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October 22, 2014

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

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College Accounting
Recording federal income tax transactions and cash dividend transactions. Selected transactions of Divad Corporation during 2013 follow. Record them in the general journal. Analyze: What annual per share dividend was paid to common stockholders in 2013? Mar. 15 Filed the ...
Friday, June 14, 2013 at 12:39pm

accounting
Using the cost formula you derived above, what X-ray costs would you expect to be incurred during a month in which 4,950 X-rays are taken?
Wednesday, June 12, 2013 at 11:12pm

Accounting
Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is A.$4.00 B.$5.25 C.$6.50 D.$5.00
Sunday, June 9, 2013 at 2:06pm

Accounting
On April 1, 2011, Albert Company purchased $50,000 of Tetter Company’s 12% bonds at 100 plus accrued interest of $2,000. On June 30, 2011, Albert received its first semiannual interest. On February 1, 2011, Albert sold $40,000 of the bonds at 103 plus accrued interest. ...
Sunday, June 9, 2013 at 2:02pm

Accounting
Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit. A.True B.False
Sunday, June 9, 2013 at 2:02pm

Accounting
Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually. The journal entry to record the receipt of interest on the next interest payment date would be: A.Debit: Cash $4,...
Sunday, June 9, 2013 at 2:01pm

Accounting
When long-term investments in bonds are sold before their maturity date, the seller deducts any accrued interest since the last interest payment date from the selling price. A.True B.False
Sunday, June 9, 2013 at 2:00pm

Accounting
Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bonds have an annual interest rate of 6% payable on June 30 and December 31. The entry to record the purchase of the bonds would include: A.Interest ...
Sunday, June 9, 2013 at 2:00pm

Accounting
Which of the following is not a part of comprehensive income? Answer foreign currency items restructuring charges unrealized gains and losses pension liability adjustments
Sunday, June 9, 2013 at 1:59pm

Accounting
Temporary investments A.are reported as current assets B.include cash equivalents C.do not include equity securities D.all of the above
Saturday, June 8, 2013 at 2:52pm

Accounting
At the market close on February 19, 2010, McDonald's Corporation had a closing stock price of $64.74. In addition, McDonald's Corporation had a dividend per share of $2.05 over the previous year. Determine McDonald's Corporation's dividend yield. (Round to one ...
Saturday, June 8, 2013 at 2:16pm

Accounting
What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-In Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 10,000 Answer A.$740,000 B.$730,000 C.$720,000 D.$640,000
Saturday, June 8, 2013 at 2:15pm

Accounting
The financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder. Answer True False
Saturday, June 8, 2013 at 2:14pm

Accounting
Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is Answer $4.00 $5.25 $6.50 $5.00
Saturday, June 8, 2013 at 2:13pm

Accounting
Entries for Stock Dividends Organic Life Co. is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Organic Life Co.: Common stock (250,000 shares authorized), $125 par, $17,500,000; Paid-In Capital in excess of par—...
Friday, June 7, 2013 at 10:32pm

Accounting
Effect of Stock Split Gino's Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Midwest. Gino's Restaurant Corporation, which had 100,000 shares of common stock outstanding, declared a 5-for-1 stock split (4 additional shares for each ...
Friday, June 7, 2013 at 10:31pm

Accounting
EPS Malen Arts, Inc., had earnings of $133,750 for 2012. The company had 25,000 shares of common stock outstanding during the year. In addition, the company issued 10,000 shares of $100 par value preferred stock on January 3, 2012. The preferred stock has a dividend of $4 per ...
Friday, June 7, 2013 at 10:30pm

accounting
On November 30, the payroll register of Webster & Smith indicated the following information: Determine the amount of Social Security and Medicare taxes to be withheld. Round your answers to one decimal place. Social Security Tax=$ Medicare Tax=$136,30 I cannot figure out how ...
Wednesday, June 5, 2013 at 12:32am

Finance Accounting
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
Tuesday, June 4, 2013 at 9:02pm

accounting
•The Bank Account as a control device that helps to protect cash. One of the requirements is to conduct periodic bank statement reconciliations. Using the following data, complete a bank statement reconciliation or EEE Electric for the month of September. The Bank ...
Monday, June 3, 2013 at 6:51pm

accounting
•XYZ Company signed an 18-month, $20,000, 8% note on June 1, 2006. The amount of interest to be accrued on December 31, 2006, assuming no prior interest entry is:
Monday, June 3, 2013 at 6:47pm

Financial Accounting
Which account(s) must be analyzed to determine the proceeds from the sale of a building? How is this cash flow classified?
Sunday, June 2, 2013 at 4:42pm

Tax Accounting
Mike purchases a heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2010. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations. The truck has a depreciable basis of $39,080...
Saturday, June 1, 2013 at 10:41pm

flordia
XYZ Manufacturing, Inc., located in Centervale, uses the calendar year and the cash method of accounting. On December 31, 2010, XYZ made the following cash payments: •$100,000 for a two-year office lease beginning on February 1, 2011 •$58,000 of inventory items held ...
Thursday, May 30, 2013 at 6:47pm

Accounting
The following is an excerpt from a conversation between the office manager, Mark Cottman and the president of Horowitz Construction Supplies, Co., Rosa Mullin. Horowitz sells building supplies to local contractors. Mark: Rosa, we’re going to have to do something about ...
Wednesday, May 29, 2013 at 9:14am

Financial Accounting
Account for warranties. Key Company offers a three-year warranty on its premium door locks. During the year, the company had sales of $100,000. Related to the sales, warranty costs should be approximately $3,000 per year. How much warranty expense related to these sales will ...
Sunday, May 26, 2013 at 9:45am

accounting
On February 1, 2010, Par5 paid property taxes on its warehouse for the calendar year 2010 in the amount of $385,000. In the first week of June 2010, Par5 made unanticipated major repairs to its warehouse at a cost of $3,000,000. These repairs will benefit operations for the ...
Saturday, May 25, 2013 at 9:07pm

Financial Accounting
I really need help please !!!!!!!!!!!!! 1. Accounting for payroll. Jimmy Paycheck earned $1,500 per month as the manager of a recording studio. Jimmy has 25% of his earning withheld for federal income taxes. There are no other amounts withheld except for those required by the ...
Saturday, May 25, 2013 at 8:03am

Psychology
Please help in answering the questions below, this is the extract. Jamal is a 27 year old male who presented with some difficulties in his life. His main presenting concern was related to problems with alcohol and illicit drugs. He has reportedly had a long standing history of...
Friday, May 24, 2013 at 8:51am

accounting
An invoice is dated August 29 with terms of 4/15 EOM. What is the discount date?
Friday, May 24, 2013 at 12:14am

Accounting II
calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years.
Wednesday, May 22, 2013 at 7:54pm

Health Accounting and Bills
I am manager of a variable hospital department and I must explain to the vice president why the salaries are higher, and the supplies are lower than the budget called for
Tuesday, May 21, 2013 at 11:07pm

Accounting
The Harding Co. in its first year earned $39,000 in revenues and received $33,000 cash from customers. They incurred expenses $22,000, but had not paid $2,250 of them at year-end. Harden also prepaid $3,750 cash for expenses to be incurred in the next year. Calculate the first...
Tuesday, May 21, 2013 at 3:19pm

accounting 2
Peason began 20xx with 30,000 $1 common shares issued and outstanding.paid in captial in excess of par was $25,000 and retained earnings were $175,000 net income for 20xx was $22,000.
Monday, May 20, 2013 at 6:31pm

accounting
Discuss how the net promoter score is calculated. Show an example of a calculation of a net promoter score (use the data below). What does this score mean specifically in this example? Discuss how the net promoter score can assist in the value of a company. Discuss at least ...
Saturday, May 18, 2013 at 8:10pm

accounting
The goodwill relates to the purchase of net assets comprising an operation. The recoverable amount of the goodwill at 30 June 2013 was $10,000.
Wednesday, May 15, 2013 at 10:37pm

Accounting
Pug Corporation has 10,000 shares of $10 par common stock outstanding and 20,000 shares of $100 par, 6% noncumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $150,000 dividend will be paid. What are the ...
Wednesday, May 15, 2013 at 9:33pm

accounting
As in previous homework, assume you work for a company that has to pay an obligation of USD 1 mln in 1.5 years from today. There are two bonds on the market - one is a 3%-coupon bond, has one year to maturity and is traded at price 101.7854. Another has 2 years to maturity, ...
Wednesday, May 15, 2013 at 3:28am

accounting
An amortizing bond is a bond which pays the principal not at its maturity, but prior to its maturity, according to some schedule, typically (but not necessarily) in equal amounts. In particular, consider a floating-rate amortizing bond, which pays 25% of its principal amount ...
Wednesday, May 15, 2013 at 3:28am

accounting
Current spot rate curve is given by 1 year 2 years 3 years 4 years 0.5% 1% 1.4% 2.1% Provide a forecast of expected spot rates one year from today.
Wednesday, May 15, 2013 at 3:27am

accounting
Independently of the previous question, assume s1=1.2%,s2=1.5%. Find f1,2.
Wednesday, May 15, 2013 at 3:27am

accounting
Consider two bonds on the market: one zero-coupon bond, maturing in exactly 1 year from today and trading at 99% of its par value; another is a 2% coupon bond, maturing in exactly 2 years from today, trading at 101 of its par value. Coupons are being paid annually, compounding...
Wednesday, May 15, 2013 at 3:26am

Accounting
Clark invested $20000 cash in her business
Tuesday, May 14, 2013 at 2:19pm

accounting
Test question: On July 31, 2012, Buddy’s Bathtub Renovations Inc. invested $98,000 in U.S. Treasury bills. The bills mature in 120 days at $100,000. Prepare a journal entry
Tuesday, May 14, 2013 at 9:49am

financial accounting
If Kennedy has a net loss of $1,600 cash and then liquidates, what amount of cash will the creditors receive? What amount of cash will the investors receive?
Sunday, May 12, 2013 at 4:29pm

Accounting
On August 31,2010, Chickasaw Industries issued $25 million of its 30-year, 6% convertible bonds dated August 31, priced to yield 5%. The bonds are convertible at the option of the investors into 1,500,000 shares of Chickasaw's common stock. Chickasaw records interest ...
Thursday, May 9, 2013 at 4:53pm

accounting
A company was recently formed with $ 50,000 cash contributed to the company by stock-holders. The company then borrowed $ 20,000 from a bank and bought $ 10,000 of supplies on account. The company also purchased $ 50,000 of equipment by paying $ 20,000 in cash and issuing a ...
Tuesday, May 7, 2013 at 12:32pm

Hospitality Management Accounting
i dont really understand what kind of calculations they are asking for Charlie is thinking of spending $3,000 more in year 2004 on advertising (part of marketing expense). Because of his marketing courses, he believes he can design appealing advertisements to be placed in ...
Monday, May 6, 2013 at 7:17am

Accounting
A truck was purchased for $25,000. It has a six-year life and a $4,000 salvage value. Using straight-line depreciation, what is the asset’s carrying value (book value) after 2 years?
Sunday, May 5, 2013 at 10:02am

Financial Accounting
Calculate accounts receivable turnover ratio. Calculate accounts receivable turnover ratio. Selected information from Mystic Corporation’s balance sheet at December 31, 2010 and income statement for the year ended December 31, 2010 is as follows: Cash $35,000 Accounts ...
Friday, May 3, 2013 at 8:12am

economics
19-1 Bicycle Insurance and Information Asymmetry If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem? 19-2 IPOs and Adverse Selection Should owners of a private company contemplating an IPO (a sale of stock to the ...
Thursday, May 2, 2013 at 1:20am

economics
19-1 Bicycle Insurance and Information Asymmetry If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem? 19-2 IPOs and Adverse Selection Should owners of a private company contemplating an IPO (a sale of stock to the ...
Thursday, May 2, 2013 at 12:58am

Accounting
Alliant Corporation sold $100,000,000 face value 8% bonds. The bonds mature in 20 years and pay interest semiannually. The going market rate of interest on bonds of similar risk is 6%. How much will Aliant receive upon the sale of the bonds
Wednesday, May 1, 2013 at 1:17pm

Accounting for Non Accounting Majors
Comment on Dr. Hendley’s statement that the difference between the opening bank balance ($30,000) and the January statement balance ($75,000) is pure profit.
Wednesday, May 1, 2013 at 12:07pm

accounting
The forecast overhead for the current year will be $11,279,512 and that total machine hours will be 160,228 hours. The actual overhead is $7,919,409 and the actual machine hours are 90,509 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours ...
Tuesday, April 30, 2013 at 7:15pm

accounting
Easy Move Company made the following expenditures on one of its delivery trucks:Feb. 4.Replaced transmission at a cost of $4,625.May. 6.Paid $1,615 for installation of a hydraulic lift.Sept. 10.Paid $69 to change the oil and air filter.Prepare the journal entries for each ...
Tuesday, April 30, 2013 at 6:28pm

Financial Accounting
Use the following information to answer multiple-choice questions 5 and 6. At the end of the year, before any adjustments are made, the accounting records for Sutton Company show a balance of $100,000 in accounts receivable. The allowance for uncollectible accounts has a ...
Tuesday, April 30, 2013 at 4:25am

Cost and Management Accounting
MPLC produces jam and jelly of different flavors. The company wants to calculate the following variances based on the information provided. Standard Actual Sales(units) $900 $1000 Sales price per unit $15 %12 Variable cost of sales per unit$110 $9 Margin per unit $5 $3 Total ...
Monday, April 29, 2013 at 9:57pm

accounting
During the month of December 20-1, TJ's Specialty Shop engaged in the following transactions: Dec. 1 Sold merchandise on account to Anne Clark, $2,000, plus tax of $100. Sale no. 637. 2 Issued check no. 806 to Owen Enterprises in payment of December 1 balance of $1,600, ...
Monday, April 29, 2013 at 9:34pm

accounting 206
cleveland metals uses a job cost and applies factory overhead to production at a predetermined rate of 180% of direct labor cost. data pertaining to recent operations follow
Monday, April 29, 2013 at 12:35pm

accounting
. Production and cash-outlay computations RPR, Inc., anticipates that 120,000 units of product K will be sold during May. Each unit of product K requires four units of raw material A. Actual inventories as of May 1 and budgeted inventories as of May 31 follow.
Monday, April 29, 2013 at 10:16am

accounting
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $8,288. The FICA tax rate for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes...
Sunday, April 28, 2013 at 11:43pm

Accounting
On an Organizatrional charet, span of control refer to the
Sunday, April 28, 2013 at 3:16pm

accounting
State Company manufactured a forklift machine at a cost of $60,000. The product is sold for $66,000 at a 5% discount. The delivery costs are estimated to be $6,000. Under IFRS, how much should be the carrying amount of this inventory?
Friday, April 26, 2013 at 12:55am

Financial Accounting 1
Maximus Dog Company purchased a new supply van on January 1, 2011, for $35,000. The van is estimated to last for five years and will then be sold, at which time it should be worth approximately $5,000. The company uses straight- line depreciation and has a fiscal year end of ...
Thursday, April 25, 2013 at 8:22am

Financial Accounting
Hobbs Company started the year with $6,000 of prepaid rent. Hobbs paid additional rent in advance amounting the $12,000. The rent expense for the year was $15,000. What was the balance in prepaid rent on the year-end balance sheet?
Thursday, April 25, 2013 at 8:16am

Financial Accounting
E3-30A. Account for depreciation expense. (LO 1, 3). Maximus Dog Company purchased a new supply van on January 1, 2011, for $35,000. The van is estimated to last for five years and will then be sold, at which time it should be worth approximately $5,000. The company uses ...
Thursday, April 25, 2013 at 8:09am

Cost Accounting
Miller Ltd has been considering the purchase of a new machine. The existing machine is operable for three more years and will have a zero disposal price. If the machine is disposed now, it may be sold for $35,000. The new machine will cost $180,000 and an additional cash ...
Monday, April 22, 2013 at 6:37pm

Financial Accounting
Wings Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 1%, preferred stock of $40 par, and 50,000 shares of $120 par common. During its first four years of operations, the following amounts were distributed as dividends: first ...
Sunday, April 21, 2013 at 4:04pm

accounting
Cindy Lou makes $30,000 per year as an exempt employee. She worked 15 hours of overtime in the month of September. Payday for wages earned in the month of September is October 7. Ignoring Federal and State income tax withholdings, how much would she receive for September net ...
Sunday, April 21, 2013 at 10:15am

accounting
2. Cindy Lou makes $30,000 per year as an exempt employee. She worked 15 hours of overtime in the month of September. Payday for wages earned in the month of September is October 7. Ignoring Federal and State income tax withholdings, how much would she receive for September ...
Saturday, April 20, 2013 at 10:20pm

accounting
Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation for $40 per share on January 2, 2010. Sherman Corporation had 100,000 shares of common stock outstanding during 20 I3, paid cash dividends of $120.000 during 20 I3, and reported net income ...
Saturday, April 20, 2013 at 12:15pm

accounting
Customer relations are usually part of:
Friday, April 19, 2013 at 7:47pm

accounting
features of king code iii
Friday, April 19, 2013 at 5:28am

Accounting Associates
I have re and re-read all of the Leadership vs. Management paragraphs in my textbook, Even looked at all the figures and graphs a hundred times. I can still cannot see a clear understanding.. I have narrowed it to two possible answers, I think I am stuck because in the steps ...
Thursday, April 18, 2013 at 6:33pm

STATISTICS
The manager of an accounting office is studying the problem of incorrect account numbers being entered into the computer system and wishes to produce a p chart. A subgroup of 200 account numbers is selected from each day's enteries and checked to determine the number of ...
Tuesday, April 16, 2013 at 6:12pm

accounting
The cash payments journal used in this problem has only three special amount columns. Under what circumstances would you recommend that additional special amount columns be added to a cash payments journal?
Sunday, April 14, 2013 at 8:25pm

accounting
Hillsborough Co. has an available-for-sale investment in the bonds of Schuyler with a carrying (and fair) value of $ 85,540. Hillsborough determined that due to poor economic prospects for Schuyler, the bonds have decreased in value to $ 59,710. It is determined that this loss...
Sunday, April 14, 2013 at 4:53pm

accounting
Rushia Company has an available-for-sale investment in the 10%, 10-year bonds of Pear Co. The investment’s carrying value is $3,200,000 at December 31, 2010. On January 9, 2011, Rushia learns that Pear Co. has lost its primary manufacturing facility in an uninsured fire. ...
Sunday, April 14, 2013 at 4:49pm

tax accounting
purchased a bond on August 15, 2012 for $2,100. $200 of the purchase price represented accrued interest. She received $210 in interest income on the bond on December 1, 2012. What is the proper treatment of the $210 interest income for federal income tax purposes?
Sunday, April 14, 2013 at 11:06am

stats
Cushman and Wakefield accounting that the average annual rent for office space in Tampa was $17.63 per square foot. A real estate agent selected a random sample of 15 rental properties (offices) and found that mean rent was $18.72 per square foot and s= $3.64. At a= 0.05, test...
Saturday, April 13, 2013 at 10:06pm

Accounting
Basic NPV: No Salvage Value or Taxes Carrie Rushing is considering the purchase of a new production machine that costs $120,000. She has been told to expect decreased annual operating expenses of $40,000 for four years. At the end of the fourth year, the machine will have no ...
Saturday, April 13, 2013 at 3:06am

Managerial Accounting
IRR: Even Cash Flows Williams and Park Accounting Practice is considering investing in a new computer system that costs $9,000 and would reduce processing costs by $2,000 a year for the next six years. Required: Calculate the internal rate of return, using the time value of ...
Saturday, April 13, 2013 at 3:05am

Managerial Accounting
IRR: Even Cash Flows Williams and Park Accounting Practice is considering investing in a new computer system that costs $9,000 and would reduce processing costs by $2,000 a year for the next six years. Required: Calculate the internal rate of return, using the time value of ...
Saturday, April 13, 2013 at 3:05am

Managerial Accounting
IRR: Even Cash Flows Williams and Park Accounting Practice is considering investing in a new computer system that costs $9,000 and would reduce processing costs by $2,000 a year for the next six years. Required: Calculate the internal rate of return, using the time value of ...
Saturday, April 13, 2013 at 3:05am

Managerial Accounting
Kim Johnson purchased an asset for $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the life of the asset, Kim will not be able to sell the asset because it will have no salvage value. Required: What is the net present ...
Saturday, April 13, 2013 at 3:02am

accounting
The cash payments journal used in this problem has only three special amount columns. Under what circumstances would you recommend that additional special amount columns be added to a cash payments journal?
Wednesday, April 10, 2013 at 1:33pm

accounting
On April 25, 2010, Bullseye Company purchased all of the outstanding common stock of Vista Company, paying $14,000,000. The book values and fair values of Vista's assets and liabilities acquired are shown below in dollar amounts: Accounts Book Value Fair Value Accounts ...
Tuesday, April 9, 2013 at 8:20pm

accounting
Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010. Revenues during 2010—camping fees $140,000 Market value of equipment $140,000 ...
Tuesday, April 9, 2013 at 2:25pm

Accounting
The Divine Merchandising Corporation began March operations with merchandise inventory of 6 units, each of which cost $27. During March, Divine Merchandising made the following purchases: (1) March 4, 12 units @ $28 per unit, (2) March 15, 18 units @ $30 per unit, (3) March 26...
Monday, April 8, 2013 at 8:57pm

accounting 205
compute the following items for lone pine company for 20x2, rounding all calculations to two decimal places when necessary
Monday, April 8, 2013 at 12:16am

ACC 400
Case 13-4 Application of SFAC No. 13 On January 1, 2006, Lani Company entered into a non cancelable lease for a machine to be used in its manufacturing operations. The lease transfers ownership of the machine to Lani by the end of the lease term. The term of the lease is eight...
Saturday, April 6, 2013 at 10:09pm

Accounting
The Converting Department of Soft N' Dry Towel and Tissue Company had 920 units in work in process at the beginning of the period which were 75% complete During the period 16200 unis were completed and transferred to the Packing Department. There were 960 units in process ...
Saturday, April 6, 2013 at 9:24pm

Accounting
How would the journal entry look if you sold a 8% bond with a face value of $11,000 for $9,500? Bond will mature in 10 years.
Friday, April 5, 2013 at 11:39am

Accounting
1. Complete Problem 14.1 on page 279 of the course text (solution is on page 501-502). Next, work the problem again using the following variables: project yield annual net cash inflows are $10,500 for the next five years; interest rate of 16.5%, and the initial investment of $...
Thursday, April 4, 2013 at 3:36pm

Managerial Accounting
If given the Selling price, the direct labor costs and other variable costs how do you determine the number of direct labor hours per unit?
Sunday, March 31, 2013 at 9:35pm

accounting
. XYZ Company reconciled the accounting books at the end of the month. At the end of the month XYZ Company had unpaid employee wages for the month of$1,000. How would this transaction be posted?
Friday, March 29, 2013 at 7:17pm

accounting
XYZ Company sold oneboat for $15,000 and half was received in cash and the rest is due in 30 days.The Cost of Goods Manufactured for this boat was $10,000. How would XYZ Companypost this transaction?
Friday, March 29, 2013 at 7:16pm

Math
Seattle Chocolates for the year ended December 31, 2002: The following are selected items from the accounting records of Seattle Chocolates for the year ended December 31, 2002: Note payable to northwest Bank $500,000 Income taxes payable 40,000 Accrued expenses and payroll ...
Friday, March 29, 2013 at 12:42pm

math
Part 1 : Store equipment is purchased on January 1, 2002 at a cost of $14,000 and $1,000 was spent on its installation. The depreciation is written-off at 10% on the original cost every year. The books are closed on December 31, every year. Instructions: Prepare a Depreciation...
Thursday, March 28, 2013 at 1:34pm

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