a tabular analysis of the transactions made during august 2010 by witten company dur 1040258

A tabular analysis of the transactions made during August 2010 by Witten Company during its first month of operations is shown below. Each increase and decrease in stockholders’ equity is explained. Assets = Liabilities + Stockholders’ Equity Cash + Accounts Receivable + Supplies + Office Equipment = Accounts Payable + Common Stock + Retained Earnings Rev. – Exp. – Div. 1. $20,000 $20,000 Com. Stock 2. -1,000 $5,000 $4,000 3. -750 $750 4. 4,400 $5,400 $9,800 Serv. Rev 5. -1,500 -1,500 6. -2,000 -2,000 Div. 7. -800 -800 Rent Exp. 8. 450 -450 9. -3,000 -3,000 Sal. Exp. 10. 500 -500 Util. Exp. Determine how much stockholders’ equity increased for the month.

beetie is a construction company that prepares its financial statements to 31 march 740488

Beetie

Beetie is a construction company that prepares its financial statements to 31 March each year. During the year ended 31 March 20X6 the company commenced two construction contracts that are expected to take more than one year to complete.

 

The position of each contract at 31 March 20X6 is:

 

The agreed value of the work completed at 31 March 20X6 is considered to be equal to the revenue earned in the year ended 31 March 20X6. The percentage of completion is calculated as the agreed value of work completed to the agreed contract price.

 

Required

Calculate the amounts which should appear in the statement of profit or loss and statement of financial position of Beetie at 31 March 20X6 in respect of the above contracts.

 

several years ago abc bought def company def was a supplier of merchandise for abc a 759866

Several years ago, ABC bought DEF Company. DEF was a supplier of merchandise for ABC and one of the primary reasons for this acquisition was so that ABC could save money on these purchases. In the current year, ABC reports cost of goods sold of $1,000,000 while DEF reports $500,000. Half of DEF’s sales were made to ABC for $300,000. As of the last day of the year, ABC still held 10 percent of these goods and planned to sell them early in the following year. What amount should ABC report as consolidated cost of goods sold?

A $1,015,000

B $1,205,000

C $1,165,000

D $1,190,000

4 wacc and taxes why do we use an aftertax figure for cost of debt but not for cost 1309595

4.        WACC and Taxes   Why do we use an aftertax figure for cost of debt but not for cost of equity?

5.        DCF Cost of Equity Estimation    What are the advantages of using the DCF model for determining the cost of equity capital? What are the disadvantages? What specific piece of information do you need to find the cost of equity using this model? What are some of the ways in which you could get this estimate?

 

 

on may 31 bentley corporation borrows 20 000 from the bank by signing a 2 month 5 5 1090778

On May 31, Bentley Corporation borrows $20,000 from the bank by signing a 2-month, 5.5%, interest-bearing note. Interest is due at maturity. Prepare the necessary entries below associated with the note payable on the books of Bentley Corporation. a) Prepare the entry on June 1 when the note was issued. b) Prepare any adjusting entries necessary on June 30 in order to prepare the monthly financial statements. Assume no other interest accrual entries have been made. c) Prepare the entry to record payment of the note at maturity.

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On May 31, Bentley Corporation borrows $20,000 from the bank by signing a 2-month, 5.5%, interest-bearing note. Interest is due at maturity. Prepare the necessary entries below associated with the note payable on the books of Bentley Corporation. Prepare the entry on June 1 when the note was issued. Prepare any adjusting entries necessary on June 30 in order to prepare the monthly financial statements. Assume no other interest accrual entries have been made. Prepare the entry to record payment of the note at maturity.

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how does that concept relate to the subject of managerial accounting 1305888

How does that concept relate to the subject of managerial accounting? How has that concept affected managerial accounting in the past? How will the concept affect managerial accounting in the future? Will this concept affect you in your career? Why, or why not?

The purpose of this assignment is to provide you with an opportunity to reflect on the material that you have read and to expand on your reading.

The writing that you submit must meet the following requirements:

? Be at least one page in length;

? Include your thoughts about the major concept that you select;

? Explain how the concepts impact managerial accounting; and

? Explain how the concept applies to your career.

Format your Reflection Paper using APA style. Use your own words, and include proper citations and references as needed.

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Reflection Paper. (Activity-Based Costing: A Tool to Aid Decision Making) How does that concept relate to the subject of managerial accounting? How has that concept affected managerial accounting in the past? How will the concept affect managerial accounting in the future? Will this concept affect you in your career? Why, or why not? The purpose of this assignment is to provide you with an opportunity to reflect on the material that you have read and to expand on your reading. The writing that you submit must meet the following requirements: ? Be at least one page in length; ? Include your thoughts about the major concept that you select; ? Explain how the concepts impact managerial accounting; and ? Explain how the concept applies to your career. Format your Reflection Paper using APA style. Use your own words, and include proper citations and references as needed.

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can anyone help me with this please describe how you might conduct a stakeholder imp 1039423

Can anyone help me with this please? Describe how you might conduct a stakeholder impact analysis of Scenario 1 of Appendix B using each of the stakeholder impact analysis approaches: moral standards, 5-question, and Pastin’s approach. This is the scenario. The mayor of a small seaside town faces a tough decision. A prominent developer has submitted a proposal to build a large mall and resort in the town. This development is estimated to bring $150 million in tourism each year and several hundred new jobs to the community, which badly needs the economic boost. The proposed location of the new development, however, is a site that now houses the only nursing home and senior citizens’ recreation center in the area. Both the nursing home and recreation center would have to be demolished, affecting 100 seniors and 30 employees. There is no other location in town where the new development can be built. How should the mayor decide: in favor of economic prosperity or in defense of his elderly citizens?

a merchandiserac cs greatest expense is cost of goods sold cost of goods sold is cal 762416

A MerchandiserAc€?cs greatest expense is cost of goods sold. Cost of goods sold is calculated based on the different inventory costing method that is used by the company: FIFO, LIFO, Specific identification method, or weighted average cost method.

During the last month of the fiscal year, a company experienced extraordinarily good sales, and severely depleted its base stock of merchandise. Since the company accounts for inventory using LIFO, the controller realized that cost of goods sold will be reduced by an extraordinary amount, inflating net income. This effect will be increased by the fact that the purchasing department negotiated some very good prices on merchandise during the year. The controller decided that a last-minute inventory purchase, at current higher prices, was the answer to the problem, and asked the purchasing department to check the inventory files and stock up on as many items as possible to be sure that the company did not have to Ac€A?liquidate the LIFO layers.Ac€??

Is this ethical? Explain your answer.

in some instances accounting principles require a departure from valuing inventories 739089

In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases.

Cases

1

2

3

4

5

Cost

$15.90

$16.10

$15.90

$15.90

$15.90

Sales price

Estimated cost to complete

14.80

1.50

19.20

1.90

15.20

1.65

10.40

.80

17.80

1.00

Estimated cost

.50

.70

.55

.40

.60

to sell

alpha received a statement of account from a supplier beta showing a balance to be p 800225

Alpha received a statement of account from a supplier Beta, showing a balance to be paid of $8,950. Alpha’spurchase ledger account for Beta shows a balance due to Beta of $4,140.Investigation reveals the following:(1) cash paid to Beta of $4,080 has not been accounted for by Beta(2) Alpha’s ledger account has not been adjusted for $40 of cash discount disallowed by BetaWhat discrepancy remains between Alpha’s and Beta’s records after allowing for these items?A nilB $690C $770D $7301448 The inventory value for the financial statements of Q for the year ended 31 May 20X6 was based on an inventorycount on 4 June 20X6, which gave a total inventory value of $836,200.Between 31 May and 4 June 20X6, the following transactions took place:$Purchase of goods 8,600Sales of goods (profit margin 30% on sales) 14,000Goods returned by Q to supplier 700What adjusted figure should be included in the financial statements for inventories at 31 May 20X6?A $838,100B $853,900C $818,500D $834,300