Financial Accounting questions and answers in May 2023

Compute the so-called β (which is a measure of risk exposure) of Fund X by regressing the excess returns of Fund X on the excess returns of the Vanguard index fund. You can do this in Excel by using ...
Please help. 3. Equipment with a book value of $39,000 and an original cost of $164,000 was sold at a loss of $36,000. b. Paid $106,000 cash for a new truck. 1:. Sold land costing $320,000 for $415,00...
please help. A comparative balance sheet and income statement is shown for Cruz, incorporated. CRUZ, IHCGRPDRATED Comparative Balance Sheets At December 31 2921 2929 Assets Cash 3; as,soo s 21,595+ Ac...
Please help.. 05 12-16 [Algal Computing cash flows from financing LO P3 Cash received from long—term notes payable $ 44,396 Purchase of investments 11,198 Cash dividends paid 35,5136 Interest paid ...
Please take the following steps:  Step 1: Download Monday Mind's Services and Operational Costs in the resource section of this task. Step 2: Download the Profit & Loss Statement template. Step 3...
Please correct the ones that are marked wrong. Thank you.. Corrected Consolidated Income Statements Miscellaneous revenues Miscellaneous expense Rent expense Depreciation expense Income tax expense Co...
please help answers those 2 questions. Thank you. Alvis Construction Supply lCompany has a department that manufactures wood trusses twood frames used in the construction industry}. The following info...
On January 1, 2022, Gilmore Corporation purchased 70,000 common shares of Low Ltd. for $30 per share.  At the time, Low had 370,000 shares outstanding.  At the time of purchase, Low's equipment was ...
Thad, a single taxpayer, has taxable income before the QBI deduction of $173,000. Thad, a CPA, operates an accounting practice as a single member LLC (which he reports as a sole proprietorship). Durin...
Describe your current or aspiring professional identity, including your career and the field in which you work or hope to work. Think about the types of financial transactions your chosen field is lik...
Differential analysis for a discontinued product.. Instructions: A. Prepare a differential analysis report. dated January 3. ZDYQ. to evaluate the decision to lease or sell the machinery. B. According...
A friend learns that you are taking the introduction to financial and management accounting course. Knowing that you do not plan to be an accountant, the friend asks why you are "wasting your time". Y...
Explain control testing and substantive testing in relation to Miller's Merchandise   You are a senior auditor with Rodriguez & Jones , a small auditing firm located in Canterbury, an eastern sub...
Please try to give a new answer which is never posted! (Part 1) : Essay Topic: The importance of diversity in the workplace: What is diversity? What are the benefits to employees of a diverse workplac...
 Current Canadian Government headed by Justin Trudeau is under minority. The Canadian Government of Liberals is functioning with the backing from NDP and gets their important resolution passed with t...
The assignment must be submitted as an Excel file. You can use different spreadsheets in the workbook to show your calculations. 1. Use the cost information provided to prepare a cash budget for a con...
How much would a homeowner receive with actual​ cash-value coverage and replacement cost coverage for a​ 3-year-old sofa destroyed by a​ fire? The sofa would cost ​$810 to replace​ today, wh...
1)Suppose Stuart Company had the following cash flow results for 2022: Net Cash Flow from Operating Activities of $5,800,000 Net Cash Flow from Investing Activities of -$4,900,000 Net Cash Flow from F...
During 2023, the corporation's only share transaction was the issuance of 400,000 common shares on April 1. During 2023, the following also occurred: Income from continuing operations before tax $23.6...
Having trouble. .' Safari File Edit View History Bookmarks Window Help . - Tue MaySO 8: 3PM < . U iv2.cengagenow.com C CD [I] + 83 a Week 3 - Assignment 9 CengageNOWvZ | Online teaching and learnin...
YU Ltd is a multinational company that makes and sells one major product, the TRT. The company is aware that the TRT is starting to show signs of decline. YU wishes to undertake one or more of the fol...
Leslie Yu wants to deposit an equal amount each month into an account that will pay 6% compounded monthly. If Leslie wants to end up with a future value of $10,000 after 22 months, how much should she...
Step 1 From the Data menu, select Data Analysis, then select Descriptive Statistics. Step 2 Enter the appropriate Input Range: The Input Range is the oil consumption data in column A with its label, A...
REQUIRED: (20 marks) Prepare a report to the board of directors of BeAll Investments Limited in which you advise them of the possible effect, including an example for the particular standard, that cli...
Select one of the tools mentioned in the textbook reading this week, such as balanced scorecards, responsibility accounting, or graphs. Discuss how it can be used to provide information to managers fo...
On December 31, Year 1, P Company purchased 90% of the outstanding shares of S Company for $8,100 cash.   The statements of financial position of the two companies immediately after the acquisition t...
  According to the video, what is a way to practice wise purchasing strategies?   Multiple Choice     Consumers can choose a specific type of retailer in order to obtain better prices, Consumers c...
  Which of the following can result from a failure to repay a loan?   Multiple Choice     Bankruptcy   Damage to family relationships   All of the above may result from the failure to repay a lo...
Research and find the most recent 10K filing for  two  publicly traded merchandising companies of your choice. Cosco and Sam Club Compute the accounts receivable turnover ratio and the number of day...
Brandon Pizzas Inc operates pizza shops in several states, one of its pizza restaurant has an opportunity to expand by leasing space in an adjacent building. The lease would be $18,000 per year under ...
PA  14 .4.4  get ready for an adjusted trial balance from the adjusted account balances; solve for the one missing account balance: Cash (assume accounts have normal balances).       PA  16 . 4...
1 . LO 4.1 Which of the following is any reporting period shorter than a full year (fiscal or calendar) and can encompass monthly, quarterly, or half-year statements? fiscal year interim period calend...
Henry, Hunter, and Harry formed a partnership (Widget Unlimited) on January 1, 2020. Henry and Hunter each contributed $200,000 and Harry transferred a building he had purchased two years earlier to t...
a) Describe a long-short strategy's risk and profit and losses characteristics.   b)i) Identify the broad category of the strategy detailed in the table above.    ii) Describe the mechanics of the ...
Lerato's Lights Ltd is a business based in Gauteng, that buys and sells specialised energy- saving lighting equipment. The company has a 31 December financial year-end. You have been provided with the...
It is the first day of the year and you plan to make a total of 6 deposits of $3,000 each, one every 6 months with the first payment being made today. The bank pays a nominal interest rate of 12% but ...
You just graduated from college and are starting your new job. You realized the importance to save for the future and have figured out that you will save $1,000 per quarter for the next 12 years; and ...
How do I solve for accounts payable? The Sharks gave you the $1,000,000 in funding you requested in exchange for 25% ownership of your company's profits.  All the following are complete by March 31, ...
How do I calculate the accrued expense? The Sharks gave you the $1,000,000 in funding you requested in exchange for 25% ownership of your company's profits.  All the following are complete by March 3...
REQUIRED: 4.1) Advise the Financial Manager of White Lines Limited on the correct classification and presentation of the Preference shares in the financial statements of White Lines Limited for the fi...
REQUIRED: Prepare the Statement of Financial Position of Converse Limited as at 31 December 2022, showing all the balances, including deferred tax, relating to the property. Com-parative figures are a...
Maggie Ltd acquired the net assets and contingent liabilities of Transfig Ltd for a purchase consideration of $240,000. Transfig Ltd had total assets of $336,000 and total liabilities of $120,000, it ...
Conduct a research on Apple Inc's  financial reports from the past fiscal year, along with the market conditions from that same year. Compare your company's current financial reports with the market ...
Using the financial statements provided calculate and choose the correct: Depreciation Expense Ratio INCOME STATEMENT     Particulars   Amount Income   687,700 Revenues from Court Fees 678,100   ...
PLEASE HELP   Professor Office. (n.d.). Excel: Horizontal analysis and vertical analysis. Retrieved from http://professoroffice.com/VerticalHorizontalRatioAnalysis.aspx Access the financial statement...
Brookline , Inc . just sold an issue of 30-year bonds for $ 1,107.20 . Investors require a rate of return on these bonds of 7.75 % . The bonds pay interest semiannually . What is the coupon rate of th...
When a government borrow money from the public on a long-term basis, it usually does so by issuing debt securities, typically referred to as government bonds. A bond that is issued in Europe or in the...
The problem below allows you to demonstrate your understanding of these concepts. Time to Fly Company needs to expand its facilities. To do so, the firm must acquire a machine costing $80,000. The mac...
An ex-employee of the company sued the company for an injury suffered, while an employee of the company, in the workplace on December 2022. On 25 May 2023, the court found that the cause of the injury...
During the year ended 15 May 2023, Flummoxed Limited invested heavily in the research and development of a new digital learning device. $30,000 was incurred to determine what features would be popular...
 Scenario  The High Flier Corporation is a shuttle service that provides transportation from Provo, Utah to the Salt Lake City Airport. Currently the company uses one van that can transport up to si...
Samuel Company's accumulated depreciation—equipment increased by $6,000, while patents decreased by $2,200 between balance sheet dates. There were no purchases or sales of depreciable or intangible ...
Mark Wilson resigned from his corporate job on December 15, 2021, to start his sole proprietorship, called Wilson's Consulting. He started on January 1, 2022. He employed three employees to get sta...
Sarah Wiggum would like to make a single investment and have ​$2.0 million at the time of her retirement in 35 years. She has found a mutual fund that will earn 4 percent annually. How much will Sar...
1.   Question 1 Illini leases another piece of equipment from Cubs Corporation under a four-year lease agreement on 1/1/20x1. The lease specifies annual payments on each 1/1 and the first payment of ...
Sofia has an opportunity to invest $18,000 she inherited from her great aunt. She wants to know how long it would take to double her money. The average investment return over the past decade was 8% an...
Descriptive Statistics: Analyzing Central Tendency of Data    We all have heard or read mainstream statistics used in many contexts. These are statistics such as mean, median, minimum, maximum, corr...
Chapter 4 questions   . A company erroneously recorded cash purchases in the depreciation expense account when it was purchased. The financial statement impact of the error in the year of acquisiti...
I need detailed answers, thanks!  . Based on the dividend schedule shown above, what is the cumulative amount of dividends that should have been paid to the Common Stockholders for the years 2016-202...
Swiss Roll Corporation Discussion Question - CLO 1, 2, 3, 7 Your investment bank has an investment of $100 million in the stock of the Swiss Roll Corporation and a short position in the stock of the F...
Parte 1.   Librería Nuevo Amanecer vendió 600 libros a crédito a $20.00 cada uno con un término de venta de 2/10 n/30. El costo de los libros vendidos es de $8,500. Luego de vender los libros, el...
I'm having trouble finding the expense to be reported for sick time. Can I please get some help?. Bramble Auto Repairs is preparing the financial statements for the year ended November 30, 2023. As t...
How to calculate the other information ( portfolio, benchmark index & Tracking error & information ratio & annualised return and annualised return benchmark, alpha), which formula is used ...
please answer. needed asap. please provide resources/ links     1 Identify sources of technical help you could use for any Xero operational problems  2 How can you perform end of financial year rol...
You invented "Dura-Clear windows" that never need washing! Nothing sticks to them - not pollution, pollen, dirt, dust, bird droppings, fingerprints, nothing. You've invested all your own savings, your...
which of the following are true?. 1Which of the following are true with respect to an audit committee? [3 The audit committee is elected by the shareholders. C] The audit committee approves all non-au...
Crystal Exporting Co. is a U.S. wholesaler engaged in foreign trade. The following transactions are representative of its business dealings. The company uses a periodic inventory system and is on a ca...
Response on this summary and what your opinion or expanding points? The provided website needs an investor relations area, which makes it difficult to find vital financial data like the stock price an...
Assume that you are the project manager at Textron Aviation (TXT). Textron Aviation products include corporate and business, personal, and military aircraft. For purposes of this discussion, you have ...
Traditional Performance Round 0 Market Size 8618 Demand Growth Rate 0.092 Now, calculate the Round 1 market size for both the Traditional and Performance segments. Next Year's Market Size = Total Mark...
Need help filling in all these blocks. I am so lost and need help! Thank you for your time!. Prepare a schedule to compute the difference between book value of equity and the value implied by the purc...
Use the expanded accounting equation table:   Security and more is managed by Manuel Ayala. During the month of January the following transactions were recorded:   The company received cash for an o...
please help asap ! thank you !. You are a manager at Northern Fibre. which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office. drops a consult...
Please assist ASAP, thank you ! . You are a manager at Northern Fibre, which is considering expanding its operations in synthetic fibre manufacturing. Your boss comes into your office, drops a cons...
Overview People should understand the impact of different types of risk on financial health, whether they're dealing with personal or corporate finances. The risks for personal finance often only affe...
The following activities occur at the Company that manufactures a variety of products. a. setup cost pools   b. assembly cost pool   c. maintenance cost pool   d. supervising cost pool   e. materi...
Concord Plastics Company deposits all receipts and makes all payments by check.  The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank $59,360 Ad...
The cash account shows a balance of $87000 before reconciliation.  The bank statement does not include a deposit of $5200 made on the last day of the month.  The bank statement shows a collection by...
Need help with this question . .-317 Topic 06 Assignment Question4of4 < -/14 E as. Discontinuance of any division would save 50% of the fixed costs and expenses for that division. Top management ...
1. Explain Amazon Inc free cash flow history  2. What is normalization adjustment ? 3. What are three examples of balance sheet normalization adjustments that might appear on Amazon's balance sheet ...
Meed help with this question . I BUS-317 Topic 06 Assignment X I NWP Assessment Player UI A X A Player G incremental analysis formula X C' I education.wileytcom ml (— BUS-317 Topic 06 Assignment ...
A developer is o↵ering £450,000 fully amortising loans for their properties at 1.8 percent interest for 25 years. The current market rate for 25-year fully amortising loans is 2.25 percent. The pro...
Please support with this:  . Compute selected ratios. E10.10 (Q3), AP Selected hypothetical comparative statement data for the giant bookseller Barnes 8: Noble are presented here. All balance sheet d...
Please Support with this:  . Compute selected ratios. E10.9 ILO 3), AP Lendell Company has these comparative balance Sheet data: Additional information for 2022: 1. Net income was 525,000. 2. Sales o...
Research and find the most recent 10K filing for Home Depot and Lowes  publicly traded merchandising companies. You can search for 10-K annual reports using SEC.gov or by visiting the website of the ...
You have recently joined the accounting firm Morris, Vaillancourt and Gervais, LLP a mid-sized accounting firm. You were first assigned to Canabella Le Blanc, an audit partner. She asked you to comple...
E 17-10 Safe payments schedule The partnership of Dee, Ema, Lyn, and Geo is being liquidated over the first few months of 2016. The trial balance at January 1, 2011, is as follows:             ?...
   Need help with this! not understanding what goes where at all! Thank you!  . Prepare the investment elimination entry made to prepare a consolidated balance sheet workpaper. Any difference betwe...
Tax I Income Tax Return Facts Bobby and Susie Chapman were married on December 31, 2022. They live at 755 Emerald Bay Drive, Rome, Georgia 30000. They want to file a joint income tax return based on t...
Please read this article and answer each question with one paragraph. https://hbr.org/1997/11/strategy-under-uncertainty What did you learn? Do you agree or disagree with the author's arguments? If so...
please insert charts when necessary. thank you for your assistance 1. A firm's bank reconciliation statement shows a book balance of $32,840, a non-interest note collected by the bank of   4,100, out...
Kecubung Berhad is a company whose shares are listed on the Bursa Malaysia. The company is in the business of managing large scale construction projects.   The audit committee has been reviewing the ...
Hardeep Shah has recently been appointed as the new Company Secretary of Teroja Finance Berhad, a company that provides financial advisory services, which has its shares listed on the Bursa Malaysia. ...
Etok Restaurants Sdn. Bhd. (Etok) runs a chain of fast food restaurants which are all in the East Coast Malaysia. The company is wholly owned by the Razin family, and has a Board of directors consisti...
E 17-7 Statement of partnership liquidation The partnership of Ali, Bev, and Cal became insolvent during 2011, and the partnership ledger shows the following balances after all partnership assets have...
please include charts for a better understanding.  thank you for your assistance.   On July 1, Alfred Herron established Herron Commercial Appraisal Services, a firm that provides expert commercial ...
      2.             3.           the pictures display the instructions. to ensure complete understanding please answer all questions. additionally include charts. thank you for the help...
Day Date Weekday Daily Demand Weekend 1 4/25/2016 Mon 297 0   2 4/26/2016 Tue 293 0   3 4/27/2016 Wed 327 0   4 4/28/2016 Thu 315 0   5 4/29/2016 Fri 348 0   6 4/30/2016 Sat 447 1   7 5/1/2016 S...
Please help me with the following question. Reference Hawawini, G., & Viallet, C. (2022).  Finance for executives: Managing for value creation . Cengage Learning.. Evaluating two projects using a...
Housekeeping Homa After graduating from a diploma of business administration in Vancouver, Homa got hired as an executive assistant to Fred, the director of operations at a local tech company. She has...
QUESTION FOUR [30] Cosmic Cals (Pty) Ltd , a seller of personalized scientific calculators, had an inventory of 40 calculators. The value of these calculators is R15 400 each on the 1 January 2022. Du...
On March 1, S. Penman launched AniFoods Inc., an organic foods retailing company. Following are the transactions for its first month of business. 1. S. Penman contributed $140,000 cash to the company ...
INCOME STATEMENT     Particulars   Amount Income   487,000 Sales 485,000   Sales Returns -5,000   Bad Debts Recovered 2,000   Commission Income 5,000         Expenses     Cost of Sales: ?...
What is the company's PROFIT at the break-even point?   BREAK-EVEN ANALYSIS:   DOLLARS FIXED COSTS $1,575,000,000 PRICE PER UNIT $627 VARIABLE COST PER UNIT $213 The contribution margin is: $414 Bre...
.Asphine already has $15,500 saved for a down payment for a house and she plans to save another $400 at the end of each month for the next three years. If she earns 8.4% compounded monthly how large w...
Pharoah Company purchased a depreciable asset for $175700.  The estimated salvage value is $14200, and the estimated useful life is 10 years.  The straight-line method will be used for depreciation....
Sheridan Foundries is improving the pipes in its cupola operations.  The pipes will extend the useful life of its old system of piping.  The old pipe system cost $1410000 and has accumulated depreci...
The following table includes income statement and return on equity calculations for a company contemplating two approaches to financing a $200,000 project.  The first is all equity and the second is ...
please answer. needed asap. please provide table and formula/solutions. thank you     Part B - Case Study You have been asked to design a spreadsheet to record stock on hand (inventory) of mobile ph...
What is the company's revenue at the break-even point?   BREAK-EVEN ANALYSIS:   DOLLARS FIXED COSTS $1,575,000,000 PRICE PER UNIT $627 VARIABLE COST PER UNIT $213 The contribution margin is: $414 Br...
INCOME STATEMENT     Particulars   Amount Income   487,000 Sales 485,000   Sales Returns -5,000   Bad Debts Recovered 2,000   Commission Income 5,000         Expenses     Cost of Sales: ?...
What are the three Stock Valuation Growth Scenarios, that Todd discusses?   Can you give a "real world" stock (NYSE or NASDAQ listed) example of a company's stock that falls into each of these three ...
Toyota - https://www.sec.gov/ix?doc=/Archives/edgar/data/834071/000156459022022408/tmcc-10k_20220331.htm   What does your company produce? Analyze the trends in sales, cost of goods sold, gross profi...
Please look at the attached file and answer the following questions. 1. Did I calculate the Returns correctly?   2. Please teach me how to calculate the covariance from the figures on the Excel. Plea...
hello, can someone please help me with this?  . Allday Fitness Club (AFC) was founded 23 years ago by a married couple, Tejinder and Taranjit Singh, both professional athletes. They had very specific...
Mealmix Berhad (Mealmix) is a FTSE Top 100 Index company in the food delivery business with its shares listed on the Main Market of the Bursa Malaysia. The Board of Mealmix consists of a non-executive...
Marathon Gyms Sdn. Bhd. (Marathon) is a private, unlisted company which operates around 30 gyms in Malaysia. It has a small team of staff at its head office and the rest of its staff are based in the ...
Apple, Inc 10-K Apple Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except number of shares which are reflected in thousands and per share amounts)                            ...
BuyCo, Inc., holds 24 percent of the outstanding shares of Marqueen Company and appropriately applies the equity method of accounting. Excess cost amortization (related to a patent) associated with th...
Topic : Soybeans 1)Who could you sell it to (what organizations might buy it - identify two organizations by name and address)? 2) How is it usually shipped (i.e., mode, unitization, packaging)? What ...
After having viewed the video clips and worked through the extended reading, please respond to the below discussion prompt.  You should post your initial response by the date indicated in the module ...
During the current year, the Town of Falmouth had a number of transactions that affected net position of its town skating rink, which is operated as an enterprise fund. You are provided with the follo...
The different between accounting for specific loan impairment and general provisions of loan impairment is that:  a. They apply to different loans and use different accounting processes.  b. Specifi...
Which of the following is not an other benefit paid by employment insurance?      Farming benefits   Fishing benefit   Sickness benefits   Paternity Leave benefits       In order to receive E...
Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $830,000; Allowance for Doubtful Accounts has a credit balance of $7,500; and sales for the year total $3,7...
Calculate the following ratios for at least two years for the company Johnson and Johnson for year 2022 and 2021 and discuss what you can learn from this. Compare these from year to year and to the in...
  Based on these ratios outline the apparent trends and changes in these ratios, the key risk areas for the audit and the matters that will have to be addressed in the audit plan. Give examples of re...
Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 7 units at $35 $245 Aug. 13 Purchase 20...
Perry loves shopping. When stores reopened last year, she went on a shopping spree. Over a period of 3 days, Perry spent $5,000 on clothes, shoes, and other fashion accessories. However, Perry did not...
Nieman Company purchased merchandise on account from Springhill Company for $10,200, terms 2/10, n/30. Nieman returned merchandise with an invoice amount of $1,600 and received full credit. a.   If N...
a. What if Gas and Diesel prices increase by 60% in year 5 of this scenario (same scenario first 4 years)? b. What happens if fuel prices for CNG are as discussed but Gas and Diesel prices increase by...
Need help with this question below: extremely lost!  . The following balances were taken from the records of Oriole Company: Com mon stock (1/ 1/ 20 and 12/3 1/20) $722,900 Retained earnings 1/ 1/ 20...
Using the company Lowe's 10 k https://otp.tools.investis.com/clients/us/lowes_companies_inc/SEC/sec-show.aspx?Type=html&FilingId=16517483&CIK=0000060667&Index=10000#LOW-20230203_HTM_i6fcd4...
Hyper Looper Commuter Systems Ltd (HLCS) is a company developing high tech transportation systems. HLCS had its initial public offer (IPO) of shares on 10th January 2018. The company had 100,000,000 s...
6) The market portfolio represented by the S&P 500 has a 12% expected return & 20% risk. The risk-free rate = 5% & the investor's risk aversion coefficient A = 2.5.   Use Excel to plot th...
2. Business partners Baliva, Masi, and Romalati have a partnership agreement that outlines a detailed formula for sharing profits and losses. Baliva, Masi, and Romalati earn annual salaries of $60 000...
Pleae give me something new and different to discuss. I am trying to come up with something different in how management could manipulate earning.  Imagine that you have been hired to audit the sales ...
The following data will be used to answer Questions 12-13. On April 28, 2016, St. Jude Medical issued a press release announcing its acquisition by Abbott: "Abbott (NYSE: ABT) and St. Jude Medical, In...
Lesson 2 Discussion Forum Locate a recent annual report for a public company that includes a disclosure note that describes an investment in a trading security. Explain why this company would report t...
Joetta Hernandez is a single parent with two children and earns ​$59,000 a year. Her​ employer's group life insurance policy would pay 2.5 times her salary. She also has ​$78,667 saved in a​ 4...
Ivanhoe Company reported the following information for November and December 2022 November; Cost of goods purchased 537000, Beginning of month inventory-124000, End of month inventory-140200, sales re...
The Steven-Sun Company Canada employs two hourly workers—R. Louis and M. Hyde—as well as a salaried researcher, Dr. Jekyll. Dr. Jekyll is paid every two weeks. Steven-Sun Co. uses the following ta...
The Steven-Sun Company Canada employs two hourly workers—R. Louis and M. Hyde—as well as a salaried researcher, Dr. Jekyll. Dr. Jekyll is paid every two weeks. Steven-Sun Co. uses the following ta...
Which of the following statements is most accurate? Acquirers tend to dislike asset sales because asset sales result in lower GAAP profits due to incremental D&A from write ups. Acquirers tend to ...
          Explain any trends and relate any changes back to the balance sheet and income statement accounts used in the ratio calculation.   2. What does a vertical analysis of the company's gro...
a) Define uncovered interest rate parity (UIP). Derive the equations of UIP in both levels and logs. (5 Marks)  (b) Let the spot rate between the UK and Canada be 3.5 CAD/GBP, and the Canadian 6 mont...
(a) What is the difference between Law of One Price (LOP) and Purchasing Power Parity (PPP)? (5 Marks)  (b) Consider a world that only comprises 3 goods (Good 1, Good 2, Good 3) and 2 countries (Fran...
Not sure how to go about this question.. On January 2, 2020, Bonita Company acquired 90% of the outstanding common stock of Metlock Company for $540,000 cash. Just before the acquisition, the balance ...
Any difference between the value implied by the purchase price of the investment and the book value of net assets acquired relates to subsidiary land. The book values of R Company's other assets and l...
During 2005, eBay acquired four different companies. In the schedule below, the acquired companies are listed with the aggregate purchase price and with the estimated acquisition-related costs (dollar...
Método del valor de ventas en el punto de separación y método de valor neto realizable  La empresa "TODO FRESCO EXCEPTO EL POLLO" compra aves para procesarlas y distribuirlas para consumo humano. ...
Foro *Área 205* - Sociedades - Propiedad Sujeta a Gravamen Guillermo, socio de M & M Group, transfirió un apartamento de playa valorado en $180,000 sujeto a gravamen por $40,000 a cambio de inte...
From the perspective of a Wall Street analyst or portfolio manager, interpret the following hypothetical statements: "Bank D's biggest mistake was that it did not consider that its forecasts of a stro...
Financial accouting  . Transaction Assets Liabilities Owner's Equity Paid $200 cash for maintenance expense. —200 —200 1] The owner invested $6,660 cash into the business. '6660 6660 2] Paid $4...
Q. Presented below is information for Crane Company for the month of January 2025. Cost of goods sold 208,860  Freight out 8,700  Insurance expenses 14,200  Salaries and wages expenses 63,800  Inc...
fill in the blanks. Revenues Expenses Net earnings Dividends declared Retained earnings: Beginning of year End ofyear Total assets: Beginning of year End ofyear Total Liabilities: Beginning of year En...
  2.    3.    PLEASE MENTION ANSWERS CLEARLY. THANK YOU.. 15. More on the time value of money Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawye...
Calculating Direct Materials Cost Variance, you can see that the actual costs are higherlowerhigher than standard and the actual quantity purchased and used is higherlessless than standard. The two va...
On January 1, Year 10, Company A  and Company B  formed a new joint venture, Company C. Company A contributed equipment with a book value of $900,000 and a fair value of $2,100,000 for a 50% interes...
Please analyze and answer the Chapter 11 Objective Question #17 "National State Bank" (p295) using Excel (an Excel template file is enclosed).   The National State Bank is trying to make sure it has ...
Here are selected 2022 transactions of Cheyenne Corp. Jan 1   Retired a piece of machinery that was purchased on January 1, 2022.  The machine cost $64,400 and had a useful life of 10 years with no ...
I need all the answer. You work for a leveraged buyout firm and are evaluating a potential buyout of UnderWater Company. UnderWater's stock price is $19 and it has 2.00 million shares outstanding.Y...
I need all the answer. Three years ago, you founded your own company. You invested $100,000 of your own money and received 5.0 million shares of Series A preferred stock. Your company has since been t...
It was 30 June 2021 and furniture manufacturer, Dysoft Global Bhd is having an Extraordinary General Meeting. Ali is the single largest shareholder with a 25% stake in Dysoft Global. He is also the no...
Delta Ray Brands Corp. just completed their  latest fiscal year. The firm had sales of $16,605,000. Depreciation and  amortization was $846,700, interest expense for the year was $837,700, and  sel...
Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,719, accounts payables worth $4,160,429, in...
Trevi Corporation recently reported an EBITDA of $31,800 and $9,700 of net income. The company has $6,900 interest expense, and the corporate tax rate is 35 percent. What was the company's depreciatio...
Drawing on module themes and content across the module, Discuss the following statement:   'If women are to have better financial well-being in later life, and reduce potential financially related ge...
Each week's lessons learned has two objectives.  The first objective is for you to discuss one or more of the key topics raised during the week that intrigued you, surprised you or had the most rel...
Summarise the following 4 identified considerations relating to cyber security management. Your response should consider computerised files, records, and data of a financial organisation. 1. Data 2. M...
Pacific Ltd exports gold statuettes to Los Angeles. Which of the following conditions would cause Pacific Ltd to be exposed to USD currency risk? A[ ] B[ ] C[ ] D[ ] Pacific Ltd nominates USD as its f...
Question: Review the audit report of the 2022 financial report provided below. State what type of opinion was expressed for the company? Are there any additional sections or paragraphs indicating any ...
1.    2.       Please comment if you need any information. Thank you.  . Attempts Score 1' 2 5. Profitability ratios Profitability ratios help in the analysis of the combined impact of liquidit...
Submit a draft of your comparative systems report. Compare and contrast electronic data processing (EDP) systems used by Trinity Industries with those in the marketplace. Using substantive testing, au...
This week's written assignment will be a continuation of  your prior research assignments, so it should include your fork from prior weeks with any edits based on feedback.  This week you will build...
Crane Company is considering the acquisition of Swifty, Inc. To assess the amount it might be willing to pay, Crane makes the following computations and assumptions.   Swifty, Inc. has identifiable a...
Inflation in Australia has picked up significantly and by more than expected. Over the year to September 2022, the consumer price inflation rate was 7.3 per cent, the highest it has been in more than ...
This may require one to use @RSIK in excel. The excel file is small so i screenshot the data from the excel file for part 2. Please don't say information is missing I really need help and the question...
The price of a European put option is 1.20 euros. The underlying asset has a spot price of 20, and the exercise price of this option is 18. The option expires in three months. The risk-free rate is 1%...
Based on the movie "The Circle", answer the following questions:   •Identify the ethical issue and characterize the ethical culture in the company referred to in the case study in terms of values, ...
For the most recent fiscal year, Carmichael Hobby Shop recorded EBITDA of $512,725.20,  EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $348,461.25.?...
Can you please let me know if the last two charts (Adjusted) charts are correct?   Below is an Unadjusted  Income Statement   and   an Unadjusted Balance Sheet for the first year of a hypothetical...
Executive compensation is a frequent topic in the media today. From an auditor's perspective, executive compensation is an important consideration when it is time to develop the audit plan and audit s...
Problem 10-20 (Static) Required: Fill in the table below for the following zero-coupon bonds, all of which have par values of $1,000. Assume annual compounding. (Do not round intermediate calculations...
Cgwa receives 1,500,000 in cash associated with a donor-restricted pledge made in the prior year. At this point all restriction have been deemed to have been met. Therefore in addition to the entry to...
Please help answer. (To record change in value of bonds) (To record the declaration of dividends}. Prepare the required journal entries for the fol lowing un related items. [List a" debit entries be...
Executive compensation is a frequent topic in the media today. From an auditor's perspective, executive compensation is an important consideration when it is time to develop the audit plan and audit s...
Swifty corporation purchased a new machine on October 1, 2022 at a cost of $115,000  The company estimated that the machine will have a salvage value of $10,500.  The machine is expected to be used ...
You are a senior auditor with Rodriguez & Jones , a small auditing firm located in Canterbury, an eastern suburb of Melbourne, Victoria. Your team has been assigned to the audit of a new client, M...
a) "All tranches in an ABS have the same risk exposure." Discuss critically if this statement is true or false. (10 Marks)  b) Discuss the main differences between hedge funds and mutual funds. (10 M...
A company must establish business objectives. The company uses various business strategies, processes, and tools to achieve its goals. A key performance indicator (KPI) is a measure that aligns with a...
When Mary Potts arrived at her store on the morning of January 29, she found empty shelves and display racks; thieves had broken in during the night and stolen the entire inventory. Accounting records...
What are the three Stock Valuation Growth Scenarios, that Todd discusses?   Can you give a "real world" stock (NYSE or NASDAQ listed) example of a company's stock that falls into each of these three ...
Q1) Ivan deposited $2000 in a bank account that pays 4.8% annually and compounds monthly. How much money can Ivan expect to earn in interest if the certificate of deposit is for 12 months?   Q2) The ...
  Answer the following questions based on the accompanying diagram in the pic . Answer the following questions based on the accompanying diagram: Price (8) 20 18 16 14 12 1O N-hO'! 1 2 3 4 5 6 7 Qua...
ACCT6004 CPA Financial Accounting Assignment and Marking Guide (20%) b. Annual report assessment  You are required to select an annual report of an Australian listed company and evaluate accounting p...
Please help me reply to these two students posts. I added the discussion overview to make it easier for you and below I added the two students posts.      Student post #1    I believe Jeffrey's d...
ACCT6004 CPA Financial Accounting Assignment and Marking Guide (20%)     b. Annual report assessment You are required to select an annual report of an Australian listed company and evaluate accounti...
Please explain to me how to answer the following questions. (correct answers and reasons)   1. The principle of diversification tells us that: A. concentrating an investment in three companies all wi...