Financial Accounting

You are the audit manager of ChefNZ Ltd, a large company, which runs a number of

You are the audit manager of ChefNZ Ltd, a large company, which runs a number of select gourmet restaurants throughout New Zealand. During the planning phase for the current year …

You are the audit manager of Chestnut & Co and are reviewing the key issues iden

You are the audit manager of Chestnut & Co and are reviewing the key issues identified in the files of two audit clients. Palm Industries Co (Palm) Palm’s year-end was 31 Marc…

You are the audit senior on the audit engagement of Brown’s Farm Produce. You ha

You are the audit senior on the audit engagement of Brown’s Farm Produce. You have assigned the role of identifying subsequent events for this audit client to Brian Peters who is …

You are the auditor for Konerko\'s Office Supply Store, which is opening for bus

You are the auditor for Konerko's Office Supply Store, which is opening for business next week. The store owner has established all the controls you have recommended for ensuring …

You are the auditor of Browning, Inc., a manufacturer of plastic products. In re

You are the auditor of Browning, Inc., a manufacturer of plastic products. In reviewing the balance sheet of the company, you notice several receivables from the officers of the c…

You are the beneficiary of a life insurance policy. The insurance company inform

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving the insurance proceeds. You can receive a lump sum of…

You are the bookkeeper for \"Refers are us.\" Your company repairs and restores

You are the bookkeeper for "Refers are us." Your company repairs and restores old refrigerators. Your clients are typically older individuals that have an interest in keeping thei…

You are the budget manager in your company. The board of directors has asked you

You are the budget manager in your company. The board of directors has asked you to prepare a budget for the next six months. You are required to prepare this assignment in excel.…

You are the chief accountant for ZM Corp., which is located in Illinois. In Nove

You are the chief accountant for ZM Corp., which is located in Illinois. In November 2017, that state had the second highest unemployment rate in the Midwest: 4.9% (down from 6.1%…

You are the chief accountant for ZM Corp., which is located in Illinois. In Nove

You are the chief accountant for ZM Corp., which is located in Illinois. In November 2017, that state had the second highest unemployment rate in the Midwest: 4.9% (down from 6.1%…

You are the chief negotiator for Country M in working out the terms of an invest

You are the chief negotiator for Country M in working out the terms of an investment by Acme International (“Acme”), a U.S. corporation. The investment will be made through Subsid…

You are the construction accountant for an organization, and management is unsur

You are the construction accountant for an organization, and management is unsure of the manner in which it should record interest cost during the construction of a new building t…

You are the controller at Star Wars, Inc. you must Create Journal Entries for th

You are the controller at Star Wars, Inc. you must Create Journal Entries for the following transactions. On Dec. 1 Paid off balance of $45,800 owed to Ewok Inc. No discount appli…

You are the controller at Star Wars, Inc. you must Create Journal Entries for th

You are the controller at Star Wars, Inc. you must Create Journal Entries for the following transactions. 1. On Dec. 17 Paid off purchase from Dec. 10 to Land Speeder Inc. 2. On D…

You are the controller for 21st Century Technologies. Your staff has prepared an

You are the controller for 21st Century Technologies. Your staff has prepared an income statement for the current year and has developed the following additional information by an…

You are the controller for ABC Corp. ABC has computer equipment that was purchas

You are the controller for ABC Corp. ABC has computer equipment that was purchased several year ago for a large sum of money. The lead engineer has said that the computer equipmen…

You are the controller for ABC Home Media. During the beginning of January 2017,

You are the controller for ABC Home Media. During the beginning of January 2017, when the company was adjusting and closing the accounting records for the calender year, you were …

You are the controller of a chain of dry-cleaning establishments. You are comput

You are the controller of a chain of dry-cleaning establishments. You are computing the return on investment for each outlet. Outlet A, located in a city core, reported a net prof…

You are the controller of a chain of? dry-cleaning establishments. You are compu

You are the controller of a chain of? dry-cleaning establishments. You are computing the return on investment for each outlet. Outlet? A, located in a city? core, reported a net p…

You are the controller of the Claire Underwood Corporation. On January 1, 2018,

You are the controller of the Claire Underwood Corporation. On January 1, 2018, after the 2017 fiscal year has ended, you have the following information in front of you: December …

You are the director of a Washington, D.C., think tank focusing on tax and econo

You are the director of a Washington, D.C., think tank focusing on tax and economic policy issues. You were recently (and informally) contacted by staff of the Congressional Joint…

You are the director of a Washington, D.C., think tank focusing on tax and econo

You are the director of a Washington, D.C., think tank focusing on tax and economic policy issues. You were recently (and informally) contacted by staff of the congressional joint…

You are the financial manager of SAC (Pty) Ltd, a manufacturing company. The pro

You are the financial manager of SAC (Pty) Ltd, a manufacturing company. The production manager approaches you to assist him in motivating the purchase of a new production injecti…

You are the financial planner for Johnson Controls. Assume last year’s profits w

You are the financial planner for Johnson Controls. Assume last year’s profits were $750,000. The board of directors decided to forgo dividends to stockholders and retire high-int…

You are the founder and CEO of Vaporware Inc., a developer of systems enabling t

You are the founder and CEO of Vaporware Inc., a developer of systems enabling the wireless charging of batteries in small portable devices. Your product, which is a small circuit…

You are the general accountant for Blue Computers, Inc., a typing service based

You are the general accountant for Blue Computers, Inc., a typing service based in San Diego, California. The company has decided to upgrade its equipment. It currently has a wide…

You are the general accountant for Parker Systems, Inc., a typing service based

You are the general accountant for Parker Systems, Inc., a typing service based in Los Angeles, California. The company has decided to upgrade its equipment. It currently has a wi…

You are the general accountant for SuperComputer Systems, Inc., a typing service

You are the general accountant for SuperComputer Systems, Inc., a typing service based in San Diego, California. The company has decided to upgrade its equipment. It currently has…

You are the head accountant at a Company. One of your main duties is verifying t

You are the head accountant at a Company. One of your main duties is verifying the existence of the fixed asset accounts. There has been increased employee turnover in several dep…

You are the head of Company AAA, which manufactures biomedical products. You are

You are the head of Company AAA, which manufactures biomedical products. You are currently using a two-year-old system for the mixing, granulation and drying processes. They are c…

You are the head of Company AAA, which manufactures biomedical products. You are

You are the head of Company AAA, which manufactures biomedical products. You are currently using a two-year-old system for the mixing, granulation and drying processes. They are c…

You are the manager in charge of Yoda Medical Center, a fine hospital on the far

You are the manager in charge of Yoda Medical Center, a fine hospital on the far moon of Endor!   Currently you are spending $14000.00 per month renting an industrial washer and d…

You are the manager of Compounders Ltd. The company mixes compound for smaller p

You are the manager of Compounders Ltd. The company mixes compound for smaller plastic extrusion companies. Compounders Ltd has six (6) mixing machines with a maximum capacity (10…

You are the manager of a firm that receives revenues of $40,000 per year from pr

You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is -1…

You are the manager of a local sporting goods store and recently purchased a shi

You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost of $25,000 (your wholesale supplier would…

You are the manager of the Forever Feed The World (FFTW) relief organization, wh

You are the manager of the Forever Feed The World (FFTW) relief organization, which works with a coalition of countries to help provide corn, wheat, and other food staples to coun…

You are the manager responsible for the audit of Vero & Eve Co Ltd, a manufactur

You are the manager responsible for the audit of Vero & Eve Co Ltd, a manufacturing company with a year ending, 31st December 2017. The audit work has been completed and revie…

You are the money manager of a $2 million dollar portfolio. The portfolio consis

You are the money manager of a $2 million dollar portfolio. The portfolio consists of 4 stocks with an equal investment in each one. The betas of the 4 stocks are 1.25, -1.75, 1.0…

You are the money manager of a 5 stock portfolio with the following investment a

You are the money manager of a 5 stock portfolio with the following investment amounts in each one: $10 million, $2 million, $5 million, $6 million and $500,000. The betas of the …

You are the money manager of a 5 stock portfolio with the following investment a

You are the money manager of a 5 stock portfolio with the following investment amounts in each one: $10 million, $2 million, $5 million, $6 million and $500,000. The betas of the …

You are the new Budget Manager for ABC Construction. ABC builds homes for middle

You are the new Budget Manager for ABC Construction. ABC builds homes for middle market customers ($300,000 to $700,000 per house selling price) in several company-owned developme…

You are the new accounting manager at the Barry Transport Company. Your CFO has

You are the new accounting manager at the Barry Transport Company. Your CFO has asked you to provide input on the company's income tax position based on the following:     Pretax …

You are the new accounting manager at the Barry Transport Company. Your CFO has

You are the new accounting manager at the Barry Transport Company. Your CFO has asked you to provide input on the company's income tax position based on the following: Pretax acco…

You are the new accounting manager at the Barry Transport Company. Your CFO has

You are the new accounting manager at the Barry Transport Company. Your CFO has asked you to provide input on the company's income tax position based on the following: Pretax acco…

You are the new accounting manager at the Barry Transport Company. Your CFO has

You are the new accounting manager at the Barry Transport Company. Your CFO has asked you to provide Input on the company's Income tax position based on the following: 1. Pretax a…

You are the new accounting manager at the Barry Transport Cormpany. Your CFO has

You are the new accounting manager at the Barry Transport Cormpany. Your CFO has asked you to provide input on the company's income tax position based on the following 1 Pretax ac…

You are the new bookkeeper in a small business. The bookkeeper whose job you are

You are the new bookkeeper in a small business. The bookkeeper whose job you are taking is training you on the business's manual system. As he journalizes, he writes the account n…

You are the new controller for Moonlight Bay Resorts. The company CFO has asked

You are the new controller for Moonlight Bay Resorts. The company CFO has asked you to determine the company’s interest expense for the year ended December 31, 2016. Your accounti…

You are the new controller for Moonlight Bay Resorts. The company CFO has asked

You are the new controller for Moonlight Bay Resorts. The company CFO has asked you to determine the company's interest expense for the year ended December 31, 2018. Your accounti…

You are the new junior accountant for Acme Printing Company. Acme’s fiscal year

You are the new junior accountant for Acme Printing Company. Acme’s fiscal year ends on December 31. You are responsible for preparing monthly financial statements. Acme Printing …