Accounting Questions and Answers August 10, 2022

17. To find the 90th percentile of all ACT scores (the score that separates the bottom 90 from the top 10 of all ACT scores), follow the steps below. Step 1 Find the zscore that has 90 area to the left under the standard normal curve by finding the proportion closest to 0.9000 in the standard normal table and write the corresponding zscore or type

You measure the wavelength of the emission maximum from a small pinhole in an electrically heated container (i.e. a blackbody) at a series of temperatures and obtain the results a.Use these results to deduce a value for Plancks constant. b.Using your Planck constant, calculate the Amax for each temperature. T (C) 700 1200 1700 2200 2700 3200 Amax

The following RC circuit is excited by source voltage v (t) 10eu(t) V. Apply Fourier analysis to determine i(t). The element values are R 2k2, R 4k, and C 0.25 mF. R Vs(t) R fic(1) C (a) Time domain 1. (10 pts)Draw circuit in domain. 2. (20 pts) Determine (o) () V(w) 3. (20 pts) Solve for (w)

Cooperative games have these five characteristics: 1. Maximized participation 2. Maximized opportunities to learn the skills of the game 3. No emphasis on scoring 4. Maximized opportunities for success 5. Ample positive feedback Using the five characteristics of cooperative games, restructure a traditional basketball game to make it less

DAIRY DEN (Pty) Ltd was established in 2015 by Mr. Kane. The company produces and sells stuffed donut stacks. The company has a 30 September yearend and uses an absorption costing system. Budgeted data for the year ended 30 September 2021 is as follows Total budgeted fixed manufacturing overhead costs are R65 093. Fixed manufacturing overheads

Eddie Turner was elated with the good news that he was being promoted to section supervisor in charge of scheduling all activities in the new engineering research laboratory. The new laboratory was a necessity for Mayer Manufacturing. The engineering, manufacturing, and quality control directorates were all in desperate need of a new testing

MAJU Sdn. Bhd. is a company producing garments products. Below are the companys financial statements MAJU Sdn. Bhd. Statement of Comprehensive Income for the year ended 31 March 2021,Sales revenue Cost of goods sold Gross profit Operating Expenses Administration expenses Advertising expenses Depreciation expense Other operating expense Profit

Estimation and Analysis of Demand for Brightness Detergents: Al Sharjah Detergents and Clearing Ind LLC based in Sharjah, UAE, is a leading producer and marketer of household laundry detergent and bleach products. The Company rolled out its new Brightness Detergent in 30 regional markets following its success in test markets. Al Sharjah Detergents

(P) Regional Quantity Price Markets (Q) Price of Competitor Expenditure Advertisement Household Income (PR) (AE) (M) 1 2580 274 188 1628 106246 2 2354 294 162 1792 103498 3 2310 298 178 1704 99762 4 2598 234 184 1708 87178 5 2332 270 172 1620 85598 6 2372 286 158 1536 111130 7 2586 226 182 1956 75918 8 2644 222 164 1642 94392 9 2676 218 162 1686

Maureens qualified higher education expenses are $7,000. Maureens redemption proceeds from qualified savings bonds during the taxable year of 2020 are $10,000 (principal of $8,000 and interest of $2,000). How much of the interest (if any) should Maureen include in her gross income in 2020? Group of answer choices $400 $1,400 $0 $600

A cell phone sends signals at about 850 MHz (1 MHz = 1 106 Hz or cycles per second), (a) What is the wavelength of this radiation? (b) What is the energy of 1.0 mol of photons with a frequency of 850 MHz? (c) Compare the energy in part (b) with the energy of a mole of photons of blue light (420 nm). (d) Comment on the difference in energy between

You are currently working at a publicly traded company. The risk-free rate in the economy right now is 0.99%. You believe the market will average 7.80% per year over the long run. And you would estimate the long-run return to your company as 16.09% per year. What is the beta for your company's stock?

These should be better

Sundancer Boats, Inc. manufactures paddle boats in various colors for 5Star Resorts Management is preparing the budget for 2022 and has asked for the accountants help. Last year was a tough year with price increases and a decrease in unit sallex 1. Prepare the 2022 budget based on the information provided. 2. Use the Actual 2021 Standard Costs as

Richard owns a farm with 64 acres of land on which he grows wheat. Each acre of wheat, if harvested, yields a money income of 1024 at the end of the year. Richard has no other current income or financial assets. He is an expected utility maximiser with a utility function,over outcomes (measured at the end of the year in money income z) given by

For its 2021 taxation year ending December 31, the condensed Income Statement of Manipee Systems Limited (MSL), was as follows Other Information Manipee Systems Limited Condensed Income Statement Year Ending December 31, 2021 Revenues Expenses (Excluding Taxes) Accounting Income Before Income Taxes 4. 926,000 (713,000) 213,000 1. The company is a

1. Journalize the account receivable and account payable transactions (transactions are described on the next page) in a general journal, post them to the general ledger (just the accounts receivable and accounts payable accounts), and record the transactions in the appropriate subsidiary accounts. You do not need to enter descriptions in the

A British brewing company is currently considering entering the Utrecht market with a pilot project having an investment cost of 20 million euros. The present value of the pilots expected operating cash flows (OCFS) amounts to 19 million euros. If the pilot phase is successful, the company will proceed with a largescale launch across the

In an August 2012 Gallup survey of 1,012 randomly selected U.S. adults (age 18 and over), 53% said that they were dissatisfied with the quality of education students receive in kindergarten through grade 12. They also report that the "margin of sampling error is plus or minus 4%." 17. What is the population of interest?

One major cost of selling goods on the account could be: a.uncollectible accounts. b.cash shortages. c.easy credit. d.accounts payable.

Complete the following flow proof for a Hypotenuse-Angle Congruence Theorem.

GIVEN AC DF, ZC ZF, 2 ZB and ZE are right angles PROVE AABC ADEF

What is the most important element in a control environment Managements communication Managements role and example The hiring process The internal audit department

What is the effect of fluctuations in exchange rates on accounts payable Deferred and amortized Deferred to maturity Recognized immediately in income Recognized if losses, deferred if gains

1 You are given the following information to prepare a bank reconciliation for march 30th 2 3 Bank balance as at March 30th 4 Book balance as of March 30th 5 Electronic Fund transfer in rent revenue 6 Electronic Fund transfer out for insurance 7 Bank fees 8 Outstanding cheques 9 Outstanding deposits 10 Interest revenue 11 AR collected 12 13 Q1)

WT Steel Sdn Bhd is a manufacturer of steel products which are used as raw materials for heavy industries. The most popular products that the company produces is High Tensile Deformed Bar (HTDB). The production of one unit of HTDB requires 3 kilograms of raw materials at a cost of RM 8 per kilogram and 1.5 hours of direct labour at RM10 per hour.

You are the senior in charge of the audit or Jewels Manufacturing Limited. The information below has been prepared to assess the going concern risk of the company at the planning stage of the audit and to identify other issues that may impact on audit risk. Ratio Unaudited 2018 figures 2017 2016 2015 Accounts Receivable turnover 3.8 5.5 4.1 5.4

Based on the information below, prepare a correct December 31, 2022 Statement of Financial Position for Net Company with composition of the following line items presented in the Notes 1. Equity Securities through Profit or Loss 2. Trade and other Receivables 3. Noncurrent Asset Held for Sale 4. Property, Plant and Equipment 5. Investment Property

Consider the following data from Russian, and answer the questions that follow. Note that [tj ] is a palatalized voiceless alveolar stop, a sound similar to but not identical to [t]. [lj ] is also a palatalized [l]. [r] is a voiced alveolar trill. [o] is a mid back tense rounded vowel, [e] is a mid front tense unrounded vowel, and [a] is a low

Revenue from Contracts with Customers -- was issued in September 2015 and applies to accounting periods beginning on or after 1 January 2018. IFRS 15 replaces IAS 11- Construction Contracts - and IAS 18 - Revenue. IFRS 15 contains principles which underpin the timing of the recognition of revenue from contracts with customers and the measurement

The Kubuk organization manufactures plastic products for the market. During the last management meeting it came up that the medical bills of the company has been rising dramatically over the last couple of years. The production manager also confirmed the increased rate of injuries and accidents in his production department. As HR manager you are

The DNA molecule is a double helix consisting of two strands joined by bonds involving 4 substances called bases: adenine, cytosine, guanine, and thymine. Assume that these bases are uniformly distributed along an entire strand of a DNA molecule. A geneticist randomly selects 8 consecutive bases in a DNA molecule for study. a) How many sequences

Total sales revenue is $1000, total variable costs are $600 and total fixed costs are $1000. The price is $10 per unit. Compute the break-even volume in units (assume that the break-even point is in the relevant range). A) 166.7 units B) 250 units C) 280 units D) 2500 units Beta company allocates fixed overhead costs based on direct labor dollars,

Which of the following gives the definition of reaction mechanism? Select the correct answer below: A reaction mechanism is a thermodynamic cycle used to calculate the heat of formation of a compound. A reaction mechanism is a stepwise sequence of elementary reactions by which a chemical change takes place. A reaction mechanism is the sum of the

Assume that items 1 through 8 are situations that Jones, CPA, has encountered during his audit of Welles Incorporated, a nonpublic company. List A represents the types of opinions the auditor ordinarily would issue and List B represents a portion of the needed report modificationswhether an additional paragraph will be included. For each

Drives n More Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows (Click the icon to view the data.) Read the requirements. Requirement 1. What is the companys contribution margin per unit

Which financial statement would management use to assess profitability of continuing operations compared to noncontinuing operations A. Classified Balance Sheet OB. UnClassified Balance Sheet C. MultiStep Income Statement D. Statement of Cash Flows E. SingleStep Income Statement

If merchandise sells for $3,500, with terms of 3/15,n/45 and the cost of the inventory sold is $2,100, the amount charged to sales is 1.$3,395 2.$3,500 3.$2,037 4.$2,100

Marc Pty Ltd has accounts receivable of 92,500 at 31 March 2022. An analysis of the accounts shows these amounts Balance, 31 March 2021 75 000 8,000 2,400 1,100 86 500 Month of sale March February December and January November and October Marc Pty Ltds credit policy allows their debtors 30 days to make the payment. The entity uses the ageing of

Babes Batting Cages projects the following income statement for 2018: Sales $ 241,745 Operating costs excl.depr. & amort. 140,212 EBITDA 101,533 Depr. & Amort. 16,000 EBIT 85,533 Interest 2,200 EBT 83,333 Taxes (40%) 33,333 Net Income $ 50,000 2018 Balance Sheet Assumptions: Accounts receivable increase by $5,000 Inventory decreases by

The Wood River plant of the Union Company has a normal capacity of 90,000 units per month. Monthly production costs are 12 variable per unit and 240,000 fixed. By increasing the fixed cost 10,000 a month, the plant can produce 95,000 units. Required (1) Differential cost of the production between 80 and 90 of normal capacity. (2) Differential cost

Clavel County leases an office building with a remaining economic life of 20 years. The fair market value of the building is 6 million. Annual lease payments are agreed at 523,107, based on a 6 percent interest rate. The lease meets the conditions for a capital lease. 1. Record the lease and the first years interest payment (a) In a governmental

Due to erratic sales of its sole product a high-capacity battery for laptop computers-PEM, Inc., has been experiencing difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,200 units * $40 per unit) $528,000 Variable expenses 264,000 Contribution margin 264,000 Fixed

Determine the noise figure of the stages shown in Fig. with respect to a source impedance of Rs. Neglect channel-length modulation and body effect.

Voo M Vout (b) DO 1 M Vout (c) Voo Vout (d) VDD Vout M V

Calculate the missing data for each of the following independent cases. Ignore Income tax. Sales Revenue R 55 000 (d) 160 000 (1) 500 000 Variable costs R 11 000 60 000 (9) 120 000 (m) Total contribution R (a) (0) 30 000 240 000 (n) REQUIRED FOR QUESTION 1 Fixed costs R (b) 60 000 (h) (k) 50 000 Calculate the missing data. Enter your answers into

Consider a Hydro Quebec bond with a face value of 1000, and a present value of 1071. If this bond is offered for sale at 1135, then Hydro Quebec will be forced to change the face value of the bond. the equilibrium market price of this bond has been achieved. individuals will purchase the bond at the offer price which will drive up the price

GCE, Incorporated, manufactures quality hair care products. The ingredients are combined in the mixing department and put in 16ounce containers in the packaging department. The following information pertains to the mixing department for the month of May Units (Gallons) Work in process, May 1 (100 complete materials, 75 labor and overhead) Started

Under IFRS, some companies present which section of the cash flow statement as a single line item? Operating activities Investing activities Financing activities Noncash investing and financing activities

(a) State compensation theorem. Explain with the example. (4) (b) Find the current and voltage across the load terminals using Millmans theorem. (5) 1290 6 6j 990 Fig 4 90 Load

Prepare an Income Statement and a Statement of Financial Position for the year ended 30 September 2019.

The following Trial Balance has been extracted from the books of Belle Limited for the year ended 30 September 2019 Opening Inventory Purchases Return outwards Carriage inwards Sales Return inwards Staff salary Insurance Telephone expenses Distribution Costs Postage and Stationery Ordinary Share Capital Trade Payables Bank overdraft Land Buildings

Use the data in housingdata.xls to answer the following questions. (a) Consider a simple linear regression model to explain the house price in terms of square footage: price = 0 + 1sqrf t + u Estimate this model by OLS and interpret the estimated effect of sqrf t on price? Is the estimated coefficient statistically significant at the 5%

Obs 85 Variables price bdrms lotsize sqrft Description house price, 1000s number of bedrooms size of lot in square feet size of house in square feet

Walmarts management appreciates that pay alone will not be enough to create employee engagement, especially for relatively lowpaying retail jobs. So the company has announced other initiatives aimed at making the company a preferred employer. Along with the 2018 pay raises and bonuses, Walmart announced it would extend to store employees the paid

REDUCTION OF BENZIL USING SODIUM BOROHYDRIDE: (95% ethanol was used in this process) Based on the masses and data provided in the picture calculate and explain: -the limiting reagent -the theoretical yield -the percent yield *please be sure to explain where the numbers are coming from- as I am a little confused as to how to find the limiting

masses 125ml Erlenmeyer flask 83,659 watch glass 63.821g Benzil 0.9749 NaBH4 0.2129 mass of product watch glass after drying 64.485g melting point of product 135139C. melting point of product benzuin (mixecl mp) 133135C melting point of product mesohydrobenzoin 136138 C major product mesohydro benzoin calculate limiting reagent

On January 1, 2020, Commerce Crusaders purchased 2,500 of the 10,000 outstanding common shares of Snowmageddon Limited at a cost of $15 per share. On that date, the balance sheet of Snowmageddon Limited had the following relevant values: Fair Book Market Account Value Value Difference Current assets $12,000 $12,000 $0 Depreciable capital assets

Schindler Pharmaceutical: Motivating the Sale Force Amanda Miller, vice president of marketing at Schindler Pharmaceuticals, headquartered in Atlanta, Georgia, is beginning to question her companys various method of motivating the sale force. Over the last year or so she has noticed a gradual decline in sales force morale. Sales among the top

On 10 June Grand Accessories Ltd purchased $5,300 of inventories from Highend Distributors Ltd, terms 2/7,n/30. Grand Accessories Ltd pays the freight costs of $280 to Freight Masters on 11 June. Goods totaling $290 are returned to Highend Distributors Ltd for credit on 12 June. On 17 June Grand Accessories Ltd pays Highend Distributors Ltd the

Discuss the heroic attributes of Rustem. Is there anything about his characteristics that reminds you of current heroes 1. Start by introducing, quoting, and discussing the following passage from Shahnameh And Rustem answered and said, Thou knowest, O my father, that my desires are rather after war than pleasures. Give unto me, therefore, a steed

What are the five steps in the hypothesis testing procedure? Are the steps followed in sequence? Explain why or why not. How does the five-step procedure for hypothesis testing differ when comparing two groups using a t- or z- test? How is the process similar?

The White Crab Company is a food processing company based in PEI. It operates under the weighted average method of process costing and has two departments cleaning and packaging. For the cleaning department, conversion costs are added evenly during the process, and direct materials are added at the beginning of the process. Spoiled units are

1 2 3 4 5 Good units completed and transferred out during May Workinprocess, ending inventory (May 31) Degree of completion of ending workinprocess Total costs added during May Normal spoilage as a percentage of good units 10 Degree of completion of normal spoilage 9 11 Degree of completion of abnormal spoilage 6 7 A 8 The White Crab Company

Required 1. Using the above information prepare adjusting journal entries 2. Prepare a multiplestep income statement for fiscal year 2017. 3. Prepare a singlestep income statement for fiscal year 2017.,Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciationStore equipment Accounts payable J. Nelson,

Which pair of instructions does not cause data hazard a. lw 1,100 (2) or 13, 3,s1 C. Answer and 13, 1, 5 or 12, 13, 1 O O O O A B C D b. sub 2, 1, 3 and 12, 2, 5 d. add 14, 2, 1 12, 2, 1 or

Vince Lupino works for Best Supplies Company, which pays its employees time and a half for all hours worked in excess of 40 hours per week. Lupinos rate of pay is 12.00 per hour paid weekly. Federal income tax withheld was 54.00. His wages are subject to Social Security tax withheld at the rate of 6.2 and Medicare tax at the rate of 1.45. He

Required a. Prepare the annual pro forma financial statements that you would expect Mary to prepare based on her comments about her expectations for the business. Assume no principal will be repaid on the loan. b. Review the statements you prepared for the first requirement and prepare a list of reasons why actual results for Jason and Marys

Mary Helu and Jason Haynes recently graduated from the same university. After graduation they decided not to scck jobs at established organizations but, rather, to start their own small business hoping they could have more flexibility in their personal lives for a few years. Marys family has operated Mexican restaurants and taco trucks for the

Consider an atom with one electron. The intrinsic spin of the electron isho (The o is ho the Pauli spin operator) and magnetic moment is , e The atom is placed in an 2mc external magnetic field B in the direction. The value of (,) is, (a) tanh(BugB) (b) sinh(Bu,B) (c) (d) e 2 eAug 2eAug e Bugh,The instantaneous electric and magnetic fields

Lagasse Corporation's computation of cost of goods sold is: Beginning Inventory $160,000 Add: Cost of goods purchased $605,000 =Cost of goods available for sale $765,000 Ending Inventory $180,000 =Cost of goods sold $585,000 The average days to sell inventory for Lagasse are a. 112.3 days. b. 53.0 days. c. 100.0 days. d. 106.1 days.

Analytical procedures are one type of evidence gathering procedure. According to auditing standards, there are five general forms of analytical procedures. Auditing standards also provide examples of five sources of information for analytical procedures. Required: Contrast vertical and horizontal financial statement analysis. In addition to

Gaines originally issued 15,000 shares of 10 par value common stock at 15 per share. During the current year, 1000 of these shares were reacquired for 20 each. The proper entry to record the reacquisition includes a. A debit to retained earnings for 5,000 b. A debit to treasury stock for 15,000 c. A debit to treasury stock for 10,000 d. A debit to

Inceptus (Pty) Ltd has asked you to help prepare the financial statements for the year ended 30 September 2021. The Trial balance of the company as of 30 September 2021 is set out below: Trial Balance as of 30 September 2021 DR CR N$000 N$000 Ordinary Share Capital 21 000 Interest 900 Trade Receivables 20 200 Trade Payables 15 490 6% Long term

Alex and Stephanie, close friends who regularly worked out together and shared a love of healthy living, opened a healthy lifestyle-themed store selling organic foods and supplements. Stephanie provided all startup and additional capital from time to time, and they agreed that Alex would run the business. The business was popular and profitable

Ivana, Eric, and Jerry form a partnership to develop the land into commercial offices and rent them for a profit. Ivana contributes land with a fair market value of $1,200,000 and a $600,000 basis. Eric and Jerry each contribute $600,000 of cash. (a) Assume that Ivana is a 50% partner and that Eric and Jerry each are 25% partners. If the

As they are less liquid than cash, cash equivalents cannot be reported on the same line as cash.* True False The expense of not collecting from customers is called: allowance for uncollectible net receivables net realizable value bad debt expense With regard to notes receivable, which of the following statements is correct? Notes receivable are

Write the model for this question A company has to manufacture the circular tops of cans. Two sizes, one of diameter 15 cm and the other of diameter 25 cm are required. They are to be cut from metal sheets of dimensions 30 cm by 60 cm. The requirement of smaller size is 15,000 and of larger size is 10,000. The problem is : how to cut the tops from

In this exercise, youll use database software to analyze the reservation transactions for a hotel and use that information to fine-tune the hotels business strategy and marketing activities. In MyMISLab, youll find a database for hotel reservation transactions developed in Microsoft Access with information about The Presidents Inn hotel in Cape

Guest First Name Guest Last Nam Barry 2 Michael 3 Kim 4 Edward 5 Thomas 6 Paul 7 Randall 8 Calvin 9 Homer 10 David 11 Buster 12 Julia 13 Samuel 14 Arthur 15 Darlene 16 Carlyle 17 Albert 18 Charlene 19 Everett 20 Gerald 21 Jamal 22 Louis 23 Nigel 24 Peter 25 Ronald 26 Trista 27 Valerie 28 Walter 29 Xavier 30 Zachary ew) L Lloyd Lunsford Kyuong Holt

Jennifer's condo is worth $400,000. She owes $300,000 on her 6% fixed-rate mortgage compounds semiannually that have three years remaining in their term. Jennifer pays $2,245 per month towards it. She also has the following debts: $25,000 unsecured line of credit at 7% with a monthly payment of $750. $30,000 on a student loan at 7%, with a monthly

2D has a biased coin for the which the probability of getting tails is an unknown p. He decide to flip the coin 200 and get tails a total of 146. Find the 95 confidence interval for the true success probability p.,Let the joint p.m.f. of (X,Y) be PX,Y (k, n) n1 0 else. n1 11 for 1

31.Ferguson Company recognized $400 of estimated manufacturing overhead costs at the end of the month. How does this transaction affect the financial statements? A. B. C. D. 32.Ferguson Company transferred the cost of units completed during the month to Finished Goods. The total cost was $1,100. How does this event affect the financial

Assets Mfg. WIP Inv. OH Liab. Equity Rev. Exp. Net Inc.

PlastiCo. contracted to buy 10,000 gallons of a chemical from Natural Chemicals Ltd. The chemical still had to be refined at the time the contract was made. Once it was refined, Natural had it pumped into a 500-gallon drum and the drums loaded onto a truck owned by Heavy Haulage Inc., a common carrier. The truck pulled out of Natural's yard and

Sunland Corporation has provided the following information for the year ended December 31, 2020. Sunland Corporation Income Statement For the Year Ended December 31, 2020 Revenue Service Revenue 102,000 Dividend Revenue 11,200 $113,200 Operating Expenses Supplies Expense 1,800 Depreciation Expense 20,500 Advertising Expense 1,000 Meals and

Robert works for an organization in Ontario. In 2022, he will earn a total of $66,550.55 in wages and taxable benefits. In Ontario, the maximum assessable earnings per employee are $100,422.00. Calculate Robert's Total Assessable Earnings for workers' compensation.

Which of the following is true of the like-kind exchange rules under Code Section 1031? They apply to gains and losses. They apply to exchanges of personal use property. They apply to exchanges of US investment realty for foreign investment realty. They apply to exchanges of business personal property.

Estimate the value of consumer goods MXV stock using DDM based on the following inputs. The average yield to maturity on a 30-year Treasury bond is given as 2.94% during the period 2018-2019. Beta is estimated by regressing the weekly MXV stock returns on the market index S&P500 weekly returns during the two-year period 2018-2019. The beta

A constitutive equation is the governing equation that relates stress, o(t), to strain, (t), where t is time. For instance, for a linear elastic material, the constitutive equation is the Hookes law o(t) Ea(t), where E is the Youngs modulus. (a) Derive the constitutive equation of the twoparameter Voigt model, in which a spring and a dashpot are

Jim Appleton, managing director of Industrial Cleaning Services, had decided that a personal computer could help solve his cash-flow problems. What he wanted was a machine that would store his receipts and outgoings so that at a touch of a button he could see the cash flow at any point in time. A year ago, he got into serious cash-flow

During 2018, Powder Corp. recorded sales of inventory for 500,000 to Snow Co, its wholly owned subsidiary, on the same terms as sales made to third parties. At December 31, 2018, Snow held one fifth of these goods in its inventory. The following information pertains to Powders and Snows sales for 2018 Sales Cost of Goods Sold Gross Profit

The X Manufacturing Company was incorporated in 2015. A review of their fixed asset ledger shows the following Undepreciated Capital Cost Allowances(UCC) at the beginning of January 1 st . 2021:- Class#1 (4%)$49,000 Class#8 (20%).. 8,400 Class #10 (30%).15,000 Class#14 *...35,900 (*the life of the patent was 10 years) Class#14.1 (5%).29,,650

The early (1973-1988) harmonization efforts of the International Accounting Standards Committee (IASC) created standards that have been described as a "lowest-common- denominator" approach. What was the effect of these first international accounting ? The IASC standards accommodated existing accounting practices in various countries Comparability

B. A successful regional casual steak restaurant company is considering the acquisition of a regional barbeque restaurant to diversify its market appeal. The barbeque restaurant has a cost structure that is heavier in fixed cost than the steak restaurant (more salaried and less hourly employees, more building and equipment purchased rather than

2. Draw a correct chemical structure for every single acronym used below (1 point) EtCI PrBr tBuCl PCC PDC (bonus) iPrl MeF nBuLi Bnl iBuBr PhBr Py (bonus)

Clark Services a division of General Service Industries operating in New Zealand, offers consulting services to clients. The corporate management at General Service is pleased with the performance of Clark Services For the first nine months current year and has recommended that the divisional manager of Clark Services. Richard Smyth. Submit

ABC Corporation reported the following information for the month of August . Cost of Goods sold 4,500 Wage Expense 5,700 Purchase of equipment 6,000 Depreciation expense 450 Other operating expenses 1,350 Purchase of inventory 5,200 .Net income 2.750 Based on this information, what was the companys revenue for August,On July 7, 2020,

Assume the following: The forces act at a radius of 0.06m F t is 4,180N The diameter of the shaft is 0.03m F a is 1,460N The distance from the point the forces act at to support A is 0.122m F r is 2,402N and The distance from the point the forces act at to support B is 0.048m What is the ratio of the average stress to the alternating stress at the

A F, 2.4 kN 125 mm B 50 mm F 4.0 KN F 1.5 kN Note Gear forces act at a 75mm radius from shaft axis.

Solve the missing query through following data:

Years Ended Revenue Cost of revenues Gross profit Operating expenses Research development Selling, general and administrative Other operating expense(income) Total operating expenses Operating income Interest income MICROSOFT CORPORATION Income Statements In Millions (except per share amounts) Interest expense Other nonoperating income(expense)

Read the "Role of an Athletic Director case study and put yourself in Marisol's position. In an essay of 1,000-1,250 words, answer the following questions: 1. What are the first things you should do regarding the media, the coaches, and the other athletic department administrators? 2. If you were Marisol, would you involve anyone else in the

Statement of Owners Equity 1. From the partial work sheet, prepare a statement of owners equity, assuming no additional investment was made by the owner. Major Advising Work Sheet (Partial) For Month Ended January 31, 20 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Office Equipment Accum. Depr.Office Equipment Accounts Payable

Model 1 a) Interpret the regression coefficients (both slope and the intercept) in model 1. b) Write down the predicted model. How much would you expect someone to make if they have 10 years of education? c) If someone in your sample has 10 years of education and has a wage = 5, what does their residual equal? Give me one possible reason why a

. desc wage educ exper storage variable name type wage educ exper sum wage educ exper Variable wage I educ exper 1 float byte byte REGRESSION MODEL 1 reg wage educ Source J Model 1. Residual wage educ I cons display format 9.0g 8.0g 8.0g Obs 1260 1260 1260 SS Total 1. 27347.4392 Coef .3770664 1.56942 value label Mean 6.30669 12.56349 18.20635

Discuss all the factors on which investment decisions are based. How does investment affects the level of income?

On June 30, 2024. Clooney Printers purchased a Priester for $58,000 it expects the printer to last for four years and have a residual value of 52.000 compute the depreciation expense on the printer for the yea ended December 31, 2024, using the straight-in method A $7,000 B. $14,500 C $8.167 D $14,000

Score 0.26 of 1 pt HW Score 75,19, 5.26 of 7 p CP1741 (bookstatic) Question Help Piedmont Computer Company uses a job order costing system in which each batch manufactured is a different job. Piedmont Computer Company assigns direct materials and direct labor to each job. The company assigns labor costs at 25 per hour. It allocates manufacturing

Chilly Clothing, Inc., is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Suppose that Chilly Uses the FIFO method. The following information for

The entry made at the end of the accounting period to record wages incurred but unpaid is: a.Wages Expense Payroll Taxes Wages Payroll b.Wages Payable Cash c.Wages Expense Wages Payable d.Wages Expense Cash e.Wages Expense FICA Taxes PayableOASDI FICA Taxes PayableHI FIT Payable Wages Payable

O O 6. A scientist claims that four initially neutrally charged objects, W, X, Y, and have been successfully charged. The elementary value of charge has magnitude. Which of the following praphe could represent the charge of each object O Electric Charge O Electric Charge Electric Charge Electric Charge 100 90 80 7e Be 50 40 30 20 10 00 100 90 8288

Choose the correct description of variable and fixed costs. A. A variable cost is related to a particular cost object and can be traced to it in an economically feasible way, such as the cost of steel in the manufacturing of a luxury car. A fixed cost is related to a particular cost object but cannot be traced to it in an economically feasible

On January 2, Luft Co. established a noncontributory defined-benefit pension plan covering all employees and contributed $400,000 to the plan. At December 31, Luft determined that the annual service and interest costs of the plan were $720,000. The expected and the actual rate of return on plan assets for the year was 10%. Luft's pension expense

2. On December 1, 2020, Cambridge Printers had the account balances shown below. Cash Debit Accumulated Depreciation 4,650 Equipment Accounts Receivable 3,500 Accounts Payable 1,950 Share Capital Inventory Equipment 21,000 Retained Earnings 31,100 Adjustment Data 1. Accrued salaries payable 350 2. Depreciation 180 per month. Credit 1,500 2,600