What mechanisms operate the chain of building relationship equity?

Q: On January 5, 2021 Mr. Pacifico obtained a 4-year business loan from a bank for P200,000 at 6% inter...

A: Deductible interest expense is calculated by multiplying the loan amount by interest rate for the gi...

Q: Iguana inc. manufactures bamboo picture frames that sell for 20 dollars each. each frame requires 4 ...

A: Solution 1:           Sales Budget - Iguana Inc.   Particulars April May June 2nd Quarter Total ...

Q: Harper Company began operations at the beginning of 2021. The following information pertains to this...

A: There are two types of difference which occur while calculating deferred tax asset/liability. One is...

Q: Calculate the current ratio and the quick ratio for the following partial financial statement for To...

A: Ratio analysis involves computing the ratios using the elements of financial statements in order to ...

Q: Bank of China has the following items on its balance sheet. Require reserves $150 billion Excess re...

A: In this question, we will find out the total equity (in billions of $) of the bank of China.  

Q: On January 1. 2021, PORKING acquired majority of SAPER's outstanding voting stocks. On that day, the...

A: A non-controlling interest refers to the situation when the shareholder of a company owns less than ...

Q: Statement 1: Profit is any amount over and above that required to maintain the capital at the beginn...

A: Profit: Amount of net income gained after deducting all dollar expenses from total revenue is referr...

Q: Cash dividends are paid based on the number of shares to. outstanding. b. issued (issued). C. author...

A: Dividends is paid to the share holders for the money which is being invested in the company as share...

Q: Keynes believed that business leaders behaved rather like sheep when they made their business invest...

A: Making an investment choice It refers to how a business's finances will need to be invested in vario...

Q: The maternity benefit of the female employee under RA 11210, otherwise known as the 105-day Expanded...

A: Under the Expanded Maternity Leave Law RA 11210, the SSS pays to the qualified SSS members : cash be...

Q: A private employee had the following remuneration in 2019: Gross salaries, net of P11,000 mandatory ...

A: Payroll- Payroll is the procedure for paying a company's employees. This procedure entails calculati...

Q: Which of the

A: This is a multiple-choice question in which we have to select the correct option. 

Q: The number of days from 14 March, 2023 to 17 August, 2023 using 30/360 is: O A 153 O B. 156 O. 155 O...

A: The question pertains to counting the number of days on the basis of 30/360 between two specific dat...

Q: Lupe made a down payment che purchase price, she has monthly. Under the terms of

A: All sorts of future cash flows in respect of adding interest on present value are known as future va...

Q: Adjusting Entries for Prepaid and Accrued Taxes A-Z Construction Company was organized on May 1 of t...

A: Adjusting entries are prepared after preparation of adjusted trail balance. 

Q: a. 12.36% ON thIs planned investment is most nearty b.i 10.36% c 10% d. 9.36%

A: The Return on Investment is calculated with the help of following formula  Return on Investment = An...

Q: LGM will purchase all of the net assets of DMF by transferring its shares in YYZ. Because of the con...

A: Accounting's idea of retained earnings is crucial.  The word refers to a company's previous earnings...

Q: On January 1, 2021, PORKING acquired majority of SAPER’s outstanding voting stocks. On that day, the...

A: Consolidation In the Consolidation procedures parent company acquired more than 50% shares of the su...

Q: uyer. follows: Selling price P800,000 Cost 300,000 Expenses on sale 50,000 Compute the capital gains...

A: Capital gain means increase in value of capital assets and realized when the assets sold. Capital ga...

Q: Penny had income in the first three years of operations as follows: 2010: 400,000 in income, 25% ena...

A: Lets understand the basics. When person opts to carry back loss then it means that, whatever the los...

Q: The accrued interest of 8% p.a coupon Rp1 billion bond paid semi-annually (on Feb and August 1) on t...

A: Accrued Interest = Periodic Coupon Payment x No. of Days since last Coupon Payment / No. of Days in ...

Q: aterials Variable labour Production overheads Variable Fixed Selling and distribution overheads Vari...

A: Under marginal costing system the value of finished goods and work in progress is also comprised onl...

Q: Ridley Corporation is a manufacturing company in the Caribbean. The company sponsors a defined benef...

A: Pension expense is the cost to employer to maintain the employee's pension plan. The employee's pens...

Q: On 30 June 2019, TIIE Ltd acquired a machine for $180 000 cash, with an expected useful life of 9 ye...

A: The revaluation of assets and liabilities leads to the creation of revaluation reserve by the amount...

Q: Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Inco...

A: A common size income statement is an income statement in which each line item is expressed as a perc...

Q: As part of its employee benefits plan, Omega Corporation acquired apiece of residential lot worth P2...

A: The additional benefits which the employers offer for the performance of special tasks to their empl...

Q: The Following fringe benefits shall not be subject to basic tax or fringe benefit, except:  a) Fring...

A: Fringe Benefit Tax Fringe Benefit Taxes which are taken from the employee of the business entity to ...

Q: Mayumi, a rank and file, reports the following for the year 2021: Compensation, net of P77,000 manda...

A: Taxable compensation income  Any individuals personal or company' compensation that is used to dete...

Q: ophia derived a total compensation of P350,000. She also derived income from the sale of her persona...

A: This is a multiple-choice question in which we have to select the correct option

Q: Baird, Inc. sells fireworks. The company's marketing director developed the following cost of goods ...

A:  Inventory purchase budget means = Cost of goods sold + Ending Inventory - Beginning Inventory   ...

Q: Blossom Corp.’s sales slumped badly in 2020. For the first time in its history, it operated at a los...

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

Q: Considering the information shown on the financial statements,revenue could be calculated as: A.Cas...

A: Introduction:- The following financial statements used as follows under:- Balance sheet. Income sta...

Q: Greek Manufacturing Company produces and sells a line of product that are sold usually all year roun...

A: Calculation of all necessary requirement are as follows.

Q: (a) Calculate and determine the break-even points (in sales dollars and units) for each product type...

A:                                     In Marginal Costing we calculate contributionmargin by deducting...

Q: Exercise 9-14 (Algo) Conventional retail method (LO9-3) Campbell Corporation uses the retail method ...

A: Solution Inventory is a item or good which is held by a business for sale to earn a profit.

Q: Garcia disposed of his principal residence for P2,000,000 and immediately acquired a new one for P1,...

A:                             In Phillipines capital gain tax is charged at 6% on the sale value or fa...

Q: ABC Company has 560,000 shares of common stock outstanding with a par value of $10. During the year,...

A: A stock dividend seems to be a bonus share payment made to shareholders rather than cash. When a com...

Q: As of December 31, 2015, the books of Ton Partnership showed capital balances of: TP40,000; O, P25,0...

A: Solution Partnership is an agreement between two or more peoples who agree to share business profit ...

Q: An investment promises to pay $7,000 at the end of each year for the next six years and $3,000 at th...

A: In the given case, an investment will pay $7,000 at the end of each year for the next six years and ...

Q: Company išsued 10,000U shares of alue of $5 and a fair value of $25 per share of preferred stock wit...

A: Stockholders are the Persons of entities whom the company issues its ownership rights in the form of...

Q: The fixed costs incurred by a automotive shop are $200,000 per year. Variable costs are 60% of the a...

A: Formula: Annual profit = Total Revenues - Total expenses

Q: What is the first step in preparing a master budget ?

A: The master budget seems to be the budget that combines all of the other budgets into a single budget...

Q: Questions 6-9 refer to the following information: Break-a-Few Co. makes drinking glasses using FIFO ...

A:

Q: 2. Prepare the Payroll sheet and (Monthly) Remittance Form for Morning Group Ltd for the month of De...

A: Payroll Process It is important for the business entity to maintain the payroll process of the emplo...

Q: Calculate / Discuss the tax implications of the above for both Tami and Tom.

A: Tax implications is the implications which arises due to the fact of having the taxable income trans...

Q: The declaration and issuance of a dividend in shares (stock dividend) greater than 25% of the shares...

A: In place of cash payments, a stock dividend seems to be a distribution of corporation shares to stoc...

Q: March Transactions: Mar. 1 Established a petty cash fund of $856.   31 The amount of cash in the pet...

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc. ...

Q: On January 1, 2022, Bumili Co, purchased 10,000 shares of Nabill, Inc. for P1,000,000 Commission and...

A: On January 1, 2022, Bumili Co, purchased 10,000 shares of Nabill, Inc. for P1,000,000 Commission and...

Q: Account Amount Lacson invested P100,000 cash in the a. Account debited Cash 100,000 business b. Acco...

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in...

Q: 1. Which of the following statements is true? O a Qualitative rescatch methods may enable marketers ...

A: A product-orientated approach means the business develops products based on what it is good at makin...