- Choose one nature of organization (SINGLE PROPRIETOR, PARTNERSHIP, CORPORATION) - Based on your choice you need to cite the following - Advantages: If your chosen nature of organization in terms of 1. Formation 2. Tax benefits 3. Decision making Disadvantages: If your chosen nature of organization in terms of 1. Liability 2. Taxes 3. Lack of "continuity" 4. Difficulty in raising capital
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A: Solution: Contribution margin per unit = Contribution margin / Nos of units = $813,750 / 52500 = $1...
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A: Solution:- Given, Pueblo company sells product for = $88 Variable cost = $32 Pueblo could accept a s...
Q: how to find net operating working capital
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A: Solution Estimated liability is a liability That is absolutely owed because the services or goods h...
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A: In this question, we have to find out the activity cost setup .
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A: When liability is created we credit liability account and debit the expense account
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A: Solution.. Increase in accounts receivable = P95,000 Increase in average collection period = 3 *...
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A:
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A: Introduction Dear student as per guideline we will solve first three subparts for you please ask ano...
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Q: On January 1, 2021, Red Flash Photography had the following balances: Cash, $25,000; Supplies, $9,30...
A:
Q: Bulldogs Inc. is a retail mail order firm that currently uses a centralized collection system that r...
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Q: What should be reported as total shareholders’ equity on December 31, 2020?
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A: The correct answer for the above mentioned question is given in the following steps for our referenc...
Q: View Policies Current Attempt in Progress Maple Leaf Foods Inc. reported the following selected info...
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A: The question is based on the concept of Cost Accounting.
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A: Financial accounting refers to recording, analyzing and reporting of financial data of a company so ...
Q: How much is the adjustment in goodwill as a result of the measurement period adjustment during 2021?
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A: c) a multiproduct firm can earn a lower than expected profit though the total number of units sold ...
Q: On April 15, 2019, Powell Inc. obtained a six-month working capital loan from its bank. The face amo...
A: Solution: Face amount of note = $255,400 Interest rate = 5% Period = 6 months
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Q: Z Ltd.has provided depreciation as per accounting records740 lakhs but as per tax records 760 lakhs....
A: Introduction:- Differed tax asset/Liability arises where The difference between taxable income and a...
Q: Greenwood Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z. ...
A: As per Activity Based Cost Accounting The activity rate for general factory activity cost pool is ba...
Q: Greenwood Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z. ...
A: The Activity based costing is the modern technique to assign cost to various activities. The cost of...
Q: If ending inventory of prior year is overstated, retained earnings is understated
A: Ending inventory is reduced in calculation of cost of goods sold. Cost of goods sold = Beginning inv...
Q: NEKO Inc. sells on term 3/20, net 40. Total sale for the year are P1,200,000 on which 40% is cash sa...
A: Calculation of days of sales outstanding = 30% x 20 = 6 days Calculation of credit sales = Tot...
Q: The retained earnings immediately after the combination is!
A: Retained Earnings immediately after the combination includes: a)Parent Company Pre combination Retai...
Q: Growth Corporation acquired an 70% interest in Expanded Company on January 1, 2022 for P245,000. On ...
A: Workings: 1) Share of Growth corporation in Expanded = 70 % = 7 /10th and share of non-controlling i...
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A: Inventory carrying cost is the cost of keeping items in stock. The larger the volume of inventory, t...
Q: Gosens Company began operations on December 1, 2020. Presented below is selected information related...
A: Solution.. Service Revenue = $135,000 Rent expenses = $22,000 Utilities expenses = $23,000 Main...
Q: Which of the following is correct with regards to cash discounts offering? Bad debts expense wil...
A: Solution: Cash discounts are offered by business for collection of receivables in timely manner and ...
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- The primary goal of financial management is Select one: a. Increasing the owners wealth b. Reducing risk c. None of these d. Increasing profit1. What are the main differences between individual investors and professional money managers? 2. What are the qualities of a great organizational culture? Give at least 5. Discuss. 3. What are the four (4) types of Organizational Culture? Cite the advantages and disadvantages.What is the primary goal of financial management in a corporation?A. Maximizing sales revenueB. Minimizing expensesC. Maximizing shareholder wealthD. Maximizing employee satisfaction
- Which of the following is the social objectives of financial management? Select one: A. None of the given option B. Effective utilization of finance C. Searching for new sources of finance D. Payment of reasonable dividendsTrue or False. 1. In determining the direction of financial goals, one has to decide whether to continue the same course of action, expand or change the current situation. 2. Opportunity cost is expressed in monetary terms. 3. Personal financial plan helps a person remain financially solvent. 4.Due some research and answer the following independent questions in relation to the management of working capital. Remember to reference your answers. Q.3.1 Discuss overtrading including three consequences of overtrading to a business. Q.3.2 Discuss technical insolvency and explain how this is different from absolut insolvency.
- Which of the following is the primary goal of a firm? Select one: O a. maximize stockholder wealth O b. maximize dividend payments Oc minimize expenses O d. satisfaction of suppliersNOI is important because you calculate your:a. Tax liabilityb. Value and financingC. Both a & bd. None of the above NPV is a greata. Way to determine if it is the IRRb. Analytical toolC. Negotiating toold. Determine leverage. Real estate is a:a. Cash flow businessb. An easy entry businessc. Risk for profit businessd. All of the above Points increasea. The lenders yieldb. Bowers cost of financingC. Both A & Bd. Monthly paymentsExplain what are the costs and benefits of preparing the Financial information based I The market For managers 12. 2) The market For corporare tane over ?
- Finance multiple choice question. 9. Which of the following is the primary goal of financial management for all for-profit companies? Maximize value of owners' equity. Maximize net cash flows. Maximize profitability. Minimize risk. Maximize market share.which one is correct please confirm? QUESTION 2 Dividend policy can affect the value of the firm for which of the following reasons? a. Personal taxes b. Flotation costs c. Shareholder transaction costs d. All of these are correctOwner's economic welfare can be maximized with the Select one: O a. None of the options O b. Decease of shareholders wealth O c. Shareholders wealth minimization O d. Balance of shareholders wealth O e. Shareholders wealth maximization