1-what are the relations between economics, finance, and accounting? 2-what is the difference between primary market and secondary market?

Q: The Waterston Group (WG) provides tax advice to multinational firms. WG charges clients for (a)…

A: Step 1 We have the following information: The WongGroup​ (WG) provides tax advice to multinational…

Q: 27. At breakeven point i. ii. iii. iv. a) b) total revenue equals total cost total revenue> total…

A: Variable cost means he cost which vary with the level of output and fixed cost remain fixed what…

Q: Lyons company deducts insurance expense of P84,000 for tax purposes in 2015, but the expense is not…

A:

Q: The following information is related to ABC Company’s 10% convertible bonds as of December 31, 2020:…

A: Calculation of market value of bonds:

Q: True or false ? Explain your answer? If the cost of producing 1,000 Maytag dishwashers is $200,000…

A: increase in return in scale takes place when there is increased in output with increase in the cost.…

Q: 80,000 50,000 25,000 30,000 Additional paid-in capital - Preferred Additional paid-in capital -…

A: Cash Flow Statement It is important in the preparation of cash flow statement which are incurred…

Q: Label all final answers with the correct. units, if applicable. Unless otherwise stated, use 4…

A:

Q: 7. The following table show's a credit cardholder's transactions for his credit card with statement…

A: The answer is stated below:

Q: Inputs to the entire order-to-cash process (revenue cycle) normally could include all of the…

A: Revenue cycle is the process by which the company records the selling of goods and service to the…

Q: At the beginning of current year, Alto Company declared 1 for 5 reverse share split, when the market…

A: When a stock split is effected, the par value and total shares outstanding are adjusted to reflect…

Q: 2. On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest…

A: Steps to be followed: For each month calculate the interest amount on the balance including…

Q: P Incorporated purchased 80% of The S Company on January 2, 2014, when S's book value was $800,000.…

A: In the books of P, the Investment in S will initially be measured at Cost (Transaction Value). Any…

Q: Assuming that S has paid no dividends during the year, what is the ending balance of the…

A: Since S company has not paid any dividends during the year, the net assets method will be used to…

Q: Mathis co. at the end of 2016, its first year of operations, prepared reconciliation between pretax…

A: Income Tax: - Income Tax is the direct tax charged by the government on the income earned by the…

Q: Determine the net income attributable to Pakito Corporation.

A: In case of inter-company transaction, the sales made to each other would be cancelled out and thus…

Q: I need th answer for this multiple choice question and please give a short explanation about your…

A: Typically, higher interest rates reduce investment, because higher rates increase the cost of…

Q: ABC Company manufacturers high end-whole electronic systems. The company provides a one-year…

A: ABC Company reported liability for estimated warranty costs of P6.5 million at the beginning of this…

Q: A corporate expects to receive $37,399 each year for 15 years if a particular project is undertaken.…

A:

Q: As at 31 December 2020, Lambda Ltd’s property in its statement of financial position was: Property…

A:

Q: 38. PP Corp owns 80% of SS Inc.'s common stock. During 2019, PP sold SS P250,000 of inventory on the…

A: As per the norms of the Bartleby, in case of multiple independent questions been asked, the expert…

Q: In the statement of cash flows for the current year, what amount should be reported as net cash used…

A: Cash flow from financing activity includes the cash raised through financing activity by issue of…

Q: What is the suggested order for carrying out tasks using an ABC system?

A: The ABC system is a way of allocating indirect costs and overheads like salaries and utilities to…

Q: conomics is concerned

A: To explain the correct option as,

Q: Banana Company reports current year E&P of $1,300,000 and accumulated E&P at the beginning of the…

A: The answer has been mentioned below.         Note: Attempting the first three subparts of the…

Q: Officers and employees of the Cooperative Development Authority are disqualified to be elected or…

A: As per our protocol we provide solution to the one question only but as you have asked multiple…

Q: Yani Inc. is a wholly owned subsidiary of Pakito Corporation.  The following are excerpts from the…

A: Calculation of Gross Profit Margin % of Pakito Corp: =P750,000/(P2500,000 + P500,000) * 100 =30%

Q: The management of Unter Corporation; an architectural design firm, is considering an investment with…

A: Payback period is the period during which the investment in a project will be recovered from annual…

Q: he following materials standards have been established for a particular product:   Standard quantity…

A: Variance is considered as the difference between budgeted value and actual results. The management…

Q: 2020 2019 Account Description Debit Debit Cash          43,700         18,200 Accounts…

A: Cash flow statement: It is a statement which reports the cash inflows and outflows of a business…

Q: ABC PLC produces and sells a branded product. The following productions and sales forecasts for the…

A: Cash budget is the quantitative summary showing estimate for receipts and payments which will be…

Q: I. Capture in a table/matrix the similarities and differences between a private corporation and a…

A: A corporation is a separate legal entity with its own privileges and liabilities from its members.…

Q: Investment property includes all of the following, EXCEPT: A. For sale in the ordinary course of…

A: Introduction:- Investment property is property that an entity purchase to earn rental income and/or…

Q: Select the correct answer from the dropdown menu which describes the impact the following…

A: Accounting equation means the relation between the assets , liabilities and owner equity. Assets…

Q: ALOY Company acquires 100% of the voting stock of BENNET Company on January 1, 2021 for P400,000…

A: The acquirer shall recognize contingent consideration as a part of consideration transferred to…

Q: Compute for the consolidated net income. * Separate income statements of Quail Corporation and its…

A: The following calculations are needed to find out the consolidated income:- Share of Quail in…

Q: 2004 at a time when Cliff's book val qual to one another. On January 1, with a $45,000 book value to…

A: Investment income refers to the income gained by an entity because of the increase in the value of…

Q: The following breakdown of the MNO Corporation's property, plant and equipment and bonds payable is…

A: Cash flow from investing activities: It is a section of the cash flow statement that shows the cash…

Q: echnical & Ethical Issues with Tax Sky recently spoke to her father who is an experienced…

A: Here asked for multi question we will solve for first question for you as per Q/A guidelines. If you…

Q: TB MC Qu. 1-72 The cost of lubricants ... The cost of lubricants used to grease a production machine…

A: Costs which are directly attributable to the individual items produced are called direct cost.…

Q: L Trading Company operates a branch in Dallas, Texas.  At close of business on December 31, 2008,…

A: L Trading Company operates a branch in Dallas, Texas.  At close of business on December 31, 2008,…

Q: Mathis co. at the end of 2016, its first year of operations, prepared reconciliation between pretax…

A: The deferred tax represents the tax owed but not yet paid because there is a difference in the…

Q: 19 Era Company has 6,000 shares of 5%, $100 par non-cumulative preferred stock outstanding at…

A: In case of non cumulatively preferred stock if dividend payable for any year is not paid then it…

Q: Waterways has a sales mix of sprinklers, valves, and controllers as follows. Annual expected…

A: The contribution margin is calculated as difference between sales and variable costs.

Q: Create a Trial Balance.

A: The trial balance has been prepared from the general journal. The general journal and trial balance…

Q: The section of Waterways that produces controllers for the company provided the following…

A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…

Q: Balance Sheet (all values in £) Assets Cash Deposits with other Fls Investments (OECD gov. bonds)…

A: THE LOAN ASSET LOSS PROVISION RESULTS DUE TO NON-RECOVERIBILITY OF LOAN AMOUNT. THE POLICY HAS BEEN…

Q: Under weighted average method, the equivalent units used to compute the unit costs of ending…

A: Answer to (1): Under weighted average method, the equivalent units used to compute the unit costs of…

Q: How much is the net increase in additional paid-in capital to be recorded in the books of the…

A: On Dec 31,2011 XY Corporation was merged into AB Corporation.  AB issued 86,000 shares of the par…

Q: service contracts on equipment sold through major retailers. The standard contract is for three…

A: The liability to be  included in the December 31, 2021 balance sheet is the deferred warranty…

Q: Exercise 12A-2 Basic Present Value Concepts [LO12-7] Julie has just retired. Her company's…

A: Time value of money (TVM) refers to the method used to measure the amount of money at different…