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249 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
Financial Accounting

04/06/19

What is the full disclosure principle?

Financial Accounting

04/06/19

What is a liquidity ratio?

Financial Accounting

04/04/19

What are accrued revenues and when are they recorded?

Financial Accounting

04/04/19

What is the meaning of debtor?

Financial Accounting

04/04/19

What is materiality?

Financial Accounting

04/04/19

What is the difference between net cash flow and net income?

Financial Accounting Accounting Government

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... more
Financial Accounting

04/04/19

What is a fiscal year?

Financial Accounting

04/02/19

What is interest expense?

Financial Accounting Accounting United States

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... more
Financial Accounting Accounting Taxes

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... more
Financial Accounting Accounting Terminology

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"?
Financial Accounting Accounting Finance

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... more
Financial Accounting

03/27/19

What is window dressing?

Financial Accounting

03/27/19

What is the meaning of net assets?

Financial Accounting Accounting Mortgage

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... more
Financial Accounting

03/27/19

What is a financial statement?

Financial Accounting Accounting Budget

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?
Financial Accounting

03/26/19

What are consolidated financial statements?

Financial Accounting

03/19/19

What are accounting principles?

Financial Accounting

03/19/19

What is an impairment?

Financial Accounting Accounting Stocks

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... more
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