QUESTION CityBank recently held an auction to dispose of various assets it had obtained through foreclosures and other loan settlements. Representatives of Advantage Metals attended the auction to bid on an abandoned manufacturing plant that CityBank included in the sale. The auction brochure listed the manufacturing plant as including all land, buildings, and equipment. The […]
QUESTION DQ 1What potential issues could a business encounter if the marketing team has not adequately researched and constructed marketing strategies that incorporate product-marketing strategies, cash-flow and income projections? How much emphasis must be on income projections? Could these projections alter the proposed marketing strategies?DQ 2What is the purpose of a strategic marketing plan? What […]
QUESTION For multinational corporations, minimizing worldwide taxes is an important determinant of transfer price. Does this objective potentially conflict with other objectives of transfer pricing? how? ANSWER: REQUEST HELP FROM A TUTOR
QUESTION 1 Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 15%. A stock has an expected rate of return of 8%. What is its beta? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 […]
QUESTION Moreno Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $20 per year. During November 2015, Moreno sells 15,000 subscriptions beginning with the December issue. Moreno prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription […]
QUESTION Imagine you own a business and your business has three or more employees. Identify the type of company and briefly describe the nature of your business e.g. retail (selling shoes or clothes, restaurant, or making furniture).What kind of controls can you implement to protect cash? How will these controls protect your cash receipts and […]
QUESTION ACCT 505 Managerial Accounting Complete CourseWeek 1 DQ 1: Introduction and Cost Behavior â DiscussionCost Terms, Classifications, and Behavior (Graded)Welcome to our Week 1 Discussions! To get us started, let’s consider the following questions.1) Would a traditional income statement differ depending on whether the business is a service organization, merchandiser, or manufacturer?2) Could we […]
QUESTION .The WRT Corporation makes collections on sales according to the following schedule:30% in month of sale64% in month following sale6% in second month following saleThe following sales have been are expected:Expected Sales April$100,000 May$110,000 June$100,000 Budgeted cash collections in June should be budgeted to be:$100,400$100,600$106,400$100,0002.The manufacturing overhead budget at Amrein Corporation is based on […]
QUESTION Assume Nile.com began April with 14 units of inventory that cost a total of $266. During April, Nile purchased and sold goods as following: Apr. 8 purchase 42 units @ $20. Apr. 14 Sale 35 units @ $40. Apr. 22 Purchase 28 units @$22. Apr. 27 Sale 42 units @$40. Under the FIFO inventory […]
QUESTION I need help preparing a three-year horizontal analysis of the income statement and balance sheet for advanced drainage systems. I need help calculating the current ratio, quick ratio, cash to current liabilities ratio, over a two-year period. It’s due now. Please help ANSWER: REQUEST HELP FROM A TUTOR
