The subjec can take m prospectiv O True O False

Q: A stock has a beta of 1 18. The risk free rate is 1964% and the market risk premium is 5% What is…

A: Formula: Expected return = Risk free return + (Beta X Market Risk Premium)

Q: 2. Grace, a financial analyst, is looking at the 2020 financial statements of ACE Company and…

A: GIVEN    Grace, a financial analyst, is looking at the 2020 financial statements of ACE Company and…

Q: At the end of the financial year ending 30 June 2022, the following adjustments are required.…

A: The adjustment entries are prepared to adjust the revenue and expenses at the year end. The…

Q: If Marissa's yearly salary was $65,900 and she received taxable benefits in the amount of $1127.99…

A: T4 slip is the slip to be filled by the income tax payer in Country C by following the rules…

Q: As the desire decreases for a given materiality amount, the sample size necessary to test an…

A: Auditing and Assurance

Q: 31-day billing cycle 10/1 Previous balance 10/3 Credit 10/12 Charge: King Soopers 10/15 Payment…

A: To find out the amount owed, closing balance needs to be added with monthly finance charge.

Q: Salve Co is engaged in raising dairy livestock. The entity provided the following information during…

A: As per IAs 41  Agriculture, A biological asset is to be measured at  fair value  less cost to sell…

Q: Based on the following selected accounts provided to you by the chief accountant of Barbi Traders:…

A: The trial balance is prepared to record the final balance of each account of the business as debit…

Q: Rhett Corporation provides the following information for 2020:   20   Budgeted manufacturing…

A: The overhead rate is calculated as total overhead cost divided by estimated base activity.  The…

Q: When the boards of directors of the potential combining companies negotiate mutually agreeable terms…

A: An unfriendly or hostile merger occurs when the management does not agrees but the shareholders do…

Q: On December 31, 2022, Joshua Company had an equipment with cost of P9,000,000 and accumulated…

A: Lets understand the basics. As per IAS 36 "Impairment loss", impairment loss arise when recoverable…

Q: a) Determine the equation that models this population. b) Calculate the number of people after year…

A: Valuation of Property with help of appreciation rate  Formulation of equation to calculated…

Q: Silven Industries, which manufactures and sells a highly successful line of summer lotions and…

A: The question is based on the concept of Cost Accounting.

Q: nyder Company produced 90,000 units during its first year of operations and sold 86,100 at $19.92…

A: Answer 1) Calculation of Unit Cost under Absorption Costing Unit Cost = (Direct materials + Direct…

Q: 58. ABADDON CORP. shows the following planned data for the year 2019: ESTIMATED SALES 20,000 units…

A: The variable expenses are the expenses that arw increased or decreased with changes in number of…

Q: Maya-Maya Company had the following transactions during 2020: a. On January 1, Vilma company…

A: The expenses which are included in the income statement are cost of goods sold, depreciation and…

Q: the entity purchased a m nts of P500,000. The first suance was 10%. The prese an annuity of 1 in…

A: Cost refers to the amount at which the goods are exchanged and purchased in the market by the…

Q: 4. Miguel receives a basic salary of P13,750 a month. He also receives a bonus of 5% of the amount…

A: Earnings is the total amount earned by the individual in the particular period. It can be in the…

Q: e total cost of manu ation p(x) of C(x) a e this with the exact n(x) about n(x 20

A: We will use linear approximation of a function  let y = f(x) is the function  to find local linear…

Q: The policy implications of the Keynesian income determination model are as follows Counter-cyclical…

A: Answer:-  Keynesain income determination:- The equilibrium level of national income is established…

Q: Gross profit Less: Operating income 4. What if November production was 57,000 units, costs were…

A: Contribution margin is the excess of sales over variable cost.

Q: Cash Note Recenable P 67,075 70,000 176,500 Accounts Receivable Allowance for Bad Debes 5,400…

A: Solution..   Net sales  = Sales - sales return - sales discount  = 572,875 - 11,000 - 6,400  =…

Q: Donald Electronics an electronics repair shop, prepared the unadjusted trial balance at the end of…

A: The ten column worksheet details about unadjusted trial balance, adjustments, adjusted trial…

Q: balance at 3.80% compounded monthly. Mr. Harrington will make a payment of $7000 4 months from now…

A: Periodic Interest rate (i) is the rate of interest after considering the compounding periods. It is…

Q: Lina Company purchased equipment on January 1, 2022 for P5,000,000. The equipment had a useful life…

A: Given information, Cost of the equipment=P5,000,000 Residual value =P600,000     Computation of…

Q: David Davis died in 2019 and left an estate valued at $13,900,000 after the payment of his debts.…

A: Given : David Davis died in 2019 and left an estate valued at $13,900,000 after the payment of his…

Q: Determine if this shall result in recognition of liabilities 6. Declaration of cash dividends on…

A: Cumulative preference shares are those preference shares whose dividend gets accumulate if any year…

Q: What are examples of various types of business-type funds used in governmental units? How are…

A: Business-type funds used in governmental units are the activities grouped by the government entities…

Q: How can we determine the interest rate of a company from the annual report ? provide examples

A: Interest Expenses It is important for the business entity to calculate the interest cost which are…

Q: 10. If a company has current assets of $230,000 and current liabilities of $100,000 the amount of…

A: Formula: Working capital = current Assets - Current Liabilities

Q: Problem #1: Bank Reconciliation Using the information provided below, complete 1) a bank…

A: The process of recording business transactions in the books of accounts for the first time is…

Q: jos= dition esolutory

A: The answers have been mentioned below.

Q: If the fair value of net assets is less than the offered price the acquisition considered as a…

A: Fair value of the assets is the amount which can be fetched by entering into sales transaction…

Q: Q.1 On January 1, 2019, Rami Corporation purchased 25% of the outstanding common stock of Sawsan…

A: Allocation journal entries fall into four basic categories: fixed dollar allocations, fixed…

Q: TTY Corp. uses a job-order costing system to account for its production. During the month of…

A: The Overapplied overhead cost is subtracted from the cost of goods sold to adjust the same. The…

Q: On January 1, 2022, Roxanne Company purchased equipment with cost of P10,000,000, useful life of 10…

A: Lets understand the basics. As per IAS 36 "Impairment of assets", impairment arise when recoverable…

Q: Determine if this shall result in recognition of liabilities 11. withholding of taxes on employees'…

A: The employer will need to pay the amount  of tax withhold on employees compensation to government.

Q: . Which of the following is not one among the limitations of EOQ?    a. All the related components…

A: The question is related to Economic Order Quantity. It is that level of inventory at which holding…

Q: Roberto Company purchased a P4,000,000 tract of land as an investment property. The entity razed an…

A: Purchase of land: Purchase of land means acquiring the land or any part of land for carrying out the…

Q: Show Attempt History Current Attempt in Progress Sheffield is unable to reconcile the bank balance…

A: A bank reconciliation statement is a summary of banking and buiness activity that reconiles an…

Q: On January 1of the current year, the furniture account had a balance of P 24.000 with accumulated…

A: Net book value of the assets = Total cost of the assets - Accumulated depreciation where,…

Q: A limited partnership differs from an ordinary partnership by O having a limited number of partners.…

A: "Limited" in limited partnership is used for the liability of the partners.

Q: JohnBoy Industries has a cash balance of $45,000, accounts payable of $125,000, inventory of…

A: Working capital, also known as net cash flow (NWC), is the difference between a company's current…

Q: Determine if this shall result in recognition of liabilities 16.Sale of goods with product warranty…

A: Product warranty means a condition to repair or replace the sold goods for damages within certain…

Q: What is operating income using variable costing?   A) $52,500   B) $78,750   C) $65,750

A: The variable costing assumes only variable manufacturing costs in the product cost.  The…

Q: Which of the following audit phases would generally be conducted last in relation to the others? *

A:

Q: Based on the following selected accounts provided to you by the chief accountant of Barbi Traders: P…

A: Trial Balance: Trial balance is a statement in which the ending balance of ledger accounts are…

Q: began operations in 2022 in rental quarters. In October 202 (land and building) for $600,0o0, paying…

A: The answer has been mentioned below.

Q: Controls that enhance the accuracy and reliability of the accounting records are automated…

A: Accounting control is the manner in which process are configured to. Manage risk within an…

Q: Everything else held constant, would it be better to depreciate a project with DDB depreciation or…

A: Working capital, also known as net cash flow (NWC), is the difference between a company's current…