What are the disadvantages of cutting expenses/costs and utilising trade credit insurance, when it comes to working capital and operating cycle?

Q: In a business combination - stock acquisition, difference between current fair values and book value...

A: Business Combination: In a business combination, the acquirer gains ownership of another firm via a ...

Q: Cate bought a new car for $25,000. The bank granted her a loan with a simple interest rate of 7% ove...

A: Using simple interest method, the interest is paid equal during every period. 

Q: C purchases 80 percent of D. At the date of acquisition, D has revenue of P250,000 and expenses of P...

A: The pre acquisition profit is the profit made by the Subsidairy company before acquisition made by p...

Q: Multiple Company provided the following information on December 31, 2020: Accounts payable after ded...

A:

Q: aoul's credit card statement showed these transactions during May. May 1 May 6 May 10 May 15 May 26 ...

A: In credit cards bank charges interest based on daily balance during month and interest is charged ba...

Q: Required information [The following information applies to the questions displayed below.] Performan...

A: Activity rate – it is rate of an activity in an activity cost pool which is used as a basis for allo...

Q: deposit

A: The government and the corporation raise finance by issuing bonds. The borrower is obligated to pay ...

Q: The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-mon...

A: The question is based on the concept of the cost accounting

Q: Which of the following transactions results in the recognition of an exp O Withdrawal of cash by the...

A: Solution 1: An Expense is the cost of operations that a business incurs to generate revenue. In shor...

Q: A business received cash of P30,000 in advance for revenue that will be earned later. The receipt  e...

A: Revenue earned  = P30,000 - P11,000 = P19,000   Unearned revenue has a credit balance of P30,000 bef...

Q: Ingredient A12H is a material used to make Calvin Corporation's major product. The standard cost of ...

A: Your journal entries may not be seen if you use accounting software or outsource your accounting, bu...

Q: what were JT’s annual sales and DSO?

A: current ratio = current asset/current liability 1.8=67500/current liabilities current liabilities = ...

Q: Hernandez, Inc. manufactures three models of picture frames for a total of 8,000 frames per year. Th...

A: Solution:- Calculation of an incremental analysis for the make-or-buy decision as follows under:- No...

Q: The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Work In Proc...

A: In this Question, we have to find out the manufacturing under applied and overapplied overhead  When...

Q: PART I- FMT Company had the following balance sheets and income statements accounts over the last th...

A: Horizontal Analysis - Horizontal Analysis is calculated by first calculating difference between bas...

Q: In a business combination - stock acquisition, difference between current fair values and book value...

A: Business Combination: In a business combination, the acquirer gets ownership of another company via ...

Q: RR Corporation acquired 80 percent of the stock of GG Company by issuing shares of its common stock ...

A: The question is related to Consolidated. The details are as under RR Corporation Share = 80% Non-con...

Q: CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a n...

A: Net present value is is one of the capital budgeting technique widely used by the management to eval...

Q: The Majors Company collected the following information (in days): Inspecting product Transporting pr...

A: The production cycle time is the time it takes to transform raw resources into finished goods. It is...

Q: Use the following to answer questions 18 – 21 BY Ic., begins the year with inventory of $36,500 and ...

A: Net sales = Sales - Sales returns and allowances Cost of goods sold = Beginning inventory + Purchase...

Q: Use the following to answer questions 7– 17 During September, KC Company sells 730 mountain bikes fo...

A: Using FIFO method, older units are sold first and using LIFO method newer units are sold first. Cost...

Q: If you were interested in determining a company's ability to survive over a long period of time, you...

A: Ratio analysis is a method of computing and analyzing financial ratios to form a judgement regarding...

Q: hat the answer for 40? I had put Ending Inventory C Retained Earnings B Cost of Goods sold A Net inc...

A: Solution Concept When the ending inventory of year 1 is understated , as ending inventory is permane...

Q: On December 31, Noah Co. had 40,000 weighted average outstanding ordinary shares. During the year, N...

A: calculation of basic learning for share is done then consideration of only ordinary shares in taken ...

Q: Which of the following does not directly or indirectly affect the owner's Capital ac Paying an accou...

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

Q: 1. The prime cost incurred was? 2. The conversion incurred was? 3. The cost of goods sold was?

A: Prime costs is the basic costs incurred to manufacture the product. Prime costs would therefore incl...

Q: What is the amount of the “Investment in F” account on S’s financial records at the acquisition date...

A: S has acquired 100 percent of F which means F is subsidiary and S is parent company. The investment ...

Q: year, the following events occurred: Summer Company is a wholesaler of car seatcovers. At the heginn...

A: Inventory is the raw materials used in production as well as the goods that are available for sale. ...

Q: Bergen Hospital is contemplating an investment in an automated surgical system. Its current process ...

A: Formula: Degree of Operating Leverage = Contribution margin/ Net Income

Q: 4. Currently, the three types of fabrics are produced simultaneously in different locations of the f...

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: what is the total amount of the loan?

A: The total amount of loan can be calculated using the present value formula. The present value of loa...

Q: Which of the following accounts would normally be found on the credit side of the adjusted trial bal...

A: Trial Balance: Trial balance is a statement in which the closing balance of all ledger accounts are ...

Q: Compute the balance of Buildings and Equipment, net to be reported in the consolidated balance sheet...

A: While preparing consolidated balance sheet, all the assets and liabilities of both companies would b...

Q: Use the following to answer questions 22 – 29 GHT Corporation reports the following amounts in its D...

A:

Q: Everlast Manufacturing Company uses a predetermined manufacturing overhead rate based on a  percenta...

A: To arrive at a set overhead rate, the manufacturing overhead cost is divided by the activity driver....

Q: For each of the following (1) identify the type of account as an asset, liability, equity, revenue, ...

A: Introduction: Balance sheet: All Assets and liabilities are shown in balance sheet. It tells the net...

Q: Sales $76,500 Direct materials used 7,300 Depreciation on factory equipment 4,700 Indirect labor 5,9...

A: Introduction: Product Costs: Costs involved for manufacturing the product which are available for sa...

Q: RR Corporation acquired 80 percent of the stock of GG Company by issuing shares of its common stock ...

A: Investment in a company means to buy the shareholding of the company. It is done in order to earn a ...

Q: Yara manufactures state-of-the-art chairs. Manufacturing costs are expected to be £120 per chair, co...

A: Special order is one time order which a company received. The decision regarding whether to accept i...

Q: B. Upon expiration of the pioneer status, Brownish Bhd is planning to apply for reinvestment allowan...

A: Taxable income Adjusted income  10200000 Interest income  185000 Other income  30000 Less: ...

Q: A certain company has an annual fixed cost of $20 and the variable

A:                           In Marginal Costing we stress on contribution margin which we get by deduc...

Q: You are the sales manager at Bright Lights (Pty) Ltd, a hardware store. A promotion and awareness ca...

A: Tent pump 300 30% mark up on cost 390 Pond  pump 900 25% margin on selling price 1200 Garden ...

Q: 1. What is the distinction between product costs and period costs? 2. Why is it important to sort co...

A: Here is the answer for your first question: 1. Distinction between product costs and period cost: ...

Q: Givoly Inc. uses a periodic inventory system. At the end o the accounting records provided the follo...

A:

Q: 4. Sean Browne owns and manages a computer repair service, which had the following trial balance on ...

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: RR Records Inc. acquired all of DD Studios’ voting shares on January 1, 20x1, for P280,000. RR’s bal...

A: Note: Since you have asked multiple questions, we will solve the first question (Q.9) for you. If yo...

Q: partners with the following P/L ratio and capital balances: A (60%) P100,000; B(30%) P60,000; and C ...

A: Journal entries refers to the process of collecting and documenting all the transactions of a compan...

Q: Show the complete solution. IBM is engaged in selling motorcycle spare parts and components is encou...

A: Operating cycle :  = Average time to sell the goods + Average time to receive cash from customers

Q: PART III - Essay problems 2. Explain why companies must follow accounting standards in presenting fi...

A: the set of practices and policy which said the definition of financial accounting and policy is the ...

Q: orm the Journal entry of the given transaction:   date/s transaction debit credit Sep-02 Garcia in...

A: >Accounting cycle is the flow or steps carried out to complete the accounting process. These are ...