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Trabajo 7
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Alumno: Claudia Stefanny Ortega Erazo
Etica Profesional (ETH 120)
FALL B 2023
Introducción
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ABC 103
CINDAMENTALS OF ABM 1
ST. ANTHONY'S COLLEGE
Business Education Department
San Jose de Buenavista, 5700 Antique
ARTIBUR
Tel. No. (036) S409238; 5400898; 5409971 Tel. No.: (036) 5409196
Website: www.sac.edu.ph Email: Info@sac.edu.ph; bused@sac.edu.ph
In SAC, we carel
Covid Repair Shop
Worksheet
Unadjusted Trial Balance
Deblt
Adjustments
Credit
Adjusted Trial Balance
Debit
Income Stateme
C
Debit
Account No.
Account Titles
Credit
Debit
Credit
33,450
1,200
15,000
2,000
33,450
1,200
8,500
2,000
1,200
30,000
Cash
Accounts Recelvable
Repair Supplies
Prepaid Rent
Prepaid Advertising
Repair Tools
Accumulated Depreciation-RT
Fumiture & Fixtures
Accumulated Depreciation-F&F
Service Equipment
Accumulated Depreciation-SE
Accounts Payable
Notes Payable
Accrued Interest Expense
Accrued Salaries Expense
Accrued Rent Expense
Unearned Repair Revenues
Covid, Capital
Covid, Drawings
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Repair Revenues
Advertising Expense
Rent Expense
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Utilities Expense
Interest Expense…
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A process with no beginning work in process, completed and transferred out 85200 units during a period and had 50100 units in the
ending work in process inventory that were 20% complete. The equivalent units of production for the period for conversion costs were:
O 95220 equivalent units.
O 135300 equivalent units.
O 70200 equivalent units.
O 85200 equivalent units.
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Capital and Revenue Expenditures
On August 5, GTS Co. paid $3,280 to repair the transmission on one of its delivery vans. In addition, GTS paid $57 to install a GPS system in its van.
Journalize the entries for the transmission. If an amount box does not require an entry, leave it blank.
August 5
Journalize the entry for GPS system expenditures. If an amount box does not require an entry, leave it blank.
August 5
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Concord Industries has equivalent units of 7100 for materials and for conversion costs. Total manufacturing costs are $124370. Total
materials costs are $91000. How much is the conversion cost per unit?
O $17.52.
O $4.70.
$12.82.
O $30.33
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Selected financial information is available for Blossom Co.
Current assets
Current liabilities
(a)
Year 1
Year 1
$
$83,210
53,000
Year 2
$141,680
Working capital
88,000
Year 3
Calculate the working capital for Blossom Co. for the three years.
$188,410
83,000
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Question 5 of 7
(a1)
$2,120
49,100
21,300
34.490
Notes payable (long-term)
62,200
Cash
Accounts receivable
Accumulated depreciation-equipment
4,030 D. Pharoah, drawings
Depreciation expense
8,800 D. Pharoah, capital (beginning of the year)
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$1,720
13,000
9,700
6,050
2,980
3,950
Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding
parentheses e.g. (45).)
49,600
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الفرع الرئيسي
الأعمال والاقتصاد
انظمة معلومات محاسبية
محاسبة التكالیف نظري - طولكرم
nal summer semester exam
محاسبة التكاليف نظري
The ABC company has the following estimated costs for the next year:
Direct materials: $15,000
Indirect materials: $5,000
Direct labor: $55,000
Salary of production supervisor: $35,000
Rent on factory equipment: $16,000
Sales commission: $75,000
Advertising expenses: $11,000
It is estimated that 53,000 machine hours and 8,000 direct labor hours will be worked during the
next year. What will be the predetermined overhead rate if company applies manufacturing
overhead cost to jobs on the basis of direct labor hours.
Select one:
a. $14
b. $17
C. $15
d. $7
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الفرع الرئیسی
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General
الامتحان النصفی
المحاسبة المتقدمة نظري - طولكرم
Under the parent company concept of consolidated financial statements, the minority interest in
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Maria is a divorce attorney who practices law in San Francisco. She wants to join the American Divorce Lawyers Association (ADLA), a professional
organization for divorce attorneys. The membership dues for the ADLA are $500 per year and must be paid at the beginning of each year. For
instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the ADLA also
has an option for members to buy a lifetime membership today for $4,500 and never have to pay annual membership dues.
Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain a member for 40 years, it
it's
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O 13 years
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KINGDOM OF SAUDI ARABLA
MINISTRY OF HIGHER EDUCATION
4 Imam Muhammad thn Sand hlamie Universio
College of Ecenomies and Adminirative Selenees
Department of inance and Investment
Acedemic year1442-144
Level i four
Caurne Princiuler af finance
and investment-FINI02
Home exercises 1
All results must be numerie and rounded to the nearest hundredth
When you round off to the hundredih digit, you look at only the thousandth digit Le you focus only
on the next digit.
Say x- 8678.4546 When you round it to the nearest hundredth digit, you get - 8678.45
Say z= 8678.4556 When you round it to the nearest hundredth digit. you get z 8678.46
Question1:
You are given the following information about a corporation.
Statement income
2019
2020
Sales
250
300
Operating costs
Depreciations
Net Working Capital
Capital Spending
If we assume the firm faces a 20% tax rate, calculate the free cash flow (FCF) for the year 2020.
180
200
45
20
50
25
45
50
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Project L costs $65,000, its expected cash inflows are $8,000 per year for 9 years, and its WACC is 9%. What is the project's payback? Round your answer to two decimal places.
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Suppose an investor, Erik, is offered the investment opportunities described in the table below. Each investment costs $1,000 today and provides a
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Given the following information, determine the beta coefficient for Stock L that is consistent with equilibrium: ÎL = 8.25%; rRF = 3.9%; rM = 9.5%. Round your answer to two decimal places.
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Impaired Goodwill and Amortization of Patent
On April 1, a patent with an estimated useful economic life of 12 years was acquired for $43,200. In addition, on December 31, it was estimated that
goodwill of $41,000 was impaired.
a. Record the acquisition of patent. If an amount box does not require an entry, leave it blank.
April 1
b. Journalize the adjusting entry on December 31 for the amortization of the patent rights. Do not round intermediate calculations. If an amount box
does not require an entry, leave it blank.
Dec. 31
C. Journalize the adjusting entry on December 31 for the impaired goodwill. If an amount box does not require an entry, leave it blank.
Dec. 31
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Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of
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Entry" for the account titles and enter O for the amounts.)
connect
Owner invested $66,500 in exchange for common stock of the corporation.
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Paid two years' rent in advance, $7,100.
Paid the worker's weekly wage.
Recorded service revenue…
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On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first
month.
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April 2 Nozomi invested $36,000 cash and computer equipment worth $35,000 in the company in exchange for its common
stock.
167 Computer Equipment
168 Accumulated Depreciation-Computer Equipment.
209 Salaries Payable
307 Common Stock
318 Retained Earnings
319 Dividends
@
April 3 The company rented furnished office space by paying $2,200 cash for the first month's (April) rent.
April 4 The company purchased $1,800 of office supplies for cash.
2
April 10 The company paid $2,880 cash for a 12-month insurance policy. Coverage begins on April 11.…
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Determining Cost of Land
On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $44,000 in cash and giving a short-term note for $272,000.
Legal fees paid were $1,780, delinquent taxes assumed were $14,700, and fees paid to remove an old building from the land were $21,700. Materials
salvaged from the demolition of the building were sold for $4,700. A contractor was paid $960,600 to construct a new warehouse.
Determine the cost of the land to be reported on the balance sheet.
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Kieso, intermeaiate ACCounting, 16e
INTERMED. ACCOUNTING (ACC 31I0/-
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Exercise 16-23
Your answer is partially correct. Try again.
On June 1, 2015, Sage Company and Pronghorn Company merged to form Stellar Inc. A total of 876,000 shares were issued
to complete the merger. The new corporation reports on a calendar-year basis.
On April 1, 2017, the company issued an additional 637,000 shares of stock for cash. All 1,513,000 shares were outstanding
on December 31, 2017.
Stellar Inc. also issued $600,000 of 20-year, 8% convertible bonds at par on July 1, 2017. Each $1,000 bond converts
to 44 shares of common at any interest date. None of the bonds have been converted to date.
Stellar Inc. is preparing its annual report for the fiscal year ending December 31, 2017. The…
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Cullumber Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan
for the year 2020 in which no benefits were paid.
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The actuarial present value of future benefits earned by employees for services rendered in 2020 amounted to $55,800.
The company's funding policy requires a contribution to the pension trustee amounting to $137,228 for 2020.
As of January 1, 2020, the company had a projected benefit obligation of $899, 100, an accumulated benefit obligation of
$797,300, and a debit balance of $398,900 in accumulated OCI (PSC). The fair value of pension plan assets amounted to
$597,300 at the beginning of the year. The actual and expected return on plan assets was $54,000. The settlement rate was
8%. No gains or losses…
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P MindTap HW 1 - Spring 2021 - Fi X
* MindTap - Cengage Learning
b Answered: Harper Industries has
8 https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentld=590512258542108435051542&EISBN=9780357114582&snapshotld=220...
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8. Problem 3.06 (MVA)
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Over the years, Masterson Corporation's stockholders have provided $35,000,000 of capital when they purchased new issues of stock and allowed management to retain some of the firm's
earnings. The firm now has 2,100,000 shares of common stock outstanding, and the shares sell at a price of $30 per share. How much value has Masterson's management added to stockholder
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wealth over the years, that is, what is Masterson's MVA? Round your answer to the nearest dollar, if necessary.
$
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