Business

ACCOUNTING-) how equity transactions affect the components of stockholders’ equity

QUESTION Briefly explain (3–5 paragraphs) how equity transactions affect the components of stockholders’ equity. For instance, what impact do these transactions have on financial ratios, such as EPS (earnings per share)? “Time is money.” We have all heard this cliché at some point. Now that you have studied the time value of money concept, explain […]

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Date: September 2nd, 2020

with the major view of executive power, restricted prerogative

QUESTION Identify at least two similarities and differences associated with the major view of executive power, restricted prerogative, and stewardship.Your response should be at least 200 words in lengthQuestion 2–Create a comparison between two organizations, including the following characteristics:Roles within the organizationCulture of the organizationPurpose of the organizationPolitical, social, and economic contextsDiscuss the similarities and […]

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Date: September 2nd, 2020

ACCOUNTING-The following information is available concerning the purchase of a new piece

QUESTION The following information is available concerning the purchase of a new piece of equipment: Initial investment ……………. ? Annual cost savings …………… $50,000 Salvage value in 10 years ……… 10% of original cost of the equipment Cost of capital ………………. 12% Life of project ………………. 10 years The net present value of this investment […]

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Date: September 2nd, 2020

ACCOUNTING-Ellipsis Electronics produces speakers for home entertainment systems

QUESTION Ellipsis Electronics produces speakers for home entertainment systems. Because of the rapid rate of technological innovation in this market, most of the company’s products have short life cycles. The marketing manager, Jean, Wills, believes that new product introductions are the key to success. However, the managing director, Joseph Iacopetta, is concerned that the frequent […]

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Date: September 2nd, 2020

ACCOUNTING-Walker Company (a US company) paid US$3,700,000 to acquire all of the common stock

QUESTION Question 5On May 1, 2011, Walker Company (a US company) paid US$3,700,000 to acquire all of the commonstock of Hayden Corporation (an Australian company), which now became a division of Walker.Hayden reported the following US$ balance sheet at the time of the acquisition:BookValue $Fair900,000Value $1,500,000Noncurrent Assets2,700,0002,300,000Current liabilities(600,000)(700,000)Long-term liabilities(500,000)(400,000)Current AssetsAt December 31, 2011, Hayden reports […]

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Date: September 2nd, 2020

ACCOUNTING-Chesley Company is planning to produce 2,500,000 power drills

QUESTION Chesley Company is planning to produce 2,500,000 power drills for the coming year. The company uses direct labor hours to assign overhead to products. Each drill requires 0.7 standard hour of labor for completion. The total budgeted overhead was $1,980,600. The total fixed overhead budgeted for the coming year is $1,325,800. Predetermined overhead rates […]

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Date: September 2nd, 2020

ACCOUNTING-Application: A Letter to the Board of Directors

QUESTION Application: A Letter to the Board of DirectorsDecisions involving capital expenditures often require managers to weight the costs and benefits of different options related to the same goal or project. For instance, deciding whether to replace, repair, or do nothing to existing equipment is a capital expenditure decision that involves calculations, projections, and deliberations. […]

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Date: September 2nd, 2020

ACCOUNTING-Use the following information to prepare a statement of cash flows.

QUESTION 1. Use the following information to prepare a statement of cash flows. Comparative Balance Sheets, December 31 2014 2013 Cash $ 6,100 $ 4,200 Accounts Receivable 10,200 11,000 Inventory 14,900 13,500 Long-term Investments 8,000 6,500 Equipment 33,600 31,000 Accumulated Depreciation (5,000) (4,100) Total Assets $67,800 $62,100 Accounts Payable $15,300 $14,700 Wages Payable 400 700 […]

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Date: September 2nd, 2020