575 Answered Questions for the topic accounting

12/25/14

Managerial Accounting Target Profit Question
Santa Fe Electronics sells televisions. The average selling price of a TV is $970. The TV's are purchased from manufacturers at an average cost of $680 per unit, which includes shipping. Since... more
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12/16/14

Prepare all journal entries needed on 9/30/2014 to record the disposal; Show your computations
Parker Industries has a fiscal year end of 12/31 and uses the straight-line method of depreciation. On Sept 30, 2014, the company sold old delivery equipment for $17,000. The delivery equipment was... more
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Accounting

12/09/14

LIFO question, explain the solution, urgent,,,thanks
A record of transactions for the month of May was as follows: Purchases may1,(balance) [email protected] may4,[email protected] may8,[email protected] may 14, [email protected],may22, [email protected] may 29, [email protected]   sale may3... more
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Accounting

11/30/14

Accounting help please ?
calculate quick ratio and current ratio? following are accounts: cash and cash equivalent - 350 trade recivables - 20 inventories - 20 prepaid expenses and other - 10 income tax recivable -... more
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Accounting

11/28/14

PPE & Depreciation question
Parker Industries purchased a new super-computer on Jan 1, 2012 for $400,000. The company estimated that the machine will have a $50,000 salvage value at the end of its 10-year useful service life.... more
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Accounting

11/13/14

accounting questions,,thanks
Bell Company constructs office buildings. Because they can reasonably estimate the costs to completion, they use the percentage of completion method to record revenue. At the beginning of 2010,... more
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Accounting

10/24/14

accounting problem:
accounting problems: 1. On Jan. 1, 2014, HBC signed an agreement to operate as a franchise of ABS Co. for an initial franchise fee of 12,000,000. The same date HBS paid 4,000,000 and agreed to pay... more
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Accounting

10/13/14

Cost Accounting Difficult Question
Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations:a. The budgeted selling price per unit is... more
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Accounting Finance Ebitda

10/09/14

Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other Expenses were $400. What was EBITD
 Revenue of $1000, Depreciation and Amortization Expense of $100, Interest Expense of $100, and Tax Expense of $50. All other Expenses were $400. What was EBITDA?
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Accounting

09/27/14

WILLIAMS COMPANY Departmental Income Statements For Year Ended December 31, 2013
Williams Company began operations in January 2013 with two operating (selling) departments and one service (office) department. Its departmental income statements follow. WILLIAMS COMPANY... more
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Accounting

08/16/14

Explain the difference between Charity Care and Bad Debt in a healthcare environment.
What are the financial implications of gross uncollectibles on the bottom line of the healthcare institution, and explain how these are recorded on the financial statements.
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Accounting

05/20/14

accounting question
Prepare the stockholders' equity section of the balance sheet at December 31. Assume the balance in retained earnings is unchanged from November 30.                                              ... more
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05/15/14

Diagnosing Profitability: What is the debt to equity ratio?
If a firm has an ROE of 15%, a financial cost effect of 0.9, and an pre-tax ROIC of 10 percent, what is the debt-to-equity ratio (total deb divided by owners' equity)? Assume that the firm does not... more
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03/25/14

Managerial Accounting Homework
Liz Marett is the chief financial officer for Fulton Restaurants.  She delivered the following comments in a recent conference call with analysts that follow the company:                          ... more
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Accounting Math

02/03/14

i need help with prealgebra fourth edition
(-5)-24÷(-3)  
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Accounting

11/23/13

What factors affect our choice of method to treat overallocated or underallocated manufacturing overhead?
What factors affect our choice of method to treat overallocated or underallocated manufacturing overhead? Thanks in advance.
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Accounting

11/23/13

Accounting Question?
Hi,I am working on some homework and I am having trouble figuring out how to log the journal entries for this problem. Please Help?January 8th, Bob purchases $5,000,000 of specialty T-Shirts from... more
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Accounting

11/05/13

Managerial Accounting. Relevant CostRick Nicotera sells special terra-cotta trays that are perfect for planting in dry climates. The trays have per-unit variabl
Rick Nicotera sells special terra-cotta trays that are perfect for planting in dry climates. The trays have per-unit variable production costs of $15 and fixed costs of $4 (based on 8,000 units).... more
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10/12/13

Solve. Please
In 2006, the median of an existing home in some country was approximately $224,000. In 2001 the median of an existing home was $151,400. Let y be the median price of any existing home in year x.... more
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10/11/13

Accounting Problem
A principal of $6500 is invested in an account paying an annual rate of 7%.Find the amount in the account after 5 years if the account is compounded semiannuallly, quarterly and monthly. (show all... more
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10/11/13

Math Word Problem Average
The average annual number of cigarettes smoked by an adult in some country continues to decline. For the years 1997-2006, the equation y=-49.2x+1756.7 approximates this data. Here x is the number... more
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Accounting

09/15/13

ACCOUNTING DEPRECIATION QUESTION, URGENT HELP NEEDED!
Calculating Depreciation      **ABOUT FIXED ASSET** COST:150,000 SALVAGE VALUE: 12,000 LIFE: 5 YEARS UNITS OF OUTPUT: 138,000   UNITS OF OUTPUT IN YEARS 1-5 YEAR 1: 60,000 YEAR 2:... more
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Accounting

05/19/13

how do i refund the unused portion of my account
need a refund for the unused portion of the tuoring account i prepaid
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Accounting Ratios

04/14/13

help with an accounting project..please
I am doing a project in accounting, and I have no idea how to do it. Any help is greatly appreciated. I have pasted the summary for the project below. My main question is how to conduct a ratio,... more
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Accounting

12/16/12

decrease of Accumulated depreciation subtracted to the statement of cash flows.
decrease of Accumulated depreciation subtracted from net Income under Operating Activites in statement of cash flows. which could be related to disposal of some asset with cash flow under investing... more
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