Questions And Answers Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Gene’s printing Co. is considering buying a new scanner for $200,000. The scanner will save the company $60,000 per year in production costs for 7 years. After 7 years, the scanner will have a value of $50,000. Depreciation is calculated over 7 years using the straight line. 809 viewsDarshita asked August 5, 2017 0 Votes 1 Ans Suppose that JOHN are auditing a client, and JOHN witness behavior that he consider to be highly unethical. How does the framework for ethical behavior influence his actions and behaviors? 839 viewsDarshita asked August 5, 2017 0 Votes 1 Ans The following information applies to the questions displayed below.] Nick’s Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses The games would cost a total of $680,000, have an eight-year useful life, and have a total salvage value of $68,000. 875 viewsDarshita asked August 5, 2017 0 Votes 1 Ans Gina’s Inc.manufacturer’s 10,000 units of Part X5 each year for use on its production line. At this level of activity, the costs per unit for X5 is as follows: direct material $2.20, direct labor $1.60, variable manufacturing overhead $1.00, and fixed manufacturing overhead $4.00. An outside supplier has offered to sell 10,000 units of Part X5 to Gina’s Inc 1.02K viewsDarshita asked August 5, 2017 0 Votes 1 Ans Stinson Company has a production process that involves three processes. Units move through the processes in this order cutting, stamping, and then polishing. The company had the following transactions in November 1.24K viewsDarshita asked August 5, 2017 0 Votes 1 Ans The following comparative income statement (in thousands of dollars) for the two recent fiscal years was adapted from the annual report of Calvin Motorsports, Inc., owner and operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways. 2.55K viewsDarshita asked August 5, 2017 0 Votes 1 Ans f Quail Company invests $54,000 today, it can expect to receive $10,600 at the end of each year for the next four years, plus an extra $6,300 at the end of the fourth year. (FV of $1, PV of $1, FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values.) What is the net present value of this investment assuming a required 12% return on investments 870 viewsDarshita asked August 5, 2017 0 Votes 1 Ans The bottom-up approach to computing the operating cash flow of a project applies only when: Select one: a. both the depreciation expense and the interest expense are equal to zero. b. the project is a cost-cutting project. c. the interest expense is equal to zero. d. taxes are ignored and the interest expense is equal to zero. e. no fixed assets are required for the project. 1.01K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Cherokee Inc is a merchandiser that provided the following information 10,000 15 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases 3 S 19,000 $ 13,000 $ 10,000 $ 25,000 S 86.000 Required: 1 Prepare a traditional income statement Cherokee, Inc. Traditional Income Statement Sales Sellingand administrative expenses Net operating income 1.83K viewsDarshita asked August 4, 2017 0 Votes 1 Ans equired: 1. Complete Presidio’s cost data table. (Round your Cost per Unit answers to 2 decimal places.) 2. Calculate Presidio’s contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620. (Round your Margin Ratio percentage answers to 2 decimal places (i.e. .1234 should be entered as 12.34%.)) 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620 1.54K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows: Table A Table B Table C Sales price $ 50 $ 54 $ 68 Direct materials 10 11 12 Direct labor 2 4 8 Variable manufacturing overhead 4 4 4 Fixed manufacturing overhead 9 9 9 Required number of labor hours 0.5 0.5 1.0 Required number of machine hours 4.0 2.50 2.0 Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows: Table A 50,000 units Table B 25,000 units Table C 25,000 units Required: 1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2 If Blossom has only 60,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. 3 Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3. 2.13K viewsDarshita asked August 4, 2017 0 Votes 1 Ans If your loan APR is 7% compounded monthly, what is the effective annual interest rate that you are paying? 1.02K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Nick’s Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses The games would cost a total of $680,000, have an eight-year useful life, and have a total salvage value of $68,000. The company estimates that annual revenues and expenses associated with the games would be as follows: $250,000 Revenues Less operating expenses $60,000 1.65K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year: Cash Expenses Month May June July August Sales Purchases Paid $ 96,00064,000 19,000 121,000 140,000 134,000 95,000 119,000 77,000 24,000 32,500 32,900 1.05K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Initial Cost Annual Benefits (beginning at end of $1,000 year 1) Annual Costs (beginning at end of year |$300 1) Salvage Value Useful Life (years) $4,000 $3,000 $600 $100 $0 $500 5 10 Compute the net present worth for each alternative and choose the better alternative. MARR-6% 936 viewsDarshita asked August 4, 2017 0 Votes 1 Ans Why is the purchase journal used for journalizing the purchase of merchandise for resale on account only? Why should I put purchases for items such as paper towels and supplies on account in the general journal? 1.14K viewsDarshita asked August 4, 2017 0 Votes 1 Ans Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year 1.26K viewsDarshita asked August 4, 2017 0 Votes 1 Ans 1. Payment systems for health care are more complex than for other industries. What contributes to the complexity? How did this complexity come to be? 2. How might the new federal Patient Protection and Affordable Care Act of 2010 affect the revenue of the health care industry? Consider insurance companies, employers who provide health benefits, and other similar participants in health care. 884 viewsDarshita asked August 3, 2017 0 Votes 1 Ans What I have learned from this Intro to Accounting course? How I will apply this knowledge in real life? What I would recommend to improve the learning outcomes for this leadership course? Between 1-2 pages long. 766 viewsDarshita asked August 2, 2017 0 Votes 1 Ans a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places. 2016 ???? $ per share 2015 ???? $ per share 1.03K viewsAnonymous deleted answer July 27, 2017 « Previous 1 2 … 27 28 29 30 31 … 128 129 Next »
