job P90 at $2,988

i need help with this question:

Upon comparing Job P90’s sales revenue to its total manufacturing cost, the company’s chief financial officer said, If this exact same opportunity walked through our front door tomorrow, I’d turn it down rather than making it and selling it for $2,500.

a. Construct an argument (supported by numerical analysis) that REFUTES the chief financial officer’s assertion.

b. Construct an argument (accompanied by numerical analysis) that SUPPORTS the chief financial officer’s assertion.

Managerial Accounting

The Conceptual Framework for Financial Reporting sets and discusses the objective andfundamentals that

Question

The Conceptual Framework for Financial Reporting sets and discusses the objective and

fundamentals that

serve as the basis for developing financial accounting and reporting

standards in different countries. The fundamentals are the underlying concepts of financial

accounting that guide the selection of transactions, events, and circumstances to be accounted

for; their recognition and measurement; and the means of summarizing and communicating

them to interested parties. The objective identifies the purpose of financial reporting.

Required:

a Identify and discuss the benefits that can be expected to be derived from the

Conceptual Framework.

(6 marks)

b What is the most important quality for accounting information as identified

in the Conceptual Framework? Explain why it is the most important.

(4 marks)

c Briefly discuss the importance of any five of the fundamental qualitative

characteristics or enhancing qualities of accounting information.

(10 marks)

d ‘The IASB and the US Financial Accounting Standards Board (FASB) have

been working together since 2002 to achieve convergence of IFRSs and US

generally accepted accounting principles (GAAP).’

Until recently, the convergence project is not finished.

Explain why the development process of international accounting

harmonization is difficu and complex. You may refer to the following for

further information.

Financial Accounting

Kansas Company uses a standard cost accounting system In 2020 the company produced

28,500
units. Each

Question

Kansas Company uses a standard cost accounting system. In 2020, the company produced 28,500 units. Each

unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $11.00. Normal capacity was 50,400 direct labor hours. During the year, 131,100 pounds of raw materials were purchased at $0.92 per pound. All materials purchased were used during the year.If the materials price variance was $1,311 favorable, what was the standard materials price per
pound? (Round answer to 2 decimal places, e.g. 2.75.) Standard materials price per pound If the materials quantity variance was $14,982 unfavorable, what was the standard materials quantity
per unit? (Round answer to 1 decimal places, e. g. 1.5.) Standard materials quantity per unit _ What were the standard hours allowed for the units produced? Standard hours allowed are _ If the labor quantity variance was $7,800 unfavorable, what were the actual direct labor hours
worked? If the labor price variance was $15,616 favorable, what was the actual rate per hour? (Round answer
to 2 decimal places, e. g. 2. 75.) If total budgeted manufacturing overhead was $329,868 at normal capacity, what was the
predetermined overhead rate? (Round answer to 2 decimal places, e.g. 2.75. ) Predetermined overhead rate What was the standard cost per unit of product? (Round answer to 2 decimal places, e.g. 275.) How much overhead was applied to production during the year? Using one or more answers above, what were the total costs assigned to work in process?

Managerial Accounting

Hello I need help with the problem below Thank youBloomberg LLC manufactures and

Question

$15/hour $15/hour

Machine Hours (MH) 4 MH/unit 6 MH/unit

Volumes Produced 50,000 25,000

Orders Served 500 orders 2500 orders

Indirect costs consist of manufacturing costs of $ 900,000 and support costs of $ 900,000.

To determine product line profitability, the current costing system pools all indirect costs (i.e., manufacturing plus support) in one single pool and allocates these costs based on direct labor hours. However, the company is considering adopting a two-stage costing system which would treat the two categories of indirect costs separately. Specifically, the total manufacturing costs (which include material handling ($ 200,000) and processing ($ 700,000)) will be allocated using the sum of direct material and direct labor costs, while the support costs (which include packaging and shipping ($ 325,000) and order handling ($ 575,000)) will be allocated based on the number of orders received.

Required: 1) Determine the per unit cost of each product under the current costing system.

2) Determine the per unit cost of each product under the proposed two-stage system.

Cost Accounting

Compare and Contrast Managerial Accounting and Financial Accounting

Discuss how managerial accounting is useful

Question

Compare and Contrast Managerial Accounting and Financial Accounting. Discuss how managerial accounting is useful

for providing information for at least one of the following management functions: planning, directing, controlling.

Managerial Accounting

Financial accounting 1 work sheet 屏幕快照

Question

financial accounting 1 work sheet

financial accounting !!!

Trenton Consuing
Unadjusted Trial Balance
June 30 , 2017\
Unadjusted
Trial Balance
Account
Debit\
Credit
Cash
YOU
Iccounts receivable*
3, 400
Prepaid rent\
41 6DU
Equipment\
8, 600
Accounts payable\
1, 830
5
Toni Trenton , Capital
28 , 850
oni Trenton , withdrawals
Consuing revenue*
31 , 200
wages expense
25 , 920
Insurance expense
1 . 720
Rent expense
9. 0 60
Totals
61 , 880
61 , 880
Additional information :quot;
2 . Annual depreciation on the equipment is $2 , 000 .`
6 . The balance in the Prepaid Rent account is for six months of rent commencing March 1 , 2017 .
C. Unpaid and unrecorded wages at June 30 totalled $4 , 200 .\
d . Accrued revenues at June 30 totalled $5 , 100 .\
Required :`
1 . – 3 . Use the above information to complete the work sheet .quot;
TRENTON CONSUING
Work Sheet
For Year Ended June 30 , 2017
Balance Sheet amp;
Unadjusted Trial Balance*
Adjustments
Adjusted Trial Balance*
Income Statement
Statement of Changes in
Equity
Account
Debit
Credit
Debit
Credit
Debit
Debit
Credit
Debit
Credit
Cash
780
\Accounts receivable*
3. 400
*Prepaid rent
\Equipment*
8. 600
Accounts payable*
1 , 830|
\Toni Trenton , capital
28 , 850
\Toni Trenton , withdrawal
7 , 880
Consuing revenue*
31 , 200
Wages expense
25 , 920|
Insurance expense*
1 , 720
Rent expense
9 , 320|
Totals
$ 61 , 880 | $ 61 , 880*
Depreciation expense*
\Accumulated depreciation , equip .quot;
Wages payable\
Totals\
Totals
4 . Calculate the balance in the capital account as it would appear on the June 30 , 2017 , balance sheet .
Balance in the capital account*

Financial Accounting

Each separate response must have approximately 200 words Assignments vary widely

however, essays should be

Question

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be

written in APA style, with in-text citations and a separate reference listing as needed.Basically, you need to cite and reference a relevant source for assignments that have an essay component. This means you are required to conduct research on your own outside the information provided in the text (i.e. an external reference).

Please answer each question with a minimum of 200 words:

I have attached everything you may need to answer each question thoroughly.

THIS NEED TO BE COMPLETED BY 8am on 9/16/2015

Problem 1-26B Pg. 47

1. Answer (a) and (b) in problem 1-26B

2. Distinguish between financial accounting and managerial accounting as to user groups and time horizons.

3. Why should the chief accountant of an organization have a clear understanding of both financial and managerial account?

Running head: MANAGEMENT ACCOUNTING AND CORPORATE GOVERNANCE Management Accounting and Corporate Governance
Student’s Name
University Affiliation 1 MANANGEMENT ACCOUNTING AND CORPORATE GOVERNANCE…
Business

Hi…

can you please provide me answers of financial accounting theory assignment answers

Question

hi

can you please provide me answers of financial accounting theory assignment answers

Financial Accounting

Explain the Generating cash is the ultimate responsibility for managers today Cash and cash flow are considered

Question

explain the Generating cash is the uimate responsibility for managers today. Cash and cash flow are considered

the lifeblood of a business.

How important has cash generation been for your current company or a prior employer? How is cash generation different from the concept of profit and loss (PL) in accounting? Provide an example of how a company manages cash flow.

Review the materials in the link below. Based on the materials presented in this link, discuss why financial analysis is important in the overall understanding of the financial performance of a firm. Be specific and give examples based on your experience

Overview of Financial Statement Analysis

Management

1 Most people haven’t been managing according to the goal Explain what you think is meant by this

Question

1- Most people haven’t been managing according to the goal. Explain what you think is meant by this

statement?

2- How do you think most companies deal with the issue of bottlenecks? Provide an example of how you have seen an organization cope with bottlenecks in work place

3- Identify an example situation in which managerial accounting could be misused in an unethical manner. How might you overcome that issue as a manager?

Managerial Accounting

A Strategic Planning &amp

Budgeting 1. Identify the characteristics of successful strategic plans. 2. Discuss

Question

A. Strategic Planning Budgeting 1. Identify the characteristics of successful strategic plans. 2. Discuss

the role of budgeting in overall planning and performance evaluation. 3. Identify the characteristics that define successful budgeting processes and best practices.

Managerial Accounting

Sometimes capital investments with a positive net present value have a negative impact on earnings

For

Question

Sometimes capital investments with a positive net present value have a negative impact on earnings. For

example, investing in certain types of research and development may resu in a large expense at time of investment with the benefits coming a few years (or more) later. Suppose an executive tells you, I will not approve any capital investment that decreases current earnings, no matter how high the net present value. If our earnings go down, our stockholders are hurt because stock prices will fall, and our managers will be hurt because their bonuses are tied to earnings. What is wrong with the executive’s statement?

Managerial Accounting

Which of the following investments has a larger future value? A $100 investment earning 10% per year for 5 years

Question

Which of the following investments has a larger future value? A $100 investment earning 10% per year for 5 years

or a $100 investment earning 5% per year for 10 years. Money is compounded annually

The second investment

The first investment

The yield is identical

Only the present value can be estimated

Both investments are examples of annuities

If 8% is compounded quarterly for 3 years then the interest rate (r) for a single period used in a time-value money calculation would be

2%

None of the other aernatives are correct

4%

3%

8%

Your grand-mother puts $1,000 per year in a TD Bank account for you. She started doing this ten years ago to save for a big graduation trip after completion of high school and before starting university. Money is worth 10%. How much is sitting in the TD bank account as of now? Please round to the nearest whole number.

$25,937

$15,937

$38,550

$6,147

$10,000
Financial Accounting

What does break even analysis indicate to managers?

How can managers use break even analysis for decision

Question

What does break even analysis indicate to managers? How can managers use break even analysis for decision

making? Can this be used for pricing decisions? What types of managerial decisions are supported by break even analysis?

Managerial Accounting

A company is 48% financed by riskfree debt The interest rate is 9% the expected market risk premium is 7% and

Question

A company is 48% financed by risk-free debt. The interest rate is 9%, the expected market risk premium is 7%, and

the beta of the company’s common stock is .58.

a. What is the company cost of capital? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Cost of capital %

b. What is the after-tax WACC, assuming that the company pays tax at a 35% rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

After-tax WACC %

Financial Accounting

Article analyses Collect and analyze

newspaper or magazine article relating to managerial accounting issue. The

Question

article analyses: Collect and analyze newspaper or magazine article relating to managerial accounting issue. The

following rules apply- the analysis of article should:

A short paper to summarize the analysis should include:

  1. Describe what specific managerial accounting concept(s) is (are) discussed in the article;
  2. What is your understanding of the concept(s); and
  3. Explain why this article is a good example of the concept(s).
  • Source and date of article must be indicated. All types of magazines and newspapers are eligible.
  • The analysis paper must be typed (or word processed) and double-spaced. Cut and paste the article into the document. Provide proper citation.
  • The analysis paper of article is limited to a maximum of two pages.

Analyses will be graded on:

  • Quality of the analysis of article.
  • Appropriateness of the articles selected.
  • Diversity of topics covered in the articles.
  • Overall presentation of the materials.

Note: I need basic word as an international student pleases

you did for me the first article which i will put it under file

pleases i want the same with different subject

Summary of Article
The efficiency of resources utilized by an organization is determined by the cost
associated with them. One of the critical issues that are linked with the managerial accounting…
Business

Managerial accounting must always follow generally accepted accounting

Question

Managerial accounting:

must always follow generally accepted accounting

principles;

emphasizes objectivity and verifiability.

is primarily concerned with providing information to external users;

provides information to help managers make decisions in the future;

Cost Accounting

I need the journal entries for both problems This is Financial accounting

Question

I need the journal entries for both problems. This is Financial accounting

Answer
P24-4 TAMARISK COMPANY
Comparative Balance Sheet
December 31, 2018 and 2017
December. 31
Assets
Cash
Accounts receivable (net)
Short Term Investments
Inventories
Preapaid Expenses
Plant and…
Financial Accounting

Hi! ) Question about Marginal costing in Management accounting we have information for January and

Question

Hi! 🙂 Question about Marginal costing in Management accounting, we have information for January and

February:

January

Number of devices sold 2,130

Number of devices produced 3,500

Total variable manufacturing cost $31,550

Total fixed manufacturing cost $31,550

Total (variable) selling and distribution cost $42,300

Total (fixed) administration cost $12,335

February:

Number of devices sold 2820

Number of devices produced 1450

Total variable manufacturing cost $17,220

Total fixed manufacturing cost $31,550

Total (variable) selling and distribution cost $46,880

Total (fixed) administration cost $17,220

The sales price of the device is $22 per unit

And I need to prepare income statement for that month using marginal costing.I asked yesterday for same task only in absorption costing because I got the resus but I would like to check If it is correct as this is extremely important to me and now I want to double check marginal cost too . Thank you. 🙂

Marginal Costing Income Statement
January
February
Units Sales
2130
2820
Sales ($22 per unit)
46,860.00
S
62,040.00
Less: Variable Costs:
Manufacturing costs*
19,200.43
S
29,569.57
Selling and…
Managerial Accounting

Please answer the following questions with great detail …

Question

Please answer the following questions with great detail…

1) What is the Accounting equation?
Answer:
Accounting equation is a presentation of the double entry system. It is an equation which states
Assets = Liabilities + Equity. It is based on the fact…
Business

Valuation Assume company has a 10% after tax discount rateCalculate the 20 years after tax

Question

Valuation

Assume company has a 10% after tax discount rate

Calculate the 20 years after tax

NPV

What is your recommended purchase price? (input acquisition price on cell D9 of inputs tab. This should populate the rest of the model)

What is the NPV after accounting for the acquisition price?

What is the IRR with the recommended purchase price?

What is the simple payback with the recommended purchase price?

What is the discounted payback with the recommended purchase price?

Do you have any comments on these resus?

Valuation after value added changes

The model is based on current tariff and current performance. With due diligence and negotiation, the assumptions will change.

If you could change up to 5 assumptions that would impact the value of the asset, what would they be and why? You may modify any of the tabs as required to modify the assumptions. You may send back a 2nd excel file with modified assumptions.

With the updated assumptions, what is your recommended purchase price? (input revised acquisition price on cell D9 of inputs tab, input acquisition price on cell D9 of inputs tab. This should populate the rest of the model)

What is the NPV after accounting for the acquisition price?

What is the IRR with the recommended purchase price?

What is the simple payback with the recommended purchase price?

What is the discounted payback with the recommended purchase price?

Do you have any comments on these resus?

Please submit 2 excel sheets, one for the valuation and the other one is for the valuation after value added changes

please make sure to show all excel equations and calculations.

BUSINESS PLAN – INSTRUCTIONS FOR USE
General
.. The principle of the attached financial model is that it can be applied to virtually all Dalkia’s international projects
It has been parameterized…
Finance

Please help with the starred financial accounting questions at the bottom 1 The Eppley Company reported a

Question

Long term debt payable 100,000 90,000

Other items:

Depreciation for the year $40,000

Gain on the sale of equipment $5,000

*Determine the net cash flows provided by (used in) operating activities for the Eppley Company.

2.

Below is a financial accounting question regarding Depletion. If you can show each step that would be greatly appreciated so I can understand how you arrived at the final #.

In January, Manila Co., a calendar-year enterprise, purchased a mineral mine for $2,640,000 with removable ore estimated at 1.2 million tons. After it has extracted all the ore, Manila will be required by law to restore the land to its original condition at an estimated cost of $180,000. Manila believes it will be able to sell the property afterwards for $300,000. During the year, Manila incurred $360,000 of development costs preparing the mine for production and removed and sold 60,000 tons of ore. In its annual income statement, what amount should Manila report as depletion?

3. Case study (Accounting questions) solution required for questions e, g and h only regarding Chicago Corpration Case at chapter 17, the case no is 10p in (Financial Accounting Book (14th Edition). i was able to find the case but there is no answers! I have attached the financials as PDF also here is the link to the case, it includes all financial statements you need, your help is highly appreciated. here is the link to the case in Chegg websit http://www.chegg.com/homework-help/comprehensive-review-problem-exhibits-1711-1712-present-part-chapter-17-problem-10p-solution-9781111823450-exc the case from this book (Financial Accounting Book (14th Edition) here is the link to the book the case from: http://www.chegg.com/textbooks/financial-accounting-14th-edition-9781111823450-1111823456?trackid=51e6b63astrackid=29013c2dii=1 all financial statements are attached available below along with the questions: :

Cost of Pu rohese $ 2,54fl,£flfl
Development Cost $ 3Erfl,flflfl
Re5toretion Co5t $ lflflfiflfl
ReSele‘U’elue $ {ammo}
Total Cost $ Efiflflflflfl
E5timeteo Iron Dre [ton5}…
Business

Define the line between financial accounting and managerial accounting

Question

Define the line between financial accounting and managerial accounting.

Managerial accounting may address forecasts and budgets and can have a future orientation
while financial accounting is concerned with financial resus that a business have already
achieved hence…
Business

All of the following are reasons that financial control may be an ineffective scorecard EXCEPT that it fails to

Question

All of the following are reasons that financial control may be an ineffective scorecard EXCEPT that: it fails to

identify the causes or drivers of performance.

it focuses on financial measures while ignoring other important attributes of performance.

it focuses on long-term rather than short-term performance measures.

it is an aggregate, rather than a detailed measure of performance.

0.5 points

Managerial Accounting

Answer

questions A-F in problem CT12-1 in
Financial Accounting
(p.

Question

Answer questions A-F in problem CT12-1 in Financial Accounting (p.

640).

Provide an 875-word analysis of your findings.

Include conclusions concerning the management of the company’s cash.

Business

Cmmon stock is 400 000 long term debt is 200 000 and preferred stock is 200 000 common stock costs 16% long term

Question

Cmmon stock is 400,000, long term debt is 200,000,and preferred stock is 200,000 common stock costs 16% long term

debt costs 8% and preferred stock codes 7%? The tax rate is% What is WACC?

I calculated Wts for Investments at

Common: 50%

Preferred Stock 25%

Long Term Debt 25%

Wts for Returns at :

Common 0.0800 or 8%

Preferred 0.175 or 1.75%

Long Term Debt 0.0200 or 2%

I did the table method and got 11.75 percent for WACC but the answer is 12.55 %

I am not sure what to do with the tax rate??

please help

Financial Accounting

Which of the following is correct regarding the contribution margin ratio of a company that produces only a single

Question

Which of the following is correct regarding the contribution margin ratio of a company that produces only a single

product?

a) The contribution margin ratio increases as fixed expenses decrease.

b) The contribution margin ratio muiplied by the selling price per unit equals the contribution margin per unit.

c) The contribution margin ratio will decline as unit sales decline.

d) The contribution margin ratio equals the selling price per unit less the variable expense ratio.

Managerial Accounting

MANAGERIAL ACCOUNTING 6

Question

MANAGERIAL ACCOUNTING 6

PART QUESTION

MANAGERIAL ACCOUNTING 6 PART QUESTION

MANAGERIAL ACCOUNTING 6 PART QUESTION

Milo Company manufactures beach umbrellas . The company is preparing detailed budgets for the third quarter and has assembled the
Following information to assist in the budget preparation :`
. . The Marketing Department has Estimated sales as follows for the remainder of the year (in units ]*
JULY
$3, 090
October*
23, 000
ALIJUST
November*
5 , 500
SEPTEMBER $5, 090
DECEMBER*
10 , 000
The selling price of the beach umbrellas 15 $75 per unit .
D. All sales are on account . Based on past Experience , Sales are collected in the following pattern :`
But in the month of Bale*
$51 in the month following Bale
51 uncollectible
Sales for June totaled $375, 000
C. The company maintains finished goods inventories Equal to 15.36 Of the following month’s sales . This requirement will be met at the
End of JUNE .\
`. Each beach umbrella requires 4 feet of Gilder , a material that is sometimes hard to acquire . Therefore , the company requires that
the Ending inventory of Gilden be Equal to 50% of the following month’s production needs . The inventory of Gilden on hand at the
beginning and End of the quarter will be :`
JUNE 30
TH, YOU FEEL
SEPTEMBER 30
{ Feet
{ . Gilden costs $0. 50 per foot . One – half of a month’s purchases of Gilden is paid for in the month of purchase ; the remainder is paid
for in the following month . The accounts payable on July 1 for purchases of Gilden during June will be $35, 390.
Required :`
1 . Calculate the Estimated sales , by month and in total , for the third quarter .*
2. Calculate the Expected cash collections , by month and in total , for the third quarter .
1 . Calculate the Estimated quantity of beach umbrellas that need to be produced in July . August , September , and October .
4. Calculate the quantity of Gilden Iin feet; that needs to be purchased by month and in total , for the third quarter .
5. Calculate the cost of the raw material ( Gildeny purchases by month and in total , for the third quarter .\
5 . Calculate the Expected cash disbursements for raw material ( Gilden ) purchases , by month and in total , for the third quarter .*
Managerial Accounting

Lucas Company is considering investing in a new machine The machine costs $10 000 and has an economic life of

Question

Lucas Company is considering investing in a new machine. The machine costs $10,000 and has an economic life of

four years. The machine will generate cash flows of $3,000 (cash revenues less cash expenses) each year. All cash flows, except for the initial investment, are realized at the end of the year. The investment in the machine will be made at the beginning of the first year. Lucas is not subject to any taxes and, for financial accounting purposes, will depreciate the machine using straight-line depreciation over four years. Lucas uses a 10 percent cost of capital when evaluating investments. Use Exhibit A.9.

Required:

a. Calculate the accounting income for the total over four years.

b. Compute the NPV of the cash flows over four years. (Round PV factor to 3 decimal places. Negative amount should be indicated by a minus sign.)

a.Accounting Income???

b.Net Present Value???

Business

Jim Ramsay is a purchasing agent for Hooks Incorporated

Avery Company is one of the suppliers that Jim works

Question

Jim Ramsay is a purchasing agent for Hooks Incorporated. Avery Company is one of the suppliers that Jim works

with. Jim’s contact at Avery offered him a free family vacation for four to Disney World (flight/park tickets/hotel) if he purchases 20% more of his supplies from Avery.

Jim hasn’t taken his family on a vacation in over a year. He also hasn’t received a raise from Hooks in over two years even though he knows he is the top performing purchasing agent for the company.

What are your thoughts on this case?

Financial Accounting

Exercise 2 8 chapter 2 international accountingVarious attempts have been made

Question

Exercise 2.8, chapter 2, international accounting

Various attempts have been made

to reduce the accounting diversity that exists internationally. This process is known as covergence and is discussed in more detail in chapter 3. The uimate form of convergence would be a world in which all countries followed a similar set of financial reporting rules and practices.

Required:

Consider each of the following factors that contribute to existing accounting diversity as described in this chapter: Legal system / taxation / providers of finaning/ inflation/ political and economic ties/ cuure

Which factor do you believe represents a greatest impediment to the international convergence of accounting? Which factor do you believe creates the smallest impediment to convergence? Explain your reasoning.

Business

Hello I need the answer of these question for Financial Accounting so they important for me it must be atleast %90

Question

Hello I need the answer of these question for Financial Accounting so they important for me it must be atleast %90

right to I can pass please mark if you are unsure about question.

Thanks and regards.

Financial Accounting Concepts, Principles and Procedures
Assignment 1
Mui-choice questions:
1. Which of the following concepts are the elements of financial statements?
(1) Comparability,…
Financial Accounting

can someone help me

Question

can someone help me

with financial accounting- computing dividends on preferred shares and analyzing differences.

the question asks for paid to preferred shareholders and paid to common shareholders for cumulative and non cumulative

E17 Computing Dividends on Preferred Shares and Analyzing Differences ( 103 , LO4 )
At December 31 2016 , the records of Hethe Company reflected the following balances in the shareholders equity accounts
Car Ton shares per 514 per share 60 god shares outstanding
Preferred shares to percent Der 510 per share good shares outstanding
Retained earnings : 5230 090
On January 1 2017 the board of directors was considering the distribution of a 57507 cash dividend . No a widens were paid during 20:5 and 2016
Required
Determine the total and berstare air outs that would be paid to the common shareholders and to the preferred shareholders under two independent assumptions
He . The preferred shares are non – curt s ative Round
your per share amount to 2 decimal places .
Total
Per Share
Paid to preferred shareholders
Paid to common shareholders
to The preferred shares are cumulative ( Found your per share amount to I decimal places )
Total
Per Share
Paid to preferred shareholders
Paid to common shareholders
Financial Accounting

hello can someone please help me with my financial

Question

hello, can someone please help me with my financial

accounting

PART – 3 Finding Missing Amounts LOZ , LOS , LOS )
At December 31 2017 the records of Koz Etsy Corporation provided the following se ected and income ate dela
Common shareat no changes during 2017
shares authorized soon , bob .
sharon issued
inque price fi per share
Net income for 20171 54 , 910 , Dan
Common Shares account : 1 , DID , Now
Dividenda declared and paid during 20171 52 per share
Retained Earnings balance , January
2017 562 590 , Dog
Required
Complete the allowing (Round Earnings per share to 2 decimal places . )
Shares issued
Shares outstanding
2 . Earnings per share
3 . Total dividends paid on common shares during 2017
Financial Accounting

A trading opportunity with more liquidity refers to

a trading opportunity that can be more easily

Question

A trading opportunity with more liquidity refers to

a trading opportunity that can be more easily

executed

a trading opportunity that is more difficu to execute

a trading opportunity that is more transparent to regulators

a trading opportunity that is less transparent to regulators

None of the above

Financial Accounting

In this assignment you will discuss the process for the development of authoritative guidance that influences

Question

In this assignment, you will discuss the process for the development of authoritative guidance that influences

the accounting profession and how you can influence this process. Write a 3 to 5- page paper discussing the rule-making or standard setting process for one of the accounting regulatory bodies. Select an accounting regulatory body, such as the Financial Accounting Standards Board, the Public Company Accounting Oversight Board, etc., and discuss the process for rule making or standard setting. In addition to explaining their process, prepare a discussion memorandum/comment in response to a proposed standard or rule. Be sure to integrate accounting theory and concepts in your commentary. Your response is to be prepared in the proper format to comply with the regulatory body’s requirements and should be a document that you would be willing to send to that regulatory body.

Business

T reflect on one of the major concepts (pick one )

discussed in the reading,
which are
CVP

Question

t, reflect on one of the major concepts (pick one ) discussed in the reading, which are CVP

analysis, Activity-Based Costing, Variable Costing, Muiple regression, analysis, Target profit analysis.

and write about that concept. How does that concept relate to the subject of managerial accounting? How has that concept affected managerial accounting in the

past? How will the concept affect managerial accounting in the future? Will this concept affect you in your career ? (make up any career) Why, or

why not?

The purpose of this assignment is to provide you with an opportunity to reflect on the material that you have read and to

expand on your reading.

The writing that you submit must meet the following requirements:

be at least one page in length;

include your thoughts about the major concept that you select;

explain how the concepts impact managerial accounting; and

explain how the concept applies to your career.

Format your Reflection Paper using APA style. Use your own words, and include proper citations and references as

needed.

Information about accessing the Blackboard Grading Rubric for this assignment is provided below.

Business

Patnode’s 2015 statement of cash flows contains four items in the financing section Three of them are Shortterm

Question

Patnode’s 2015 statement of cash flows contains four items in the financing section. Three of them are Short-term

debt issued, $15,000; Short-term debt paid, ($10,000); and Dividends paid, ($1,000). What is the fourth item in the financing section?

  • Retained earnings, $4,600

  • Common stock issued, $3,000

  • Long-term debt paid, ($3,000)

  • Cash from financing, $3,000

Patnode, Inc.
Note that amortization of the license
asset has been shown as a separate
Comparative Balance Sheet
line item only for ease of calculations.
Assets
Dec. 31, 2014
Dec. 31. 2015 Change
Liabilities
Dec. 31. 2014
Dec. 31, 2015
Current Assets
Change
Cash
$ 34.000
$ 41,000
$ 7,000
Current Liabilities
Accounts receivable
Accounts payable
$ 13,000
$ 12.ODD
$-1,000
Merchandise inventory
22,000
7.0DO
9.400
Total current assets
18,000
25.000
3,000
Taxes payable
2.40D
12,000
(8.000)
Short-term debt
10,000
15,000
5,000
$ 74.000
$ 78,000
Non-Current Assets
$ 4.000
Total current Fabilities
$ 30,000
$ 36.400
$ 8.400
Machinery, at cost
$ 15,000
15.00D
Owners’ Equity
Less: Accumulated depreciation
3,000
19,000
22,000
Machinery, net
12,000
3,000
Common stock
12,DDD
Retained earnings
34,000
38.600
3.000
4.600
License, at cost
$ 10,000
$ 10,000
Less: Amortization
1,000
3,000
2,00D
Total Liabilities
$ 83,000
$ 97,000
$ 14.000
License, net
9.000
7.0DO
(2.000)
amp; Owners’ Equity
Total Assets
$ 83,000
$ 97,000
$ 14,000
Financial Accounting

Tata Motors is looking forward to manufacture wheels accessory as a new product under Tata Motors brand name

Question

Tata Motors is looking forward to manufacture wheels accessory as a new product under Tata Motors brand name.

The product will get produced in two departments (machining and finishing) before being packed into boxes in the dispatch department.

The company has provided the following budgeted information.

Direct material $50 per unit

Direct labour Machining department (per 100 units) at $5.00 per hour 4 hours

Finishing department (per 20 units) at $6.00 per hour 3 hours

Dispatch department labour (per 20 units packed) at $5.00 per hour 1 hour

Packing boxes $1 each

Fixed overheads:

Machining department Absorbed at a rate of $6 per machine hour

Finishing department Absorbed at a rate of $4 per direct labour hour

Dispatch department Absorbed at a rate of $1 per unit packed

The selling price is $200 per unit.

Planned production and sales for the next period are as follows.

Production 3,000 units

Sales 2,500 units

There is no stock of packed or unpacked products, direct material or packing boxes at the beginning of the period. At the end of the period it is expected to have no stock of packing boxes and 400 units unpacked in the dispatch department. All other production in the period will be packed.

Required (a) Calculate the number of units completed and packed in the period.

(b) Produce Income statement using

(i) absorption costing

(ii) marginal costing.

(c) Reconcile 2 accounting methods

(d) Suggest the company if they should go ahead with this product.

Managerial Accounting

Match the proper item with the correct characteristic cash budget and budgeted balance sheet Budgeted

Question

Match the proper item with the correct characteristic: cash budget and budgeted balance sheet.

Budgeted

balance sheet

Cash budget

indicates when excess cash is available for investments or other purposes

developed from the budgeted balance sheet for the preceding year and the budgets for the current year

a projection of financial position at the end of the budget period

shows managers when additional financing is necessary well before the actual need arises

Budgeted balance sheet

Managerial Accounting

A The

utility gained from working.

B.The value of the leisure time lost due to engaging in work-related

Question

D.The cost associated with engaging in time cousuming work.none of the above
Financial Accounting

Topic INTRODUCTION TO ACCOUNTING QUESTION

Question

Topic: INTRODUCTION TO ACCOUNTING.

QUESTION

ONE:

State and define the key terms used in Accounting?

QUESTION TWO:

EABBOTT SMART
ACCOUNTING STUDY Q amp; A
Topic: INTRODUCTION TO ACCOUNTING.
QUESTION ONE:
State and define the key terms used in Accounting?
Accounting:
This is the process of identifying,…

Business

There are two components to this part of the final project an accounting cycle workbook (submitted in Module Six)

Question

There are two components to this part of the final project: an accounting cycle workbook (submitted in Module Six)

and an accounting cycle report (submitted in Module Seven).

Then, prepare a brief report that lays out the steps of the accounting cycle, explaining what each step does, why it is important to the success of a business, and what financial information is produced at the end of the cycle.

Specifically, the following critical elements must be addressed:

Accounting Cycle Report

a) Identify the steps of the accounting cycle and provide a description of each step.

b) What role does each step play in the success of a business?

c) How could the omission of a step impact the success of a business? What strategies could be used to avoid this?

d) What are the major financial statements that come out of the accounting cycle? Why are they important?

a) Identify the steps of the accounting cycle and provide a description of each step.

b) What role does each step play in the success of a business?

c) How could the omission of a step impact the success of a business? What strategies could be used to avoid this?

d) What are the major financial statements that come out of the accounting cycle? Why are they important? if u want I will open another project relate with new price …..the template is attached ……………LET ME KNOW

Business

An Accounting project that i need help on

Financial Accounting

Question

An Accounting project that i need help on. Financial Accounting

FINANCIAL ACCOUNTING Annual reports
Student’s name
Lecturer’s name
Course title
Date of submission 1 FINANCIAL ACCOUNTING
Annual Report
I have picked Smithfield as my base company, the…
Business