4.1 Conduct a PESTLE analysis for Sassa and Sapo using the evidence from the case.

Q: Net operating income for April under variable costing: A. 4,900 C. (11,100) B. 6,600 D. 11,500

A: Under variable costing, net operating income is calculated by first calculating contribution margin…

Q: Use the following information to compute the unadjusted cost of goods sold for the period:

A: Cost of goods manufactured (COGM) is the total cost incurred in the production of finished goods…

Q: MuCao Creamery has recently expanded into 3 provinces in Southeast China. Currently, there are three…

A: Answer:- Formula:- Average price = Total Revenue / Number of units sold

Q: Marsha Incorporated has the following budgeted data for the coming year: Cash balance, beginning…

A: CASH BUDGET  Cash Budget is a detailed budget of cash income and cash expenditure incorporating both…

Q: what are the importance of tral balance in accounting?

A: Trial balance is a statement of all the general ledger account balances at a specific point in time,…

Q: At its inception, the lease term of Lease G is 50% of the estimated remaining economic life of the…

A: The practice of documenting and summarizing financial transactions connected to a lease agreement…

Q: following information applies to the questions displayed below Glennelle's Boutique Inc. operates in…

A: A journal entry is an accounting transaction that records the financial effects of a business event…

Q: Schaffer Corporation issued $640,000 of 5%, 12-year bonds payable on March 31, 2022. The market…

A: Bonds payable refer to long-term debt securities issued by corporations, municipalities, or…

Q: The unsold inventory at the end of a given year is sold to unaffiliated entities outside of the…

A: A parent company and subsidiary company relationship exists when one company, known as the parent…

Q: Current Attempt in Progress Blossom Builders contracted to build a high-rise for $27,000,000.…

A: The percentage of work completed method is a technique used in contract costing to determine the…

Q: Pelé Corp. owns a popular convenience store in Washington state. Messi Corp. is hoping to purchase…

A: Excess contributed capital is an accounting phrase that refers to the amount of money received by a…

Q: - customer has requested a quotation for a machining job consisting of 80 parts. The starting work…

A: Quote Price = Total cost + Markup

Q: Washington Mutual, was a US Bank which went bankrupt at the end of 2008 due to a number of risk…

A: The case of Washington Mutual highlights the crucial importance of an effective internal risk…

Q: Accounts receivable changes with bad debts A firm is evaluating an accounts receivable change that…

A: Company provide credit to the customers to increase sales but increase in credit increased default…

Q: Prepare the journal entries on Blossom Corp.'s books to record the payments and expenses related to…

A: This are the contracts in which the property owner allows another party to use the property in…

Q: purchased merchandise from Captain Corporation on September 30, 2024. Payment was made in the form…

A: The current value of a series of future cash flows is an annuity's present value. These cash flows…

Q: Mercury Company has only one inventory pool. On December 31, 2024, Mercury adopted the dollar-value…

A: LIFO stands for Last in first out. Using LIFO method, the newer inventory is sold first and older…

Q: artisa Inc. was organized on February 1, 2019, by two friends to provide construction services to…

A: A financial summary called a cash flow statement displays the inflows and outflows of currency and…

Q: Lease 105 does not contain a purchase option but the present value of the lease payments equals the…

A: There are two types of finance lease and operating lease. Finance lease is a lease which satisfies…

Q: Ivanhoe Inc. had a bad year in 2021. For the first time in its history, it operated at a loss. The…

A: Break Even Point :— It is the point of production where total cost is equal to total revenue. At…

Q: ABC was formed by an investor who exchanged 1,000,000 for 100,000 shares of stock on August 1. ABC…

A: Financial statements are formal documents that present a company's financial performance and status…

Q: lue Co. purchased a patent from the inventor for $36,000 on March 1, 20X6. Blue Co.’s fiscal…

A: Amortization expenses account for the cost of long-term assets (like computers and vehicles) over…

Q: Jasper Fruits Corporation wholesales peaches and oranges. Barbara Jasper is working with the…

A: Budgeting is referred to as the tactical implementation of a business plan which helps in achieving…

Q: Edward Lee, president of Sunland Always, agrees to construct a concrete cart path at Novak Golf…

A: The transaction price is the amount of consideration to which an entity expects to be entitled in…

Q: If the Stock Dividends 25%, recorded at book value. Example1: Velvet Company has 5,000 shares…

A: There are two types of dividend one is cash dividend and other one is stock dividend. Under cash…

Q: The following data are available for Sellco for the fiscal year ended on January 31, 2023: 790 units…

A: Units available for sale=Beginning inventory units+Units purchased Units in ending inventory=Units…

Q: As the buyer for the rrysburg, you are evaluating a supplier organ returned acceptable bids within…

A: The question is based on the concept of Financial Accounting. Weighted average is the sum of the…

Q: Concord Sports began operations on January 2, 2020. The following stock record card for footballs…

A: LIFO (last in, first out) is an inventory valuation method that determines the cost of goods sold…

Q: Goring Dairy leases its milking equipment from King Finance Company under the following lease terms.…

A: Lease is defined a contractual agreement incorporated between two business entities where one entity…

Q: Polo company sold 10,000 units of merchandise to Exxon company for a price of $10 each in cash…

A: (1) Debit what comes in, Credit what goes out.(2) Debit all expenses and losses, Credit all incomes…

Q: You’ve just secured a new client in your accounting practice, Howard's Flight Radio Management…

A: Journal means the book of original entry where the first time entry is passed. Journal book will…

Q: The comparative, unclassified statement of financial position for Sunland Ltd. shows the following…

A: A cash flow statement is a financial statement that reports the cash inflows and outflows of a…

Q: Which of the following is true of accounting for research and development cost?     Responses…

A: The term "GAAP" (generally accepted accounting principles) refers to the generally recognised…

Q: 021, Eagle Company borrows $31,000 cash by signing a four-y nents of $9,360, consisting of accrued…

A: Amount borrowed = $31,000 Annual interest rate = 8% Year =  4 Annual payment = $9,360

Q: Over But not over Tax is: Of amount over: $0 $50,000 15% $0 $50,000 $75,000 $7,500 + 25%…

A: Tax is the charge on the income of the taxpayer levied by the government or taxation authorities. It…

Q: -Record the journal entry for the interest expense on 6/30/2021? -What is the net book value of…

A: Bonds payable : When a business issues bonds to raise money, bonds payable are recorded. The…

Q: Problem 6-28 (Algo) (LO 6-3) Cairns owns 70 percent of the voting stock of Hamilton, Inc. The…

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: Where are changes in fair value for trading debt securities reported? OA. as a component of…

A: Trading debt securities are financial instruments that are bought and held by a company with the…

Q: Garfield Corporation expects to sell 1,400 units of its pet beds in March and 900 units in April.…

A: Budgeted purchases refer to the estimated amount of money that an organization plans to spend on…

Q: Four years ago, Gensco Products Inc. (your employer) purchased for $4,250,000 a new office telephone…

A: Salvage value, also called scrap value, is the value of a specific asset after its useful life. In…

Q: On December 31, 2024, Windsor Corporation signed a 5-year, non-cancelable lease for a machine. The…

A: Lease agreement: A lease agreement is a contract between two persons which  are lessee and lessor…

Q: In 2022​, Sargent Company experienced a major casualty loss. The roof of its warehouse collapsed in…

A: Income statement analysis involves examining a company's income statement to gain insights into its…

Q: Placid Lake Corporation acquired 90 percent of the outstanding voting stock of Scenic, Inc., on…

A: Assets, liabilities, and other financial components of two or more businesses are combined into one…

Q: XYZ Corporation has a deferred compensation plan under which it allows certain employees to defer up…

A: Deferred compensation refers to the portion of an employee's compensation that is earned in one…

Q: P3.6 (LO3,4) (Adjusting Entries and Financial Statements) The following are the trial balance and…

A: Journal entries are the transactions that are recorded in the primary book. They are chronological…

Q: Support Department Cost Allocation—Direct Method Yo-Down Inc. produces yogurt. Information related…

A: The support department cost can be allocated to different production department, using different…

Q: On January 1, Year One, the Rhode Island Redbirds organization purchased new workout equipment for…

A: Equipment had a cost of $16,000, transportation costs of $500, and set-up costs of $300. The…

Q: 5.11. Presented below is the adjusted trial balance of a company at Dec. 31, 2019. Cash Supplies…

A: The statement of financial position is a summary of permanent accounts prepared at the end of the…

Q: Nominal Risk-Free Rate (NRFR) , considers the  conditions in the capital market and Expected rate of…

A: The Nominal Risk-Free Rate (NRFR) is the theoretical rate of return on an investment that carries no…

Q: On January 1, 2023, Lavery Corp., which follows ASPE, leased equipment to Blossom Ltd., which…

A: A lease is a legally binding agreement in which one party agrees to rent property owned by another.…