383 Answered Questions for the topic Financial Accounting
Financial Accounting
11d
Financial Algebra 11-4a MindTap
Use the table below for Exercises 1 and 2.
July
Aug
Sept
Oct
Nov
Dec
Average
Groceries
740
800
650
820
820
880
a.
Dining Out
120
150
300
80
100
150
b.
Fuel...
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Financial Accounting
17d
Calculating income, etc., under fair value method vs equity method
On January 1, Barnyard Corporation acquired common stock of Fresh Hay Corporation. At the time of acquisition, the book value and the fair value of Fresh Hay Corporation’s net assets were $1...
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Financial Accounting
17d
Equity investments and fair market value
a) Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, 2017 for $100,000. Lee’s investment in Polk gives Lee the ability to exercise significant influence over Polk’s operating and...
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Financial Accounting Finance
17d
Need assistance in finance
20d
Engr. Reyes invested an equal amount to two different investments today.
Engr. Reyes invested an equal amount to two different investments today. At the end of 8 years, he will receive an amount in his first investment twice than the second. If the first investment...
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04/26/23
A man borrowed an amount of P150,600 to bank that offers an interest rate of 5.36% compounded continuously and has a maturity date of 6 years.
A man borrowed an amount of P150,600 to bank that offers an interest rate of 5.36% compounded continuously and has a maturity date of 6 years. He plans to pay the loan at an amount of P15,800 at...
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Financial Accounting
04/17/23
Discuss whether the doubtful debt allowance in the books of Lux Ltd, relating to Silver Ltd, is appropriate at 31 December 2017. Ignore deferred tax.
At 31 December 2017 a debtor, Silver Ltd, owing R1 000 000 at that date, indicated that it would not be able to meet its full obligation, and a s a result, Lux Ltd recognised a doubtful debt...
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04/16/23
Your company, RIW Inc, is considering a new project whose data are shown below. What is the project’s year 1 cash flow?
Under the new tax law, the equipment used in the project is eligible for 100% bonus depreciation, so it’ll be fully depreciated at t=0. What is the project’s year 1 cash flow?Sales Revenues -...
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03/21/23
INTEREST RATE TREES FOR CALLABLE BONDS
The following yield curve is given in annual effective yields.maturity => zero coupon spot rate1year => 3%2years => 3.5%3years => 3.75%4 years => 3.95%a) 1 year from now you plan to...
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Financial Accounting
03/19/23
Find the savings plan balance after 6 months with an APR of 3% and monthly payments of $100
Financial Accounting Managerial Accounting
03/18/23
Accounting help?
You are the assistant controller for a public company. Wall Street stock analysts are projecting an earnings per share figure of $0.25 for your company. On December 29, a large customer returns a...
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Financial Accounting Managerial Accounting
03/18/23
Accounting help?
You are the assistant controller for a public company. Wall Street stock analysts are projecting an earnings per share figure of $0.25 for your company. On December 29, a large customer returns a...
more
Financial Accounting
03/08/23
accounting question
If the managers of Work From Home Supplies were evaluating whether to keep or drop each of its segments (catalog, store, and website), which totals would be most relevant to the decision-making...
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Financial Accounting
03/07/23
2. What will $110,000 grow to be in 9 years if it is invested today at 11%?
Financial Accounting
02/18/23
What are adjusting entries and why are they needed?
Financial Accounting
01/26/23
A recipe calls for 2 1/3 cups of flour. How many cups will you need if you are preparing 3 batches of the recipe?
Financial Accounting
01/25/23
Moduel 3: SAM project 1a
In cell B13, create a formula without a function using absolute references that subtracts the values of cells B5 and B7 from cell B6 and the multiplies the results by cell B8.
Financial Accounting
01/23/23
The property is worth 500,000. Ali is 50 % owner of the property. How much is the value of the asset for the owner
Financial Accounting
01/10/23
Financial Accounting (Shareholders equity)
In 2020, Finishing touches Ltd had net income of $9,000,000. On 1st January 2020, there were 3,000,000 shares outstanding. On 1st July 2021, the company issued $600,000 new shares for $17 per...
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Financial Accounting Managerial Accounting
12/17/22
Account for receivables
The December 21, 2021, ledger of accounts receivable has a balance of 24,000,000. On this date, the company estimates 1,200,000 to be uncollectible , whereas 2,000,000 have to be written off....
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Financial Accounting
12/10/22
A bakery produces regular bread and muffin. Last month, it sold 1200 bread and 600 muffins and intends to keep the sales mix that way. Its monthly fixed costs include br. 1200 for rent, br. 300 for
A bakery produces regular bread and muffin. Last month, it sold 1200 bread and 600 muffins and intends to keep the sales mix that way. Its monthly fixed costs include br. 1200 for rent, br. 300 for...
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Financial Accounting
12/08/22
1. Calculate the net present value (NPV) of the following cash flow stream if the required rate is 12%:
1. Calculate the net present value (NPV) of the following cash flow stream if the required rate is 12%:
Financial Accounting
12/01/22
Accounting bank reconcilliation
Financial Accounting
11/26/22
Calculating net profit
Your company has the following information:
This year's Total revenues $12350
This year's Total fixed expenses $500
This year's Total variable expenses $9050
This year's Net profit (before tax)...
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