Accounting Question

Q: You are a futures trader on Lean Hog at Kantar, New York. You have the following information on Lean...

A: Optimal hedge ratio is also known as the minimum variance hedge ratio, which states that the degree ...

Q: Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells t...

A: Contribution margin ratio is the ratio of difference of the company’s sales revenue and variable cos...

Q: On July 1, 2020, West Company purchased for cash, three $10,000 bonds of North Corporation to yield ...

A: Available for Sale (AFS): When investments are made in securities with an intention to make profit f...

Q: How is using a separate account for sales returns and allowances useful to management?If you owned a...

A:

Q: The Junior League of Yadkinville, California, collected recipes from members and published a cookboo...

A: The variable cost per unit is the proportion of the total variable cost to the total no of units

Q: Requirement 1. Calculate the cost of direct materials inventory 3/31/2017. Data Table Direct materia...

A: Direct materials inventory is all physical components that a company owns that will go into making a...

Q: Problem 10-5A (Part Level Submission) Talkington Electronics issues a $400,000, 8%, 10-year mortgag...

A: Answer:  An Installment Payments Schedule for the first 4 years:

Q: The Balance Sheet and Income Statement Data for Galaxy Computer Co. is given below BALANCE SHEET...

A: Ratio analysis helps the management in analyzing the statement in ratios for the purpose of identify...

Q: Traf Enterprises incorporated on May 3, 2011. The company engaged in the following transactions duri...

A: Trial balance: All the debit and credit balance of the general ledger of the organisation shown unde...

Q: Last year, Quayle Energy had sales of $200 million and its inventory turnover ratio was 5.0. The com...

A: Formula, Quick Ratio = [ (Current assets - Inventory )/ current liabilities ]

Q: How much money will there be in an account at the end of 9 years if $14000 is deposited at 7% intere...

A: Interest: Interest is the amount of interest paid on the issue price of the notes by the issuer at ...

Q: Instru 1. DIRECT OR INDIRECT COST Classify the following expenses as direct or indirect: a) factory ...

A: Direct costs: The costs which are directly attributable to a product or service or a cost object. Th...

Q: Which of the following assets require the strongest of internal controls? O credit cards O computer ...

A: Internal controls are policies and procedures implemented by an organization to attain operational g...

Q: What is the largest investing activity outflow during the most recent year? (Indicate reconciling it...

A: Cash Flow Statement; It refers to the Accounting statement of a particular organization in which inf...

Q: How do I find the cash of the RV?

A: RV is the type of loan that helps in the finance of motor vehicles. A recreational vehicle (RV) loan...

Q: Accounting Question

A: Profit and loss statement: Profit and loss statement is one of the financial statements of the compa...

Q: On a classified balance sheet, wages payable is classified as: a.a current liability. b.a long-term...

A: Wages payable: Wages company should pay them to employees but not paid by the company.

Q: Everyday Supplies Pty Ltd is a single-store retailer that sells a variety of tools, garden supplies,...

A: Internal control: Internal control is a process which ensures continuous reliability of accomplishme...

Q: Assuming Net Sales is $180,000, Cost of Goods Sold is $79,000, Selling Expenses are $28,500, General...

A: Income from operations are the income that is generated from the daily operations of the business. T...

Q: For Questions 21 through 30, assume that you are reporting on an audit of a client’s financial state...

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...

Q: The master budget at Western Company last period called for sales of 225,000 units at $9 each. The c...

A: A flexible budget is a budget that adjusts the activity level of a company. A flexible budget contin...

Q: The opening cash balance on 1st Jan was expected to be Rs. 30,000. The sales budget was as follows:N...

A: Cash budget means the expected cash inflow and cash outflow in near future.  

Q: Accounting Question

A: Bank reconciliation statement is prepared by almost every organization at a particular time. It is a...

Q: NPV and IRR: Unequal Annual Net Cash InflowsAssume that Goodrich Petroleum Corporation is evaluating...

A: Initial Investment =$ 58,220 Discount Rate (R) = 10% Present value factor = 1(1+R)n n = Time period ...

Q: solve a( i,ii,iii) please for the image provided.

A: Payback period determines the number of year going to be consumed to recover the investment made by ...

Q: How do I prepare the bugdet and replace all question marks into formula?

A:   Answer :  All the required calculations are also given under budget form.   

Q: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production wer...

A:

Q: alance aun buisn lowin 2019. punts payable $1,830 12,050 ner Ale Capital Mar 1 17 300

A: Balance Sheet:   Balance sheet is a financial statement which helps to know financial position of co...

Q: Comprehensive Dakota Corporation had the following shareholders' equity account balances at December...

A: Statement of Retained earnings(R/E):  it shows the changes in the R/E over the period. The R/E are t...

Q: Computing EPS: Simple Capital Structure At the end of 2020, the records of Block Corporation reflect...

A: EPS is the value of earnings that is earned by equity shareholders for every share, it is computed a...

Q: On January 1, 2020 share options were granted to employees where they can purchase 100,000 ordinary ...

A: Total fair value of options granted = Fair value per share x No. of shares granted = P40 per share x...

Q: apany manufactures and sels musiical gadgets The businesss earned ing Income of $220,000 in 2018, wh...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: Problem.No.1 Amalgamation in the nature of purchase -Net Asset Method without statutory reserve) A a...

A: The PC (Purchase consideration) is the money that is being paid to the transferor by the transferee ...

Q: %24 %24 %24 %24 Cost of Merchandise Gross Profit Ending Inventory Sold a) First-in, first-out $4 $4 ...

A: FIFO stands for First In First Out LIFO stands for Last In First Out

Q: I need the solution with the working notes for the question attached below .

A: Statement of Profit and Loss: This is one of the financial statements which represents the current p...

Q: Problem:

A: Net Realizable value: Net realizable value help in measuring the value of asset that can be released...

Q: What method does Johnson & Johnson use for the Operating Section of the Statement of Cash Flows?

A: Statement of Cash Flow: Statement of cash flow is one of the main financial statements which reports...