The Consumer Division of Woods Company has income from operations of $60,000 and assets of $440,000. The
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
Income from operations Min...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Managerial Accounting questions
-
The Consumer Division of Hernandez Company has income from operations of $ 90,000 and assets of $ 450,000. The minimum acceptable rate of return on assets is 10%. What is the residual income for the...
-
The Commercial Division of Herring Company has income from operations of $ 420,000 and assets of $ 910,000. The minimum acceptable rate of return on assets is 8%. What is the residual income for the...
-
The Consumer Division of McPhie Company has income from operations of $75,000 and assets of $500,000. The minimum acceptable rate of return on assets is 11%. What is the residual income for the...
-
Let z(k) denote the k-year continuously compounded zero-coupon yield for the current term structure. You are given that z(1) = 0.035, z(2) = 0.041, z(3) = 0.045, z(4) = 0.049, z(5) = 0.051, z(6) =...
-
Regarding the power of a hypothesis test: a. What does it represent? b. What happens to the power of a hypothesis test if the significance level is kept at 0.01 while the sample size is increased...
-
"A great part of the economic system is Psychological"- explain the statement.
-
Explain the terms res ipsa loquitur and judicial notice rule.
-
Describe the four perspectives of the balanced scorecard. How is this model different from a set of world-class performance measures?
-
Identify any five stakeholders who would be interested in Grassland s financial information and explain why and how each would use the information.
-
Assessing Martin Manufacturing's Current Financial Position Terri Spiro, an experienced budget analyst at Martin Manufacturing Company, has been charged with assessing the firm's financial...
-
Wakelin Company has income from operations of $20,125 invested assets of $87,500 and sales of $175,000. Use the DuPont formula to compute the rate of return on investment and show (a) The profit...
-
The Commercial Division of LaSalle Company has income from operations of $135,000 and assets of $650,000. The minimum acceptable rate of return on assets is 10%. What is the residual income for the...
-
In July 2008 the US National Institutes of Health announced that it was stopping a clinical study early because of unexpected results. The study population consisted of HIV-infected women in...
-
A clothing store on fashionable Rodeo Drive charges more for the same clothes than another store in less fashionable Compton. Why does the first store charge more? a) It has to pay a higher rent. b)...
-
The dual labor market consists of a(n) _______ market and a (n) __________ market.
-
Which statement is true? a) Over time the distinctions among noncompeting groups tend to blur. b) Over time the distinctions among noncompeting groups tend to become sharper. c) Over time there is no...
-
Mr. Dostievsky earned $40,000 in 1999, the base year. By 2006 he was earning $80,000. If the consumer price index was at 160 in 2006, how much would Mr. Dostievskys real wages be that year, and by...
-
If you took out a payday loan, you could expect to pay an annual interest rate of _____. a) less than 5 percent b) between 5 and 10 percent c) between 10 and 30 percent d) between 30 and 100 percent...
-
Why must a job analysis be reliable and valid? What can a compensation professional do to ensure that a job analysis is reliable and valid?
-
A certain Christmas tree ornament is a silver sphere having a diameter of 8.50 cm. Determine an object location for which the size of the reflected image is three-fourths the size of the object. Use...
-
Explain the difference between the georelational data model and the object-based data model.
-
Callaway Golf Co. leases telecommunication equipment. Assume the following data for equipment leased from Photon Company. The lease term is 5 years and requires equal rental payments of $31,000 at...
-
Callaway Golf Co. leases telecommunication equipment. Assume the following data for equipment leased from Photon Company. The lease term is 5 years and requires equal rental payments of $31,000 at...
-
Water world Company leased equipment from Costner Company. The lease term is 4 years and requires equal rental payments of $43,019 at the beginning of each year. The equipment has a fair value at the...
-
Exactly 24 months ago in 2019, centronics inc issued a 15 year bond. the bond was issued at par to yield 6%. it pays interest annually. over the last 12 months, yields on bonds of similar risk have...
-
How COVID-19 news evoked sentiments and emotions. What are the financial implications of these sentiments for investors/policy makers?
-
How does the network of global stock markets reacts to covid-19? What countries (stock markets) plays most important role during covid-19? Explain.
Study smarter with the SolutionInn App