Financial Accounting

1. How do these changes impact the decision to process or not process further? I

1. How do these changes impact the decision to process or not process further? I just need help with this last portion above ^^ Thank you!! P7-3A Determine if product should be so…

1. How does QuickZoom which is a feature from QuickBooks help you further invest

1. How does QuickZoom which is a feature from QuickBooks help you further investigate an income statement? What elements of an income statement are likely to require additional in…

1. How does administrative responsibility contribute to the attainment of public

1. How does administrative responsibility contribute to the attainment of public interest? 2. Explain the pros and cons of the polotics-admonistration dichotomy as espoused by Woo…

1. How does the Cost of Goods Sold section of the income statement differ betwee

1. How does the Cost of Goods Sold section of the income statement differ between merchandising and manufacturing companies? EX.18-5; CONCEPTS AND TERMINOLOGY; a. Advertising cost…

1. How does the profit maximization condition for a monopoly differ from that fo

1. How does the profit maximization condition for a monopoly differ from that for a perfectly competitive firm? How does this difference impact efficiency under each market struct…

1. How has the distribution of income in the United States changed between 1929

1. How has the distribution of income in the United States changed between 1929 and the present? A) Year after year, the distribution of income has generally become more equal. B)…

1. How has the industry in which Nike resides been doing over the last 5 years?

1. How has the industry in which Nike resides been doing over the last 5 years? 2. What are the pros, cons, and risks associated with Nike’s core marketing strategy? How have they…

1. How have laws, public polic, and public opinion changed over time? Consider t

1. How have laws, public polic, and public opinion changed over time? Consider the influences of employers, unions, legislatirsm judges, and new media. 2. What ultimate form did t…

1. How is the company doing in each of the categories from above? 2. In which ar

1.   How is the company doing in each of the categories from above? 2.       In which areas is the company doing particularly well or improving significantly? 3.       In which ar…

1. How many items will be sold? What will the price/unit be? What will profit be

1. How many items will be sold? What will the price/unit be? What will profit be? What will average cost/unit be? 2. Is the market in equilibrium? 3. There are 24 firms in the mar…

1. How many shares of preferred stock have been issued? (Enter you answer in tot

1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.) 2. How many shares of common stock have been issued? (Enter…

1. How much money does Samantha need now to fund her travels? 2. After checking

1. How much money does Samantha need now to fund her travels? 2. After checking with a number of banks, Samantha learns she'll be able to invest her funds only at 6%. How much doe…

1. How much pension expense (revenue) did Verizon report it its 2012 Income Stat

1. How much pension expense (revenue) did Verizon report it its 2012 Income Statement? 2. What approximate rate of return did Verizon use in the expected return calculation for 20…

1. How much will you have accumulated over a period of 5 years if, in an IRA whi

1. How much will you have accumulated over a period of 5 years if, in an IRA which has a 10% interest rate compounded biannually, you annually invest: A. $1 B. $500 C.$1200 D. Par…

1. Hsung Company accumulates the following data concerning a proposed capital in

1. Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $203,200, net annual cash flows $35,000, and present value factor of cash inflo…

1. Huge, Inc. has many divisions that are evaluated on the basis of ROI. One div

1. Huge, Inc. has many divisions that are evaluated on the basis of ROI. One division, Alpha, makes boxes. A second division, Beta, makes candy and needs 50,000 boxes per year. Al…

1. Human Rescources (hires employees and manages benefits) 2. Duplication ( perf

1. Human Rescources (hires employees and manages benefits) 2. Duplication ( performs copy services) 3. Janitorial (provides routine cleaning service) 4. Accounting ( provides acco…

1. Hurst Company manufactures and sells a single product. Price and cost data fo

1.  Hurst Company manufactures and sells a single product.  Price and cost data for this product are as follows: Selling price / unit   $ 40.00 Variable manufacturing costs / unit…

1. Husky Company maintains a defined benefit pension with First Hartford Trust.

1.       Husky Company maintains a defined benefit pension with First Hartford Trust. Below are the balances reported by First Hartford on January 1, 2017: Plan Benefit Obligation…

1. I am sitting next to a man with whom Adele conld have had it all, but who now

1. I am sitting next to a man with whom Adele conld have had it all, but who now does not return her calls even though she must've called a thousand times. These phone calls are a…

1. I need $ 120,000 five years from now. I can invest at 12%. If I have to inves

1.     I need $ 120,000 five years from now. I can invest at 12%. If I have to invest some amount now, how much do I need to invest?<?xml:namespace prefix = o ns = "urn:schemas…

1. IBM was mentioned in the chapter as having an uneven performance. Let’s check

1. IBM was mentioned in the chapter as having an uneven performance. Let’s check this out. Go to its website, www.ibm.com, and follow the steps below. Under “Information for” at t…

1. INTERNAL CONTROLS AND RISK Review the following description of the purchasing

1. INTERNAL CONTROLS AND RISK Review the following description of the purchasing and AP procedures for a company questions at the end. The purchasing agent receives an inventory s…

1. Identification of the relevant facts of the case. 2. Identification of the ta

1. Identification of the relevant facts of the case. 2. Identification of the tax issues/questions. 3. Discussion of the rules uncovered in research relevant to the case. Identify…

1. Identify supermarket/grocery market to discuss for this discussion thread. 2.

1. Identify supermarket/grocery market to discuss for this discussion thread. 2. What departments within the market tend to be co-located (adjacent to one another)? Do you believe…

1. Identify the risks and 2. Internal control procedure(s) to mitigate the risk

1. Identify the risks and 2. Internal control procedure(s) to mitigate the risk Characteristics of the Organization - A small non-profit organization that provides housing for you…

1. Identify the three categories of the accounting equation, and list at least f

1. Identify the three categories of the accounting equation, and list at least four accounts associated with each category purpose of the chart of accounts? Explain the numbering …

1. Identify the type of costs as either a capital or revenue expenditure for the

1. Identify the type of costs as either a capital or revenue expenditure for the Martinez Company. Martinez Company purchased a machine on January 1, 2014. In addition to the purc…

1. Identify whether each transaction below is an operating, investing or financi

1. Identify whether each transaction below is an operating, investing or financing activity. Assume the indirect method. Identify the letter and put O (Operating), I (Investing) o…

1. Identifying appropriate cost accounting systems Aa Aa A cost accounting syste

1. Identifying appropriate cost accounting systems Aa Aa A cost accounting system captures the cost to manufacture a product. Companies select cost accounting systems based on the…

1. If $500 is invested at an annual interest rate of 8% years will be most nearl

1. If $500 is invested at an annual interest rate of 8% years will be most nearly A.$1,200 B.$1,700 C.S5,031 D.$15,000 per year, its future worth at the end of 30 2. A corporation…

1. If $600 is invested at 8% for three years compounded monthly, what interest i

1. If $600 is invested at 8% for three years compounded monthly, what interest is earned? 2..If you borrow $7500 for six months at 4% simple interest, how much money must you repa…

1. If Company A has a debt-to-assets ratio of 0.73 while Company B has a debt-to

1. If Company A has a debt-to-assets ratio of 0.73 while Company B has a debt-to-assets ratio of 0.45, which of the following statements is correct? A. Company A must make less pr…

1. If Jason accepts the special order, by how much will his income increase or d

1. If Jason accepts the special order, by how much will his income increase or decrease 2. What are some of the qualitative reasons why Jason might want to accept or decline the s…

1. If a US company has net cash outflows in a foreign currency, which of the fol

1. If a US company has net cash outflows in a foreign currency, which of the following is false? (A) The US company would benefit from a drop-in value of the foreign currency. (B)…

1. If a bank has a reserve ratio of 8 percent, then a. government regulation req

1. If a bank has a reserve ratio of 8 percent, then a. government regulation requires the bank to use at least 8 percent of its deposits to make loans. b. the bank’s ratio of loan…

1. If a business had sales of $4,000,000 and a margin of safety of 20%, the brea

1. If a business had sales of $4,000,000 and a margin of safety of 20%, the break-even point was: a). $5,000,000 b). $3,200,000 c). $12,000,000 d). $1,000,000 2. Consider the foll…

1. If a capital expenditure is treated as a revenue expenditure, then: (Points :

1. If a capital expenditure is treated as a revenue expenditure, then: (Points : 1) expenses are overstated and owners' equity is understated expenses are overstated and assets ar…

1. If a company applies overhead to jobs on the basis of a predetermined overhea

1. If a company applies overhead to jobs on the basis of a predetermined overhead rate, which of the following is true if the manufacturing overhead account at the end of any peri…

1. If a company’s Assets are $159,000 and Liabilities are $27,000, then Equity i

1. If a company’s Assets are $159,000 and Liabilities are $27,000, then Equity is____________. 2. If a company’s Liabilities are $51,000 and Equity is $69,000, then the Assets is …

1. If a firm has $6.5 million in debt, $27.8 million in equity, a tax rate of 35

1. If a firm has $6.5 million in debt, $27.8 million in equity, a tax rate of 35%, and pays 7% interest on debt, what is the firm's PV of the interest tax shields? 2. The unlevere…

1. If a fixed asset with an original cost of $18,000 and accumulated depreciatio

1. If a fixed asset with an original cost of $18,000 and accumulated depreciation of $12,000 is sold for $15,000, the company must (Points : 2) recognize a loss on the income stat…

1. If a gain of $7,266 is realized in selling (for cash) office equipment having

1. If a gain of $7,266 is realized in selling (for cash) office equipment having a book value of $54,579, find the total amount reported in the cash flows from investing activitie…

1. If a perfectly competitive firm finds that the price exceeds its ATC ?, then

1. If a perfectly competitive firm finds that the price exceeds its ATC?, then the firm A. is earning an economic profit. B. will lower its price to increase its economic profit. …

1. If a production assembly line bottlenecks at the packaging station, managemen

1. If a production assembly line bottlenecks at the packaging station, management should apply the Lean approach. Agree or Disagree Agree. Management should cut down the length of…

1. If a production assembly line bottlenecks at the packaging station, managemen

1. If a production assembly line bottlenecks at the packaging station, management should apply the Lean approach. Answer Agree. Management should cut down the length of waiting li…

1. If a project has a positive net present value, its internal rate of return wi

1. If a project has a positive net present value, its internal rate of return will exceed the firm's hurdle rate. true or false 2.If the net present value for a capital investment…

1. If a taxpayer works for two separate employers, how much in FUTA taxes is eac

1. If a taxpayer works for two separate employers, how much in FUTA taxes is each employer responsible to remit in the name of the taxpayer? (Points : 1)       Only the first empl…

1. If activity is higher than expected, total variable costs should be higher th

1. If activity is higher than expected, total variable costs should be higher than expected. If activity is lower than expected, total variable costs should be lower than expected…

1. If an adjusting entry was made to record the December unpaid portion of salar

1.         If an adjusting entry was made to record the December unpaid portion of salaries expense of $770, the reversing entry would be a.   debit salaries expense and credit sa…