Questions And Answers Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 0 Ans Stanmore corporation makes a special-purpose machine, D4H, used in the textile industry. Stanmore has designed the D4H machine for 2013 to be distinct from its competitors. It has been generally regarded as a superior machine. Stanmore presents the following data for 2012 and 2013. 1.57K views 0 Votes 0 Ans Explain the concept of Future Value (FV) in your own words. Why is FV an important topic in money management? Why would you want to take $1000 today instead of waiting for a year? 474 views 0 Votes 0 Ans Which of the following phrases or terms regarding materiality is used by the Supreme Court of the United States and is not found in FASB Concepts Statement No. 2? a. “in light of surrounding circumstances” b. “significantly altered the total mix of information available” c. “amount of a misstatement or omission” d. “probable that the judgement of a reasonable person” 1.21K views 0 Votes 0 Ans 366 views 0 Votes 0 Ans Multiple choice question 1.94K views 0 Votes 0 Ans Mitts Cosmetics Co.’s stock price is $58.88 and it recently paid a $2 dividend. This dividend is expected to grow by 25% for the next 3years and then grow forever at a constant rate, g 3.53K views 0 Votes 0 Ans What is the relevant cost of the 120 kilograms of the raw material when deciding whether to proceed with the special project 827 views 0 Votes 0 Ans On April 1, 2014 a company paid the $1,650 premium on a three-year insurance policy with benefits beginning on that date. What will be the insurance expense on the annual income statement for the year ended December 31, 2014 398 views 0 Votes 0 Ans What is SEC (securities exchange commission), how are they included in accounting? What are Subsequent events, disclosure notes on significant policies provide two examples? 387 views 0 Votes 0 Ans Explain the relation between economic consequences and contracting, and between contracting and the moral hazard problem. b) A current debate in accounting practice is whether rules-based or principles-based GAAP (generally accepted accounting principles) is preferable. Which do you think is preferable from the perspective of economic consequences and efficient contracting between investors and managers? Why? 579 views 0 Votes 0 Ans Identify the ethical implications, conflicts, or dilemmas in the above described situation. (C) What might the company do to reduce the pressures on managers and decrease the ethical conflicts? (CMA adapted) 3.16K views 0 Votes 0 Ans A firm has two departments (X and Y) that use a central computer network. The network is expected to incur $4,000 in fixed costs and $3 per hour in variable costs. X and Y estimated that they would use the network for 500 and 300 hours, respectively; their actual usages were 600 and 200 hours, respectively. The computer network actually cost $4,500 in fixed costs and $2.75 per hour in variable costs. 712 views 0 Votes 0 Ans A one-month bill for $100,000 is issued at a discount of $1000. What is: 460 views 0 Votes 0 Ans Use the summary data to construct a 90% confidence interval for the difference between the means. 831 views 0 Votes 0 Ans Relying on your experience or research, discuss an example of where an s&l governments or state and local governments borrowed money. What was the money spent on? Give 5 examples with a lot of details and references 371 views 0 Votes 0 Ans Which of the following schemes do these signs most likely indicate? a. Concealed check scheme b. False voids scheme c. Authorized maker scheme d. Forged maker scheme 530 views 0 Votes 0 Ans Hobbit Enterprises expects credit sales of $400 million next year. If the firm can invest funds at the rate of 10% a year, what is the value of collecting accounts payable three days earlier (use a 365-day year)? 743 views 0 Votes 0 Ans Could you calculate the component cost of equity for a stock with nonconstant expected growth rate in dividends if you didn’t have the information necessary to compute the component cost using the CAPM? Why or why not? 708 views 0 Votes 0 Ans A customer pays us in advance and the unearned revenue is recorded as a liability. When can we record the revenue? 883 views 0 Votes 0 Ans Ridgecrest Electric manufactures electric motors. It competes and plans to grow by selling high-quality motors at a low price and by delivering them to customers quickly after receiving customer’s orders. There are many other manufacturers who produce similar motors. Ridgecrest believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy in 2013 1.31K views « Previous 1 2 … 63 64 65 66 67 … 128 129 Next »
