What determines the quality of earnings?
Question:
What determines the quality of earnings?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
Quality of earnings is determined by 1 Level of cons...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
Question Posted:
Students also viewed these Accounting questions
-
The quality of earnings concept indicates that a. Stockholders want the corporation to earn enough income to be able to pay its debts. b. Net income is the best measure of the results of operations....
-
Which of the following statements about the quality of income ratio is correct? A. When sales are growing, receivables and inventory normally increase faster than accounts payable so the ratio...
-
What is audit quality? What determines audit quality in a given country?
-
Miller Companys contribution format income statement for the most recent month is shown below: Total Per Unit Sales (41,000 units) $ 287,000 $ 7.00 Variable expenses 164,000 4.00 Contribution margin...
-
Industrial sponsors are interested in participating in project finance initiatives: a) To exploit the opportunity to build plants and facilities sold to the SPV. b) To exploit the opportunity to...
-
Below is a short nucleotide sequence from a gene. Use a computer program from the Internet (e.g., see www.ncbi.nlm.nih.gov/Tools) to determine what gene this sequence is from. Also, determine the...
-
Explain the role of a questionnaire in the research process. What should be the role of the client during the questionnaire development process?
-
This case, based on the balance sheet of Starbucks Corporation, will familiarize you with some of the assets and liabilities of that company. Visit www.pearsonhighered.com/Horngren to view a link to...
-
The Coffee Corp. has an opportunity to invest P1,500,000 in investment A or investment B. Investment A promises to pay P500,000 profit at the end of the first year, P550,000 at the end of two years,...
-
A home improvement retail store is offering its customers store-branded credit cards that come with a deep discount when used to purchase in-store home improvement products. To maintain the...
-
Use the selection from the annual report of Books-A-Million, Inc., in Appendix A to answer the following questions: 1. When you look at the financial statements for Books-A-Million, can you tell if...
-
Who is responsible for establishing auditing standards for audits of public companies? Who is responsible for establishing accounting standards for public companies? Explain these two sets of...
-
True or False. A company is not allowed to convert its fully-paid shares into stock.
-
Liquidity ratio Jamie Anderson has compiled some of his personal financial data to determine his liquidity position. The data are as follows. a. Calculate Jamies liquidity ratio. b. Jamie knows that...
-
In less than three decades, China has become the second largest economy in the world. But this rapid growth has led to a lot of environmental and health issues. These developments have placed...
-
Rio Mare currently has fixed operating costs of 1,100,000, and it sells canned tuna for 1.50 per can, while incurring variable operating costs of 0.65 per can. If the company can invest in better...
-
Profarma shpk, an Albanian pharmaceutical company, makes a patented flu medicine that wholesales for L600. Each bottle of the flu medicine has variable operating costs of L400, while fixed costs are...
-
Find the most recent financial statements for Starbucks Corporation (SBUX) using the following sources: a. From the companys Web page www.starbucks.com. Search for investor relations. b. From the SEC...
-
Under which circumstances are K p and K c equal for the reaction shown here? (a) If a + b = c + d. (b) If the reaction is reversible. (c) If the equilibrium constant is small. aA(g) + bB(g) bB(g)...
-
Do the three planes x + 2x + x 3 = 4, X X 3 = 1, and x + 3x = 0 have at least one common point of intersection? Explain.
-
Consider an experiment that flips a fair coin 100 times. Define an indicator random variable \(B_{n}\) so that \[B_{k}= \begin{cases}1 & \text { if the } k^{\text {th }} \text { flip is heads } \\ 0...
-
What is the purpose of a database report? What information do such reports contain?
-
The chapter suggested that it is important to design the format of a report before creating the report itself. Do you agree with this suggestion? Why or why not?
-
Do you think that we will still use hardcopy reports in the future, or will they be replaced with softcopy ones? Defend your answer.
-
Assume a 10% discount rate and compute the present value of Rs. 1100, Rs.900, Rs.1500 andRs.700 received at the end of 1-4 years In the above sum if the amounts are received at the beginning of the...
-
Recall that an FX rate XXXYYY = Bid/Offer gives the rate of YYY per XXX. You can buy XXX/sell YYY at the offer price and sell XXX/buy YYY at the bid price. EURUSD is trading at 1.4760/1.4763 USDJPY...
-
1 . What were the problems faced by Income in this case? How were the problems resolved by the new digital system? 2 . What types of information systems and business processes were used by Income...
Study smarter with the SolutionInn App