QUESTION The accounting profession has been impacted by several corporate scandals in recent years. Discuss the importance of the role of Ethics in accounting by examining firms such as Enron®, World Com® and JP Morgan®. 100 or more words ANSWER: REQUEST HELP FROM A TUTOR
Date: September 2nd, 2020
QUESTION Question 1.1.Artistic Metals sold some yard art for $50.00 and collected 6% sales tax. Which journal entry reflects this sale? Ignore inventory and cost of goods sold for this question. (Points : 20) Cash53.00 Sales Revenue53.00 Cash53.00 Sales Revenue50.00 Sales Tax Payable3.00 Cash53.00 Sales Revenue50.00 Sales Tax Expense3.00 Cash50.00 Sales Tax Expense3.00 Sales Revenue53.00Question […]
Date: September 2nd, 2020
QUESTION CBO-iShares 1-5 year Laddered Corporate Bond Index ETF- and XIU-iShares S&P/TSX 60 Index ETF- are two iShares ETFs tracking and Canadian bond market and Canadian equity market, respectively. Thus, they are popularly used by Canadian investors as proxies for Canadian bond and equity markets. You can find out the historical closing prices of CBO […]
Date: September 2nd, 2020
QUESTION 1. Cash Budget Aragon and Associates has found from past experience that 25% of its services are for cash. The remaining 75% are on credit. An aging schedule for accounts receivable reveals the following pattern: a. Ten percent of fees on credit are paid in the month that service is rendered. b. Sixty percent […]
Date: September 2nd, 2020
QUESTION 1) To protect against lawsuits brought by anyone injured by your product, you will need to buy ________. A) casualty insurance B) business insurance C) liability insurance 2) Which is not a potential penalty for breaking a contract? A) A court may order you to pay damages to the other party who signed the […]
Date: September 2nd, 2020
QUESTION IMC has a normal plant capacity of 37,500 parts per month. Because of an extra large quantity of inventory on hand, it expects to produce only 30,000 parts in May. Monthly fixed costs and expenses are $112,500 ($3 per unit at normal plant capacity) and variable costs and expenses are $8.25 per part. The […]
Date: September 2nd, 2020
QUESTION 1. Organisms that feed only on plants are called Detritivores Omnivores Carnivores Herbivores Decomposers 2. Which of the following is NOT an example of an indicator species? trout in water with a specifric temperature requirement birds that need a large forested area butterflies that use a specific plant as food frogs that take in […]
Date: September 2nd, 2020
QUESTION Can anyone tell me how working capital is calculated? What is a working capital ratio and what does it tell ANSWER: REQUEST HELP FROM A TUTOR
Date: September 2nd, 2020
QUESTION Use the following data to answer questions 6-10:We take another look at health based on the practice question on Page 408, this time examining the relationship between educational attainment and perceived quality of health care. Data for three groups are presented based on the HINTS2012 data set. Present the five-step model for these data, […]
Date: September 2nd, 2020
QUESTION Fixed Asset Transactions and ReportingA partial portion of the balance sheet atDecember 31, 2012, for the Gusto Corporation is presented below:Land$500,000Buildings$630,000Less: Accumulated depreciation250,000380,000Equipment$ 65,000Less: Accumulated depreciation22,00043,000Total property, plant, and equipment$923,000The following transactions occurred during 2013:⢠On January 1, retired equipment with a net book value of $2,000. The equipment was purchased for $8,000. No […]
Date: September 2nd, 2020
