5. Answer questions A B and C
Q: 3. Describe four decisions for which ABC information is useful.
A: ABC is referred to as "Activity Based Costing".
Q: ment by using
A: The benefit cost ratio is calculated by : Present value of net benefits or cashinflows Prsent…
Q: Do question 6
A: Balance sheet is a type of financial statements that show the financial balances of any company at…
Q: 3. Answer questions A B and C
A: a. Receivables turnover = Credit sales / Receivables = $5,153,850 / $440,016 = 11.71 times b.…
Q: What is the answer in number 5?~
A: Question- 5 Cost of Production- Cost for Production refers to entire expenses which are experienced…
Q: Complete question 3.
A: These are the accounting transactions that are having a monetary impact on the financial statement…
Q: Question 2
A: As you have asked multiple questions, we will solve the question requested by you i.e. Question…
Q: Need help with 1 and 4, 4b)
A: The payment for wages can be weekly, biweekly, monthly bi-monthly, etc. When payment for wages is…
Q: 6) Explain Realisation concept and provide example.
A: Accounting concepts are those rules, regulations and guidelines which are used for the…
Q: is the right answer 7.38
A: Let 100 be the value of Ne Zealand dollar Value of US dollar = 140 Value after inflation in New…
Q: QUESTION 3
A: Variable Overhead Efficiency Variance = Standard Rate(Actual hours - Standard Hours) Standard Hours…
Q: answer for part 4, 5 & 6?
A: Portfolio expected returns, standard deviation, and the Sharpe Ratio: The expected return on a…
Q: 6. Which of the following
A: A non-financial asset plays an important role in determining the market value of the company and the…
Q: Do requirement 1. d, e, f
A: Cash system of accounting means where all expenses , losses , income and gain are recognized on the…
Q: What are the answers to Required 4a, 4b, 4c
A: 4. a) Contribution margin formula = sales -variable cost here the Andretti Company is going for the…
Q: å. Prépăre a sch b. Explain vour
A: Solution:-1 Computation of Schedule showing the contribution margin per machine hour for each…
Q: Answer question 8
A: The expense charged over the fixed assets value at the end of each year to reduce the book value of…
Q: 5. an example for available for s
A: Available for sale (AFS) is a type of securities are purchased with the intention to be sold before…
Q: #5 is the question
A: Net Present Value (NPV) shows net present worth of project which is surplus of PV of all cash…
Q: 6) Identify and receipts and
A: Answer; Cash receipts are the receipts that are received by company on account of any sales or…
Q: What is i with the given, G = $7,500, P= $254,110, and n=10? Select one:
A: G is gradient, PV is present value, i is interest rate and n is time period
Q: Give 1 example of ordinary interest and explain in 5 sentences when and where to apply this.
A: The interest rate is the amount charged by a lender to a borrower and is expressed as a percentage…
Q: a
A: Nominal Rate of Return reflects actual amount of return to be received over a period. Inflation…
Q: 3. An Con any selis IIS
A: In Cost Volume Profit analysis we always try to see that how…
Q: Answer iii.
A: In perpetual method of inventory, the calculations of inventory is done as and when it is bought and…
Q: Please answer a..b..c .
A: Given information : First payment period = 21 years ago Monthly payments = $150 Interest rate for…
Q: wer #
A: Given information :
Q: pplicability recognize
A: COSO model defines internal control --…
Q: Answer question 2, is it true or false
A: Banker's acceptances refers to that instrument in finance in which the payment is guaranteed by a…
Q: Question Numbers 5, 6,and have not been answered
A: 5) Compound Money at the end of 7 years = 350,000 * ( 1 + 0.16/4)7*4 = 350,000 * (1.04)28 = 350,000…
Q: Answer item 5
A: The item 5 don't have any impact on the income of that year. The impact of this transaction is only…
Q: Q4. What is the meaning of: b. n/eom:
A: It is regular affair between the seller and buyer to provide credit terms in the settlement of the…
Q: can you answer items #3 & #4? tysm
A: What is the total spending variance? Predetermined overhead RateEstimated manufacturing Overhead =…
Q: Question 3
A: Given information : Real rate over the world = 0.73% Formula for international Fischer effect : ( 1+…
Q: answer
A: Introduction: Compound interest can be defined as the interest on any loan or deposit amount. This…
Q: (C) (51.05) (d) 10 10
A: The future value and present value can be find out from the interest rate and time period of…
Q: 3) Explain Going Concern concept and provide example.
A: The accounting is a process to identify the business transactions, record the transactions and…
Q: what is the solution of question P.3.5(part b, c, d)?
A: As posted multiple sub parts we are answering only one first sub parts kindly repost the unanswered…
Q: C, D, E
A: c. Receipt of cash from clients for current month means the service revenue belongs to this month…
Q: Answer question 9, is it true or false
A: In the world of lending, banking and finance loans are usually secured loans and unsecured loans.
Q: How do I solve subsections D and E?
A: Dividend is the portion of net income which is distributed among the shareholders. The dividend paid…
Q: Problem 1 and Problem 2
A: Debit Credit a. Cash J. De Belen, Capital b. Furniture Account payable c. Equipment Account…
Q: True or false for Question 6 and
A: Leverage is use of debt in the capital structure or leverage indicates how much debt and how much…
Q: Answer each of the following independent question: a and b
A: Under the bonus method, the total capital investment is calculated by adding the investment of new…
Q: pls answer no. 4 and 5
A: The key contrast between depreciation expenditure and cumulative depreciation is that one appears as…
Q: Do b)
A: Disposal of Asset Account Format /Template Asset Disposal Account Date Account Name Debit…
Trending now
This is a popular solution!
Learn your way
Includes step-by-step video
Step by step
Solved in 2 steps
- Below is Company A's balance sheet at the end of 2022. Assume that Company A issues 25 shares of common stock and 1 share of preferred stock. What is the earnings per share of Company A? 2022 AmountNet sales$1,000.0Variable operating costs 770.0Fixed operating costs 50.0Depreciation and amortization 50.0Interest30.0Taxes20.0Preferred dividends5.0Common dividends25.0 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Pleaase provide solution for the following. Answers are already given 9. Pineapple Co. reported total assets of P2,100,000 and total liabilities of P1,360,000 in its December31, 2020 balance sheet. The following transactions occurred during 2021:• On August 1, Pineapple Co. issued an additional 10,000 ordinary shares at P25 per share• The company paid dividends totaling P160,000• Net income during the year was P220,000• Reacquired treasury shares of 4,000 at P30; subsequently reissued 2,000 shares for P39 per share• No other changes occurred in Stockholders’ Equity during the year.What is the balance of the Stockholders’ Equity section in its December 31, 2021 balance sheet?a) P800,000b) P1,008,000-answerc) P1,050,000d) P1,370,000 12. In 2020, Lychee Appliance Manufacturing introduced a fully automatic washing machine with a dryer.The sales price per unit, which comes with a warranty, is P40,000. The company offers a three-yearwarranty against defects and provides service other than…Please answer asap! UPVOTE will be given! No long explanation needed. The following information pertains to GMA Corp. for the year ended December 31, 2021: Accumulated Profits – Free, January 1, 2021: ₱3,800,000 Accumulated Profits – Appropriated for contingency, January 1, 2021: ₱700,000 Net income for 2021: ₱2,324,000 Share dividends declared November 25, 2021 and distributed on December 15, 2021: ₱370,000 Cash dividends declared December 1, 2021 and distributable on January 15, 2022: ₱490,000 Appropriation of accumulated profits for contractual obligations in 2021: ₱1,500,000 Reversal of appropriation for contingency in 2021: ₱700,000 How much is the total Accumulated Profits as of December 31, 2021?
- The following are extracts from Beer’s ledger for the year ended December 31, 2017$'000Profit for the year 421Dividend (98)323During the year the following important events took place:1) Properties were revalued by $105,000 increase.2) $200,000 equity shares of $1 were issued during the year at a 25c premiumThe opening equity balance were as follows:Issued capital 400Share premium 50Other components of equity 165Retained earnings 310925 Required:In accordance with IAS 1, prepare the statement of changes in equity for the year-ended 31December 2017.Show all workingsCloset Organizers Inc. sells closet organizing systems. Selected accounts and their balancesas of September 30, the end of the current year are: Common Stock, $42 par 12,810,000Paid-in Capital from Sale of Treasury Stock-Common 330,000Paid-in Capital in Excess of Par - Common Stock 453,000Paid-in Capital in Excess of Par - Preferred Stock 156,000Preferred 2% stock, $100 par 520,000Retained Earnings 64,358,000Treasury Stock-Common 1,006,250 Prepare the Stockholder's Equity section of the balance sheet as of September 30, the end ofthe current year using Method 1 of Exhibit 8. Preferred stock has sixty thousand shares authorizedand common stock has four hundred thousand shares authorized. There are twenty-fivethousand shares of common stock held as treasury stock.Accounting You will need to perform BOTH rate of change analysis AND common size analysis Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions 12 Months Ended Jan. 31, 2021 Jan. 31, 2020 Jan. 31, 2019 Revenues: Net sales $ 555,233 $ 519,926 $ 510,329 Membership and other income 3,918 4,038 4,076 Total revenues 559,151 523,964 514,405 Costs and expenses: Cost of sales 420,315 394,605 385,301 Operating, selling, general and administrative expenses 116,288 108,791 107,147 Operating income 22,548 20,568 21,957 Interest: Debt 1,976 2,262 1,975 Finance, capital lease and financing obligations 339 337 371 Interest income (121) (189) (217) Interest, net 2,194 2,410 2,129 Other (gains) and losses (210) (1,958) 8,368 Income before income taxes 20,564 20,116 11,460 Provision for income taxes 6,858 4,915 4,281 Consolidated net income 13,706 15,201 7,179 Consolidated net income attributable to noncontrolling…
- This exercise is built around Kroger’s financial statements from the chapter. Total shareholders' equity—The Kroger Co. was $5,384 million at February 1, 2014. Refer to Exhibits 6.1, 6.6 and 6.14 from the chapter. Required: Kroger earned an ROA of 6.9% in fiscal 2014. What was ROCE that year? (Round your answer to 1 decimal place.) ROA at the company fell to 3.7% in fiscal 2017 (adjusted to eliminate the one-time effect on earnings of the Tax Cuts and Jobs Act). What was ROCE that year (also adjusted for the Tax Cuts and Jobs Act)? (Round your answer to 1 decimal place.) Did financial leverage help or hurt Kroger in fiscal 2017? 1. ROCE 2014 % 2. ROCE 2017 % 3. Did financial leverage help or hurt Kroger in fiscal 2017? Help or Hurt The solution provided here is incorrect on both ROCE 2014 and 2017 https://www.bartleby.com/questions-and-answers/accounting-question/c6ae7ccf-dbdc-4f14-a0f2-d10cf6b460ecThis exercise is built around Kroger’s financial statements from the chapter. Total shareholders' equity—The Kroger Co. was $5,384 million at February 1, 2014. Refer to Exhibits 6.1, 6.6 and 6.14 from the chapter. Required: Kroger earned an ROA of 6.9% in fiscal 2014. What was ROCE that year? (Round your answer to 1 decimal place.) ROA at the company fell to 3.7% in fiscal 2017 (adjusted to eliminate the one-time effect on earnings of the Tax Cuts and Jobs Act). What was ROCE that year (also adjusted for the Tax Cuts and Jobs Act)? (Round your answer to 1 decimal place.) Did financial leverage help or hurt Kroger in fiscal 2017? 1. ROCE 2014 % 2. ROCE 2017 % 3. Did financial leverage help or hurt Kroger in fiscal 2017? Help or HurtJustice Corporation reported the following financial statements: LOADING... (Click the icon to view the financial statements.) The company has 2,900 shares of common stock outstanding and the market price is $25 per share. What is Justice's price/earnings ratio? (Round any intermeidary calculations and your final answer to two decimal places, X.XX.) A. 0.09 B. 8.80 C. 8.80 times D. $0.09 Click to select your answer. Financial Statements Justice Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets: Cash and Cash Equivalents $2,150 $1,724 Accounts Receivable 1,966 1,772 Merchandise Inventory 1,348 1,104 Prepaid Expenses 1,638 2,055 Total Current Assets 7,102 6,655 Other Assets 17,335 16,268 Total Assets $24,437 $22,923 Liabilities Current Liabilities $7,383…
- The total assets and liabilities of Robot Company at January 1 and December 31, 2022are presented here.January 1 December 31Assets $76,000 $112,000Liabilities 26,000 28,800 Instructions: Assume additional stock was issued for $62,000 and dividends of $15,600 were paid during the year. Compute net income. Assume additional stock was issued for $6,000, and net income was $51,000. Compute dividends paid.usiness FinanceQ&A LibraryABC Company had addition to retained earnings for the current fiscal year just ended of $395,000. The firm paid out $195,000 in cash dividend, and it has ending total equity of $5.3 million. The company currently has 170,000 shares of common stock outstanding. Please answer the following questions: What are earnings per share (E/PS)? Dividends per share? Book value of share? ABC Company had addition to retained earnings for the current fiscal year just ended of $395,000. The firm paid out $195,000 in cash dividend, and it has ending total equity of $5.3 million. The company currently has 170,000 shares of common stock outstanding. Please answer the following questions: What are earnings per share (E/PS)? Dividends per share? Book value of share? Question Asked Sep 12, 2020 1 views ABC Company had addition to retained earnings for the current fiscal year just ended of $395,000. The firm paid out $195,000 in cash dividend, and it…The trial balance of Titan Company on December 31, 2018 includes the following accounts: Share capital P1,500,000Share premium 500,000Treasury shares, at cost 200,000Retained earnings unappropriated 600,000Retained earnings appropriated 300,000 What amount should be reported as total shareholders’ equity?a. P2,700,000b. P3,100,000c. P2,600,000d. P2,300,000