475 Answered Questions for the topic Financial Accounting

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)... more
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Financial Accounting

11/21/22

Financial Accounting- Classical Aggregate Supply
According to Classical Aggregate supply.... Government wants to increase aggregate demand to reduce unemploymentwhat happens to output?what happens to unemployment?what happens to price level?I... more
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Financial Accounting

11/17/22

Accounting question
IGNORE VAT. ROUND OFF TO THE NEAREST RAND.FlyHigh is a South African airline and has a loyalty program that rewards its customers with two loyalty points for every R125 spent on flights. Each point... more
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Financial Accounting Math Business

11/17/22

Finance Introduction Valuation for Securities, Capital structures
a) Janet is considering investing in a corporate bond with possible one-year returns distributed as follows:Returns      6%   9%  11% 13% 16%Probability 0.15 0.20 0.30 0.20 0.15 Required:Determine... more
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Financial Accounting Math Managerial Accounting

11/16/22

Workings must be shown
John Hopkin’s portfolio had the returns on shown below during the past several years.  Year Return 2018 12.6% 2019 16.9% 2020 4.4% 2021  -5.8% 2022   7.2% Using the information... more
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Financial Accounting Math Mathematica Managerial Accounting

11/16/22

Working must be shown
Suzette and Bridgett are sisters. Suzette deposits $30,000 at the start of each year for 15 years into an account that earns 8.5% compounded annually. Bridgett also makes annual deposits of $30,000... more
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Financial Accounting

11/13/22

compute net income
stockholder's equity - Jan 1, 2014 - $109,200stockholder's equity - Dec 31, 2014 - $113,100stockholder's investments during 2014 - $15,600dividents paid during 2014 - $46,800revenues during 2014 -... more
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Financial Accounting Business Finance

11/03/22

Income Statement for the first three months (revenues minus costs)
Below is the cost price for our stall products: Coffee Smoothie Choc Lava: RM7.90Dalgona Coffee Boba Milk: RM8.50Matcha Latte: RM5.90White Coffee: RM6.90Cappuccino: RM5.90Below is the selling price... more
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Financial Accounting

10/29/22

Post the correct journal entries for the bank reconciliation below based on the scenario provided. Scenario:
The August 2016 bank statement for Lane Enterprises shows an ending balance of $5,250. Before Lane Enterprises received the bank statement, the bank called to inform the company the ending balance... more
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Financial Accounting

10/29/22

Bank Reconciliation Help
Could anyone explain this problem? 1.                Accrued interest earned but not yet collected on the investments account (account #150) balance has been calculated to be... more
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Financial Accounting Math Business Finance

10/29/22

You're a business owner that takes out a home equity line of credit. The debt is the owner's, not of the business. How do you account for any money drawn out of the HELOC and put into the business?
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10/29/22

Accounting Question
Journalise the following transactions, post them into ledger and balance theaccounts: 1 st April 2022 Ashok commenced business with cash Rs. 1,20,0003 rd April 2022 Purchased furniture for cash Rs.... more
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Financial Accounting Math Tax Accounting

10/27/22

If the amount is 25 and it increases by 5% per month then what will the amount be after 12 month?

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Financial Accounting Math Finance

10/24/22

Adjusted Trial Balance Journal Entries

Could anyone explain how to put these adjusted balances into a journal entry?1. Accrued interest earned but not yet collected on the investments account (account #150) balance has been calculated... more
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Financial Accounting

10/21/22

What was the dollar amount of gross profit?
Inventory at the beginning of the year cost $13,400. During the year, the company purchased (on account) inventory costing $84,000. Inventory that had cost $80,000 was sold on account for $95,000.... more
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Financial Accounting

10/21/22

It reported an increase in net sales from $5.3 B in 2017 to $5.5 B in 2018, and an increase in gross profit from $1.2 B in 2017 to $1.3 B in 2018.Calculate each year’s gross profit %
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Financial Accounting

10/21/22

reported net sales of €8.9 billion in 2018 and €9.2 billion in 2017. Gross profit decreased from €5.9 billion in 2017 to €5.7 billion in 2018.Calculate the gross profit percentage for each year
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Financial Accounting

10/21/22

If net sales are $300,000, cost of goods available for sale is $280,000, and gross profit percentage is 35%. What is the amount of ending inventory?
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Financial Accounting

10/17/22

Can a tutor charge ten dollars more than their posting says is their hourly rate?
I just tried to hire Marvette to tutor me. Her posting clearly says she her services are 33.00 an hour. However, when she contacted me, the first thing she told me was that her price was 44.00 an... more
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Financial Accounting

10/11/22

Prepare journal entries

Prepare journal entries for the following transactions that occurred during January 2020:January 3 Stan Adams opened a landscaping business by investing $60,000 cash and equipment having a $40,000... more
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Financial Accounting

10/07/22

Please help to answer the question🙏
What is the importance of understanding the preparation of the Cash flow Statement?
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Financial Accounting

09/27/22

Answer the question🙏
What is the importance of understanding the preparation of the Cash flow Statement?
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Financial Accounting

09/27/22

Answer the question🙏
Cash is the most liquid assets; explain why.
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Financial Accounting

09/20/22

Chapter 12 Discussion Activity

Are You Insured? Are you covered by life insurance? If so, how much? Given what you have read, do you feel that you ate over or under insured?   Term Versus Cash Value Insurance. Why do you think... more
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Financial Accounting Math Business Marketing

09/20/22

Marketing and Accounting been stuck on this question all day please help!
The Superior Jumpdrive Company sells jump drives for $10 each. Manufacturing cost is $2.60 per jump drive; marketing costs are $2.40 per jump drive; and royalty payments are 20% of the selling... more
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