481 Answered Questions for the topic Financial Accounting
Financial Accounting
04/07/19
During a Memorial Day Sale, you are able to purchase a DJI Phantom 3 Drone for $369.99. It usually sells for $499. What percent discount did you receive?
Please I need you to show your work so I can learn how to do this. I am in MA111. This is Financial Math. I need your help please and thank you
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Determine the maximum profit and price that would yield the maximum profit for each.
A) P=-450p2 + 13400p - 52,000B) P=-375p2 + 8,900p - 15,000C) P= -160p2 + 85,800p - 50,000
Financial Accounting
04/04/19
What are accrued revenues and when are they recorded?
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Financial Accounting
04/04/19
What is the difference between net cash flow and net income?
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04/04/19
Does total US public debt include state debt?
When I see total US public debt, I wonder whether state debt is included. If "total US public debt" used differently for different cases, I will restrict my case to the usage in national...
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04/02/19
Consider Paypal fees in accounting?
I'm a freelancer. I sent an invoice to my client (using InvoiceBubble.com), which he decided to pay via Paypal. Paypal took a fee.
How do I take this fee in consideration for my accounting? I...
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03/31/19
Can I invest C-corp or S-corp profits by purchasing stock, bonds or property to reduce tax liability?
If I own a C-corp or an S-corp in the US ( say for example Delaware ), and I take profits from revenue after expenses for the corporation and purchase stock in the US stock markets, bonds or other...
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03/31/19
What does it mean when a business reports its costs on a "fully loaded basis"?
What does it mean to ask a private business to report their costs "on a fully loaded basis"?
And then to ask them to "please indicate the fully loaded basis for which the costs are reported"?
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03/28/19
Average pricing implementation in a POS application?
I am developing a POS (Point of Sale) application which should be able to calculate average price. Here is the deal, i don't know what it is and how it is calculated for consumer products. I just...
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03/27/19
Basic bookkeeping account entries for a house purchase and mortgage?
I borrow 200,000 to purchase a house worth 250,000, putting down 50,000 of my own.
The borrowing is at 5% over 30 years.
What are the basic double-entry bookkeeping entries I must make to record...
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Financial Accounting
03/27/19
What is the difference between a balance sheet of a nonprofit organization and a for-profit business?
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03/26/19
What are the advantages of doing accounting on your personal finances?
What are the advantages of keeping track of your personal finances? Is it only worthwhile if I earn "enough"? Why should I bother?
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Financial Accounting
03/26/19
What are consolidated financial statements?
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03/19/19
Why doesn't change in accounts receivable on balance sheet match cash flow statement?
If we take a look at the [balance sheet] for Microsoft, I see `Net Receivables` as `21,485,000 [2014]` and `19,118,000 [2013]`
On the [cash flow statement], I see `Changes In Accounts...
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