Financial Accounting

1. What are the strengths and weaknesses of starbucks international? 2. what are

1. What are the strengths and weaknesses of starbucks international? 2. what are the opportunities and threats facing starbucks? 3. what are the strategic factors facing starbucks…

1. What are the three major objectives of budgeting? 2. Briefly describe the typ

1. What are the three major objectives of budgeting? 2. Briefly describe the type of human behavior problems that might arise if budget goals are set too tightly or too loosely. 3…

1. What are the three primary reasons of using a standard cost system? In a busi

1. What are the three primary reasons of using a standard cost system? In a business that routinely manufactures the same products or performs the same services, why are standards…

1. What are the total budgeted costs for each activity and the total budgeted in

1. What are the total budgeted costs for each activity and the total budgeted indirect cost for March 2018 ? 2. What are the benefits of using a Kaizen approach to budgeting? What…

1. What are the total deductions reported on Form 1120, line 27? a. $40,990 b. $

1. What are the total deductions reported on Form 1120, line 27? a. $40,990 b. $ 42,740 c. $ 42,990 d. 44,740 2. what is the gross profit for the Beard Corporation? a. $85,785 b. …

1. What are the two basic requirements of an internal control system? 4. Explain

1. What are the two basic requirements of an internal control system? 4. Explain what separation of record-keeping from control of assets means and why you would use it. 5. Explai…

1. What are the two ways that a company can obtain new products? a. New-product

1. What are the two ways that a company can obtain new products? a. New-product development and acquisition b. Line extension and brand management c. Market mix modifi cation and …

1. What characteristics distinguish nonbusiness organizations from profit-orient

1. What characteristics distinguish nonbusiness organizations from profit-oriented enterprises? 2. Define a fund as the term is applied in accounting for the activities of governm…

1. What document does a customer receive when goods are retuned? a. purchase ord

1. What document does a customer receive when goods are retuned? a. purchase order b. credit memo c. debit memo d. receiving report e. bill of lading 2. In order to maintain contr…

1. What does it mean when investing activities are reported on the Statement of

1. What does it mean when investing activities are reported on the Statement of Cash Flows? Provide three examples of investing activities 2. What does it mean when financing acti…

1. What does the phrase, “Revenue is recognized when earned” mean? a. Revenue is

1.      What does the phrase, “Revenue is recognized when earned” mean? a.      Revenue is recorded in the accounting records and reported when the cash is received from the custo…

1. What does the term s*Y represent in the capital-accumulation equation of Solo

1. What does the term s*Y represent in the capital-accumulation equation of Solow growth model? a) The labor-income share of GDP. b) Net investment. c) Gross investment. d) The ne…

1. What factors might cause a facility to call in its bond? Name at least two. 2

1. What factors might cause a facility to call in its bond? Name at least two. 2. What are the disadvantages to a tax-paying entity in issuing debt as opposed to equity? 3. Use th…

1. What features of an accounting information system should be part of the requi

1. What features of an accounting information system should be part of the requirement specifications? and cash sub-system. three examples. Provide two examples of data that would…

1. What features of an accounting information system should be part of the requi

1. What features of an accounting information system should be part of the requirement specifications? and cash sub-system. three examples. Provide two examples of data that would…

1. What features of an accounting information system should be part of the requi

1. What features of an accounting information system should be part of the requirement specifications? and cash sub-system. three examples. Provide two examples of data that would…

1. What information does the Income Statement, Balance Sheet and Cash Flow State

1.  What information does the Income Statement, Balance Sheet and Cash Flow Statement provide to various users? Why is the Income Statement constructed first and the Cash Flow Sta…

1. What internal control principles does it appear where violated at Netflix? 2.

1. What internal control principles does it appear where violated at Netflix? 2. how makes Netflix have designed its internal processes differently to avoid the situation that aro…

1. What internal control procedure(s) would be most effective in preventing the

1.     What internal control procedure(s) would be most effective in preventing the following errors or fraudulent acts? a.     A programmer obtained the payroll master file and i…

1. What internal control procedure(s) would be most effective in preventing the

1.     What internal control procedure(s) would be most effective in preventing the following errors or fraudulent acts? a.     A programmer obtained the payroll master file and i…

1. What is Cove Farms\' net worth/owner equity as of September 16, 2017? 2. How

1. What is Cove Farms' net worth/owner equity as of September 16, 2017? 2. How much working capital does Cove Farms have as of September 16, 2017 3. What is Cove Farms' current ra…

1. What is Robert\'s realized and recognized income in 2016 $40,000 realized inc

1. What is Robert's realized and recognized income in 2016 $40,000 realized income based on the value of the land increase in 2016 and $o recognized gain because Robert did not se…

1. What is an uncollectible account and when does it become uncollectible. 2. Wh

1. What is an uncollectible account and when does it become uncollectible. 2. What are the different methods for accounting for uncollectible accounts? 3. What is the journal entr…

1. What is last year’s margin? 2. What is last year’s turnover? Required informa

1. What is last year’s margin? 2. What is last year’s turnover? Required information The Foundational 15 [LO11-1, L011-2] The following information applies to the questions displa…

1. What is meant by a \'purely dominant strategy\' in game theory? a) A strategy

1. What is meant by a 'purely dominant strategy' in game theory? a) A strategy that is sure to lead to a 'dominant' market share. b) A strategy that is certain to win. c) A strate…

1. What is meant by the term decentralization? What benefits result from decentr

1. What is meant by the term decentralization? What benefits result from decentralization? 2. Distinguish between a cost center, a profit center, and an investment center. 3. In w…

1. What is ordinarily the first step in the formation of a corporation? a. Devel

1.         What is ordinarily the first step in the formation of a corporation? a.   Development of by-laws for the corporation b.   Issuance of the corporate charter c.   Applica…

1. What is standard cost? A. The total number of units times the budgeted amount

1. What is standard cost? A. The total number of units times the budgeted amount expected B. Any amount that appears on a budget C. The total amount that appears on the budget for…

1. What is the Company\'s Return on Asset for 2017 and 2016 2. What is the Compa

1. What is the Company's Return on Asset for 2017 and 2016 2. What is the Company's Return on Investment for 2017 and 2016 THE GEO GROUP, INC. CONSOLIDATED BALANCE SHEETS December…

1. What is the Compound Annual Growth Rate of Revenue over the entire reporting

1. What is the Compound Annual Growth Rate of Revenue over the entire reporting period? (answer in percent to 0.9% 2. By what percent did revenue grow in 2016? (answer in percent,…

1. What is the Trump administration’s concerns with the economy and trade in par

1. What is the Trump administration’s concerns with the economy and trade in particular? 2.Many of the proposed trade restrictions are designed for China. What are the concerns wi…

1. What is the amount of Net Sales that ABC would report on its Income Statement

1. What is the amount of Net Sales that ABC would report on its Income Statement? $3,000,000 $2,920,000 $3,200,000 $2,970,000 2. What is the amount of Gross Profit that ABC would …

1. What is the amount of capital in excess of par? 2. What was the amount of ret

1. What is the amount of capital in excess of par? 2. What was the amount of retained earnings at the beginning of the year? 3. How many shares are in treasury stock? 4. Compute e…

1. What is the amount of income from continuing operations before income taxes?

1. What is the amount of income from continuing operations before income taxes? 2. What is the amount of the income taxes expense? 3. What is the amount of income from continuing …

1. What is the amount of income to be reported by Mr. X in Year 2 under the cash

1. What is the amount of income to be reported by Mr. X in Year 2 under the cash method of accounting for the following items? Check for $1,200 received January 4, Year 2, for ser…

1. What is the amount of income to be reported by Mr. X in Year 2 under the cash

1. What is the amount of income to be reported by Mr. X in Year 2 under the cash method of accounting for the following items? 1.    Check for $1,200 received January 4, Year 2, f…

1. What is the amount of standard deduction for Abigail Abrams in 2015, a divorc

1. What is the amount of standard deduction for Abigail Abrams in 2015, a divorced parent (age 67) who is not blind and fully supports her ten-year-old granddaughter? 2. Max Moore…

1. What is the amount of the net increase or decrease in cash and cash equivalen

1. What is the amount of the net increase or decrease in cash and cash equivalents that would be shown on the company’s statement of cash flows? 2. What net income would the compa…

1. What is the amount of the payments that Alan Winslow must make at the end of

1. What is the amount of the payments that Alan Winslow must make at the end of each of 10 years to accumulate a fund of $97,300 by the end of the 10th year, if the fund earns 10%…

1. What is the amount of the repayment of bank loan and the I nterest on bank lo

1. What is the amount of the repayment of bank loan and the I nterest on bank loan 2. What is the amount of the interest on short-term bank loan? 3. What is the net income amount?…

1. What is the capitalized value of an infinite series of $1,000 biennial (every

1. What is the capitalized value of an infinite series of $1,000 biennial (every two years) payments? MARR = 10% $4,950 $4,025 $4,350 $4,762 2. Frank West Enterpises would like to…

1. What is the company\'s Contribution margin ratio? 2. What is the company\'s b

1. What is the company's Contribution margin ratio? 2. What is the company's break-even in units? 3. If sales increase by 100 units, by how much should net operating income increa…

1. What is the company’s plantwide overhead rate per DLH? 2. Using the plantwide

1. What is the company’s plantwide overhead rate per DLH? 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? 3. Wh…

1. What is the company’s plantwide overhead rate? 2. Using the plantwide overhea

1. What is the company’s plantwide overhead rate? 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? 3. What is th…

1. What is the company’s predetermined overhead rate? (Round your answer to 2 de

1. What is the company’s predetermined overhead rate? (Round your answer to 2 decimal places.) 2. How much manufacturing overhead was applied to Job P and Job Q? (Round your inter…

1. What is the cumulative amount of income tax savings that Manzanita has genera

1. What is the cumulative amount of income tax savings that Manzanita has generated through 2014 by using the LIFO method instead of the FIFO method? 2. Calculate the inventory tu…

1. What is the difference between a merger and a consolidation? 2. Why might the

1. What is the difference between a merger and a consolidation? 2. Why might the portfolio effect of a merger provide a higher valuation for the participating firms? 3. What is th…

1. What is the difference between inventory and cost of goods sold? Cost of good

1. What is the difference between inventory and cost of goods sold? Cost of goods sold and sales revenue? 2. Is gross profit an account? 3.   Comstock Company counted their invent…

1. What is the difference between the dissolution of a partnership and the liqui

1. What is the difference between the dissolution of a partnership and the liquidation o he liquidation of partnership property? 2. Why would the members of a partnership elect to…

1. What is the ethical issue? What are my options? What are the possible consequ

1. What is the ethical issue? What are my options? What are the possible consequences? 2. Refer to the IMA’s Statement of Ethical Professional Practice. List the four broad areas …